GSA Gets Rid of Excess Property, Saves Taxpayer Dollars

As part of GSA’s mission to effectively manage government assets, we are disposing of properties that are no longer needed. We are making more efficient use of the government’s real estate assets and saving taxpayer dollars by getting underutilized properties off of the government’s books. In the past year alone, GSA has sold or transferred 97 excess properties valued at $82 million. GSA is implementing several strategies that will allow us to shed even more excess property.

Last week, GSA posted a Request for Information (RFI) concerning the redevelopment of the historic David W. Dyer Federal Courthouse in Miami, Florida. GSA is seeking information from both the public and private sector on ideas for the courthouse. By seeking input from the development community and the public, we can decide whether to exchange, sell, or lease the courthouse. The RFI has been posted on FedBizOpps.gov.

GSA seeks ideas for historic Dyer Courthouse

Another strategy to dispose of excess property implemented by GSA is to pursue a partnership with a private-sector developer to exchange excess property for the construction of a new building. One example of this is the historic North Spring Street courthouse in downtown Los Angeles. In exchange for the courthouse, the proposed plan calls for a private developer to construct a new building to house federal tenants.

GSA is also auctioning excess properties across the country, and we are working to get the best deal for the taxpayers.  In Moscow, Idaho, GSA is auctioning the Moscow Federal Building beginning August 7th. Also on the disposal list are two commercial properties in NASA’s Glenn Research Center in Fairview Park, Ohio, and the auction is now open for bids. Later this year, GSA will auction the Georgetown Heating Plant in Washington, DC. Auctioning these properties allows these buildings to be returned to productive use in the local community. Bids for all current auctions may be submitted at GSA’s auction website at RealEstateSales.gov.

Since 2002, more than 3,355 federal properties have been taken off the government’s rolls, and more still needs to be done. Our mission at GSA is to make government more efficient and to save money. We will continue to do that by working with agencies to identify and dispose of buildings and facilities that are no longer needed.

Related posts:

  1. GSA Tackles Excess Property, Saves Taxpayer Dollars
  2. Excess Property Gets New Life, Creates Jobs
  3. Federal Property for Sale on RealEstateSales.gov