[11-20-2012: updated with today's news on the closing.]
[11-26-2012: Please note: if you would like to be considered as a supplier/bidder for work related to this property, you must be registered as a supplier. Visit the Purchasing Office webpage for all the details.]
ARLINGTON, Va. --- Arlington County Board today completed the closing of the County’s acquisition of the property at 2020 14th St. N. and now owns the property.
County staff will host a series of public meetings; the first meeting is Dec. 5, 2012, from 7-9:30 p.m. at Key Elementary School.
You can learn more by visiting the 2020 14th Street N. project website, where you can also sign up for periodic project updates (e-mail address required) and read Frequently Asked Questions.
[11-17-2012: updated with today's County Board action .]
ARLINGTON, Va., Nov. 17, 2012 --- The Arlington County Board today approved the County’s acquisition of the seven-story office building at 2020 14th St. N. in the Courthouse area.
“This purchase meets a number of long-standing County space needs, including continuing our 20-year practice of providing services to homeless persons in the Courthouse area,” commented Arlington County Board Chair Mary Hynes. “We look forward to working with the community to develop a Use Permit for the Homeless Services Center to meet the needs of all who live and work in Courthouse.”
The County anticipates going to closing on the purchase contract next week.
The Board voted 5-0 on the approval. View details on the County website; click on item #27.
[11-14-2012: updated to include more specific link to Board Report Agenda item. Original release issued 11-09-2012.]
ARLINGTON, Va., Nov. 9, 2012 --- The Arlington County Board on Nov. 17 will be asked to approve the County’s acquisition of the seven-story office building at 2020 14th St. N. The County Board will consider a purchase contract that reflects an expected purchase price of $27.125 million. County staff estimates the total project cost at approximately $42 million over five years, factoring in additional costs for design, renovation, and tenant relocation.
The County plans to use the property for offices, as a base for facility maintenance operations, and for vehicle fleet and computer storage. Plans also call for a comprehensive homeless services center to occupy two of the seven floors, replacing the aging Emergency Winter Shelter located at 2049 15th Street N., a block from the building to be acquired.
Proposed funding for the project: Includes $20 million of revenue bonds issued through the Arlington County Industrial Development Authority (IDA), $12 million of previously approved Pay-As-You-Go (PAYG) funding, and $6 million from Fiscal Year 2012 close-out funds. In approving the property acquisition, the County Board will also be asked to approve a temporary loan of $20 million from the Utilities Fund PAYG account to the General Fund PAYG account. This will be a temporary “bridge” loan, which will be reimbursed by the issuance of IDA revenue bonds. Funding for the $4 million in out-year costs is not proposed for County Board action at this time. Staff will request these funds once floors 4-7 of the building are available and renovations can take place.
County Board Agenda items for the Nov. 17 meeting – including this item – are available on the County website; click on item #27. The County expects to acquire title to the property at a closing of the sale on Nov. 20.
Acquiring 2020 14th St. N. will help the County government meet immediate space needs and provide the flexibility needed to support growing community needs. For ease of public access and efficiency, it is important that the County government’s office space and staff be located in the Courthouse area, which is the center of County government operations.
If the County Board approves the County’s acquisition of the property at 2020 14th Street N., County staff will host a series of public discussions and workshops to solicit input on certain physical and operational aspects of the property, including elements relating to the homeless services center.
The project timeline is expected to include a Planning Commission hearing and a Use Permit hearing before the County Board in spring 2013.
You can learn more by visiting the 2020 14th Street N. project website, where you can also sign up for periodic project updates (e-mail address required) and read Frequently-Asked Questions about the project. Visit www.arlingtonva.us, search “2020.”
Arlington, Va., is a world-class residential, business and tourist location that was originally part of the "10 miles square" parcel of land surveyed in 1791 to be the Nation's Capital. It is the geographically smallest self-governing county in the United States, occupying slightly less than 26 square miles. Arlington maintains a rich variety of stable neighborhoods, quality schools and enlightened land use, and received the Environmental Protection Agency's highest award for "Smart Growth" in 2002. Home to some of the most influential organizations in the world -including the Pentagon - Arlington stands out as one of America's preeminent places to live, visit and do business.