118k SF Cotton Annex Building Could Be Headed For Public Sale Or Auction
A six-story, 118k SF office building in the Federal Triangle South area may find itself on the market—if the federal government can’t figure out what to do with it first.
The General Services Administration formally launched what is known as a disposal process for the historic Cotton Annex building at 300 12th St SW. The federal government will get first crack at the building, and will have to determine if there is any need for the property, the Washington Business Journal reports.
The Cotton Annex building was constructed in 1936 as a home for the US Department of Agriculture, which vacated it in 2007. If the federal government is unable to find a use for the building, it will be designated as surplus and likely head to a competitive public sale or auction.
The building sits just a block off the National Mall, an area which may have some ambitious plans in the works in the not-too-distant future. Last year, the National Capital Planning Commission unveiled plans to transform a 115-acre section just south of the National Mall into a highly sustainable SW Ecodistrict by 2030. [WBJ]