GSA Seeks Redevelopment Ideas for Volpe Center

GSA is seeking creative ideas from the real estate development community to redevelop the John A. Volpe National Transportation Systems Center (Volpe Center) property in Cambridge, Mass. GSA, in partnership with the U.S. Department of Transportation (DOT), will use these ideas to create a deal structure that will provide DOT with a state-of-the-art facility for transportation research to continue fulfilling the agency’s purpose of advancing transportation innovation for the public good.

The government intends to acquire this state-of-the-art facility through a real property exchange. The government would convey significant portions of the real property located at 55 Broadway in Cambridge, Massachusetts, to a private developer in exchange for consideration in the form of construction services. This project represents the first time that an agency has transferred a facility to GSA for innovative development.