File #: 25-2536    Name:
Type: Written Report Status: Agenda Ready
File created: 10/16/2024 In control: City Council Legislative Meeting
On agenda: 11/26/2024 Final action:
Title: Consideration of an Amendment to the Lease Agreement Between the City and WG Tavern Square Venture, LLC for office space at the Tavern Square Office Building Complex located at 421 King Street and 123 N. Pitt Street.
Attachments: 1. 25-2536_Attachment 1 - Expansion Proposal for 421King, 2. 25-2536_Attachment 2 - Expansion Proposal for 123NPitt
City of Alexandria, Virginia
________________
MEMORANDUM
DATE: NOVEMBER 20, 2024

TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL

THROUGH: JAMES F. PARAJON, CITY MANAGER /s/

FROM: JEREMY MCPIKE, DIRECTOR, GENERAL SERVICES

DOCKET TITLE:
TITLE
Consideration of an Amendment to the Lease Agreement Between the City and WG Tavern Square Venture, LLC for office space at the Tavern Square Office Building Complex located at 421 King Street and 123 N. Pitt Street.
BODY
______________________________________________________________________________

ISSUE: Consideration of an Amendment to the Lease Agreement between the City and WG Tavern Square Venture, LLC for office space at the Tavern Square Office Building Complex located at 421 King Street and 123 N. Pitt Street to accommodate the relocation of City offices from City Hall during the planned City Hall Renovation Project.

RECOMMENDATION: That City Council authorize the City Manager to execute the proposed Sixth Amendment to the lease agreement with WG Tavern Square Venture, LLC.

BACKGROUND: After many years of service, City Hall requires major updates to repair aging components, improve operating systems, optimize space utilization, improve building circulation and wayfinding, and enhance security. Therefore, the City has initiated an extensive project to design and renovate City Hall which will provide a revitalized safe, and sustainable environment to better service City staff, Alexandria residents, and visitors well into the future.

During the City Hall renovation project, the entire building, its offices, staff and operations will be required to vacate the building, as a result the City will need to secure alternative temporary office space, or swing space in nearby office buildings, including the Tavern Square Office Building Complex to accommodate the relocation of staff and offices from City Hall.

In June 2016, the City entered into a 10-year agreement to lease 56,223 square feet in the T...

Click here for full text