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Need Ideas for Use of State Street Buildings

News Release

Great Lakes Region


July 8, 2014           Access the RFI (solicitation # RFI-202--220-South-State-St) Download Copy of News Release.

RFI to be issued this week and ideas can be submitted over the next 60 days

Long view of 202 S. State StreetCHICAGO – Today, the U.S. General Services Administration (GSA) announced it will issue a Request for Information (RFI) seeking ideas from stakeholders to revitalize four properties located at 202, 212, 214 and 220 S. State Street in Chicago in exchange for services at other GSA-controlled facilities or for other property that helps our partner agencies better serve the American people.

About the RFI

  • This innovative approach to real property asset management allows stakeholders to provide input on the future use of these buildings. This is the latest in GSA’s ongoing efforts to make more efficient use of the government's real estate assets.
  • The government will use the RFI submissions to make informed decisions and, if sufficient interest exists, potentially create a transaction structure that repositions the property for a new use while leveraging the buildings to acquire other real property or necessary improvements to other government owned properties.
  • The RFI opened July 10, 2014, and stakeholders have 60 days to provide input. The RFI is posted on FedBizOpps.gov under solicitation # RFI-202--220-South-State-St.

About the State Street properties

  • The four properties at 202, 212, 214 and 220 S. State Street are located in the central business district of Chicago.
  • The buildings were constructed between 1886 and 1920 and sit on a .5 acre site.

GSA Regional Administrator Ann P. Kalayil comments:

“Issuing this RFI is the first step and will help provide insight into how we might put these properties along Chicago’s historic State Street corridor to new use, leverage the value of these buildings for the federal government, and save taxpayer dollars.”

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The mission of GSA is to deliver best value in real estate, acquisition and technology services to government and the American people. The agency delivers this commitment through six priority areas that include: delivering better value and savings; serving our partners; expanding opportunities for small businesses; creating a more sustainable government; leading with innovation; and building a stronger GSA.

CONTACTS

Cat Langel
(312) 353-5663

Jackeline Stewart Stewart-Johnson
(917) 658-2757


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