DENVER, April 22 /PRNewswire/ -- The U.S. General Services Administration (GSA), the Federal Bureau of Investigation (FBI), and Alex S. Palmer & Company are hosting a groundbreaking ceremony for the future home of the Denver FBI Building at 8000 East 36th Avenue, Denver, Colorado, on Thursday, April 24, 2008, at 2 p.m. Expected guest speakers include Kelly Russell, GSA Rocky Mountain Regional Director, James H. Davis, Special Agent In Charge, and Alex S. Palmer, President and Managing Partner for Alex S. Palmer & Company.
The Denver FBI office experienced unexpected and rapid growth after the September 11, 2001, terrorist attacks. This new campus will accommodate new programs and security features that will result in smoother operations.
"GSA is proud to fulfill the FBI's real estate needs as they provide a vital function in the war against terrorism," said GSA Regional Administrator Leslie Plomondon. "The design of the new multi-use campus creates a strong balance between function and security while supporting GSA's goal of achieving 'design excellence' for all our government buildings."
The Denver FBI is consolidating three local offices and moving to a new ten-acre campus in the Stapleton Redevelopment Area. The campus will consist of three major components -- a four-story office building, an annex facility, and a parking garage. The office building and annex will have a combined rentable square footage (rsf) of about 175,155.
GSA's 20-year lease will pay Alex S. Palmer & Company about $6.1 million every year. The four-story office building will be designed to achieve a LEED - Leadership in Energy and Environmental Design - certification, adding another green building to Denver's market.
Alex S. Palmer & Company, headquartered in Nashville, Tennessee, is the owner and developer of the property. Peter Ruggiero, AIA, design partner with Skidmore Owings & Merrill in Chicago, will lead the architectural design team. Bovis Lend Lease (Australia) will serve as the contractor for the project which is scheduled for substantial completion in December 2009.
Alex S. Palmer & Company is a leader in the real estate development, management and brokerage market. The company provides in-house property management, leasing, tenant representation, construction management, tax, design, and financial expertise to clients. The company has built several government buildings in recent years including the Veterans Administration Regional Office in San Diego, a government office building for the County of Alameda in San Francisco and the IRS building in Fresno, Calif. Other real estate developments include luxury residential, hotel and multi-use properties. Please visit http://www.aspcompany.com/ for more information.
GSA PBS is the largest public real estate organization in the country. PBS has an inventory of over 342 million square feet of workspace for 1.1 million federal employees in 2,100 American communities. This includes more than 1,500 government-owned buildings, or approximately 51 percent of GSA's total inventory. The remaining 49 percent is in privately owned leased facilities. Please visit http://www.gsa.gov/r8 for more information.
Alex S. Palmer & Company
