Momentum appears to be accelerating for the federal government to sell a downtown Atlanta tower, home to several agencies, that has been a target for sale.
In a report published Thursday, the Public Buildings Reform Board listed the Peachtree Summit Building as one of 11 federal sites across the country it recommends to be sold. The report is the latest effort in the board’s mission to lower costs to taxpayers for poorly maintained or underused buildings, provide federal workers with better, more modern workspaces and return properties to local tax bases.
The assessment determined that the federal government should dispose of the distinctive, triangular-shaped tower, which rises nearly 30 stories over the Downtown Connector, because of its “underutilization and significant deferred maintenance.” As The Atlanta Journal-Constitution reported in March, the building includes nearly 804,000 square feet of leasable office space and is about 30% vacant, according to data from the General Services Administration, which manages the federal government’s vast real estate holdings…