It may have been late late on a Friday afternoon, but the city did what it said it would
and released a Request for Expressions of Interest
for 225 Virginia Avenue
, looking for someone who wants to sublease (with an option to buy) the 421,000-square-foot building that was once the Washington Star printing plant, until it folded in the early 1980s. The Post used it as a printing plant until 1999, when it sold the building to the William C. Smith Company, who sublet it to Washington Telecom Associates, who sublet it to the city in 2006. (Got that?)
Quoting from the RFEI: "The District's primary goal, in issuing this RFEI, is to assign its leasehold interest, including the purchase option, in 225 Virginia Avenue, SE. The District's secondary goal is to enable the site to be used and redeveloped at its private sector highest and best use." The city currently leases the building for $6.5 million a year; the option to buy can be exercised for $80 million prior to the third lease year.
Proposals are due by noon on September 26, with October 13 listed as the notification date.