May 10, 2007

Going....Going...

Almost gone. Metro received an unsolicited offer for property in Shaw, so it issued an RFP. We not sure if this is related to the proposed Broadcast One center.

The three parcels are situated two blocks northwest of the Shaw Metro station on the south side of Florida Avenue, NW btwn 7th and 9 streets. The largest is parcel three, which contains about 16K square feet and has 124 feet of frontage on Florida Avenue, NW and 177 feet of frontage on 8 Street, NW.

In the RFP Metro notes "This area is considered one of the most attractive real estate markets in the Washington metropolitan area." One has to wonder why then did Metro wait for an unsolicited offer to solicit bids. Metro has a revenue shortfall and developing the site would boost ridership.

The deadline for making a proposal is May 31.

1 comment:

Shaw Resident said...

What happened with the RFP forthe property in Shaw on Florida Avenue NW?

Do we know how many were received and when any proposal will be awarded?

Thanks.