Industries Commercial Real Estate

National Science Foundation to move to Alexandria

  •  | 
Print this page

The National Science Foundation will move its headquarters from Arlington to Alexandria, the General Services Administration (GSA) announced Friday.

The NSF will occupy 660,848 square feet of space at the Hoffman Town Center complex in 2017 at a rental rate more than 30 percent below the market rate. The deal also provides the government with $35 million, which can be used to further reduce rent, relocation and overhead costs.

The 15-year lease was awarded after a competitive bid process.

The deal is the largest transfer of federal workers in Northern Virginia since the Patent and Trademark Office left Crystal City for Alexandria in 2005, according to The Washington Post.

The deal was competitive because the NSF employs more than 2,100 workers and the agency attracts more than 60,000 visitors each year.

The new headquarters will be built on parking lots next to the AMC Hoffman Center, the Post reported, which is short walk from the Eisenhower Avenue. Metro station. The developer eventually plans 7 million square feet of offices, apartments, hotel rooms and retail.


Reader Comments

comments powered by Disqus


showhide shortcuts