Can We Breathe New Life into Government Buildings?
Nearly 30% of Washington, D.C.’s total land area is owned by the Federal Government. In times of economic turmoil, this enormous, city-wide footprint of long-term leases has helped D.C. remain resilient in terms of holding rent and vacancy rates steady.
But like nearly every other sector, the COVID-19 pandemic distorted this time-tested relationship — perhaps forever.
A continually high rate of federal employees working from home, deteriorating interior conditions of several government workplace buildings, and an industry wide goal to reach net zero carbon has created a perfect storm for opportunity.
Guest host Diana Apalategui and guest Lucy Kitchin explore ideas for private sector intervention in federally owned assets in the District, including a revitalized, mixed-use National Mall, amenity-rich government office buildings, and more.
Tune in to hear the full conversation. As always, thanks for listening!
Product Development Leader, Senior Associate
Strategist, Senior Associate