Walter Reed Army Medical Center Building #40 

Walter Reed Army Medical Center (WRAMC) identified an underutilized historic facility (building #40) in need of complete renovation and needed assistance in creating and evaluating alternatives for redevelopment.  Novogradac employees worked on an analysis of market demand, project vision and feasibility; an industry forum; an RFQ solicitation to the private sector; the evaluation of developer proposals; and the development and execution of the business and leasing plan.   The finalized project scope involved the complete renovation and modification of this old laboratory space into a 230,000+ square foot (S.F.), class A- office building to be occupied both by the Army and civilian organizations.