Metro headquarters will move to L’Enfant
After more than four decades at Judiciary Square, Metro will move its headquarters to L’Enfant Plaza and set up shop in a soon-to-be-renovated office building, the agency said Tuesday.
That building, at 300 Seventh Street SW, is vacant. If the Metro board approves the purchase at a finance committee meeting next month, the deal could close by the end of the year. After that, Metro estimates, there would be two years of reconstructive and design work before the majority of the agency’s 1,300 office workers would move in.
Agency officials did not say how much it would cost to buy the building, known as the “Reporters Building,” or renovate it. At least part of the cost would be offset by the sale of Metro’s current headquarters, the hulking Jackson Graham Building at Judiciary Square, which has been valued between $56.2 million and $132 million.
That site is across the street from Capital One Arena and is expected to officially be put up for sale in spring 2019.
Metro General Manager Paul J. Wiedefeld announced earlier this year that he intended to sell the headquarters rather than deal with the high costs and significant disruption that would come with repairing aging plumbing, heating, airconditioning and electrical systems. The building also is no longer in compliance with fire codes and Americans With Disabilities Act standards.
“Moving our headquarters to L’Enfant Plaza will make us even more accessible to our customers, create a modern and vibrant office space that allows us to attract and retain top-flight talent, and generate revenue to support transit service,” Wiedefeld said in a statement.