GSA’s Great Lakes Region signed an outlease of 14,800 square feet of space, through the Public Buildings Cooperative Use Act, for a food court in the Metcalfe Federal Building in Chicago, IL. The Cooperative Use Act encourages the government to develop the highest and best use of pedestrian access areas in Federal facilities. The lessee has subleased this space to national food service and restaurant franchises. The food court also includes a Randolph-Sheppard gift shop. The food court serves the general public as well as the 9,000 tenants of the Chicago Federal Center. The outleasing of the space in the Metcalfe Federal Building is expected to contribute approximately $1.5 million in revenue.
The Region is developing another retail/restaurant endeavor through the Cooperative Use Act in the Railroad Retirement Board Building in Chicago. This approach has generated much interest for application in other Federal buildings around the nation.
For more information, contact Mr. Edward Kanne at (312) 353-3299 or via e-mail at ed.kanne@gsa.gov
