Walter Reed Army Medical Center Building #50

Novogradac employees worked with the Army on an Enhanced Use Lease project for Walter Reed Army Medical Center (WRAMC) Building #50 project. WRAMC identified an underutilized parcel of land and engaged an advisor to assist them in creating and evaluating alternatives for redevelopment. Novogradac employees assisted the U.S. Army Corps of Engineers and WRAMC in developing a project vision and feasibility; holding an industry forum; creating an RFQ solicitation to the private sector; and evaluating developer proposals.  Anticipated project scope includes a 500,000 S.F. medical research lab, a 400 car parking garage, and a new facility for the Walter Reed medical museum.