File #: 21-1010    Name:
Type: Written Report Status: Agenda Ready
File created: 4/23/2021 In control: City Council Legislative Meeting
On agenda: 5/11/2021 Final action:
Title: Authorization of Exercise of a Notice of Intent by the City to Purchase Property at 4850 Mark Center Drive (IDA Office Building).
Attachments: 1. 21-1010_Attachment 1 - 4850 Mark Center Drive Aerial, 2. 21-1010_Attachment 2 - 4850 Mark Center Drive Picture
City of Alexandria, Virginia
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MEMORANDUM


DATE: MAY 5, 2021

TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL

FROM: MARK B. JINKS, CITY MANAGER /s/

DOCKET TITLE:
TITLE
Authorization of Exercise of a Notice of Intent by the City to Purchase Property at 4850 Mark Center Drive (IDA Office Building).
BODY

ISSUE: Notice of Intent to exercise the City's option to purchase property located at 4850 Mark Center Drive.

RECOMMENDATION: That City Council authorize the City Manager to give notice to the Institute for Defense Analyses (IDA) by August 19, 2021 of the City's intent to purchase from the IDA, its office building and related property at 4850 Mark Center Drive for $58.7 million.

BACKGROUND: DCHS, the Alexandria Health Department and Neighborhood Health Services operations currently occupy over 210,000 square feet of office, client, and clinic space in eight different locations with four of the locations being leased space. In general, most of the current DCHS and Health Department space is overcrowded, outdated, and does not meet modern standards for office, client, and clinic space. In addition, staff assessed the location of the current client residences across the City and identified that a more western location in the City would be more accessible to a majority of their clients.

Following space programming, market survey analysis of available properties on the western end of the City, staff site tours, due diligence studies and space stacking exercises, three properties in the Mark Center office park bordered by I-395, Seminary Road and Beauregard Street were considered as potentially meeting the most criteria. Based on the results of the analyses, staff recommended the building at 4850 Mark Center Drive as it best meets the needs for co-location, is the newest, is in the best physical condition and is the least expensive of the options. The approximately $19.0 million cost differential between the lowest cost of the 4850 Mark...

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