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November 24, 2015

FAA OKs lease for Des Moines building

By JOURNAL STAFF

Image courtesy of CollinsWoerman [enlarge]

The U.S. General Services Administration signed a 20-year lease with Panattoni Development for space at Des Moines Creek Business Park to house the regional office of the Federal Aviation Administration.

The contract award is about $200 million, according to FedBizOpps.

Panattoni, which is based in Newport Beach, California, is building the 300,000-square-foot office at the corner of South 216th Street and 24th Avenue South in the 87-acre park. CollinsWoerman is the architect, and Abbott Construction is the general contractor.

Occupancy is set for the summer of 2017.

David J. Young of CBRE represented the government.

The FAA is consolidating its operations, part of a federal government effort to reduce real estate costs.




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