Navy lobbies for new downtown headquarters
Tuesday, July 25, 2006
Navy Admiral Len Hering told members of the Chamber of Commerce, if the lease agreement between the Navy and developer Doug Manchester does not go through, the Navy would be, quote, "homeless."
Hering says if the lease is not signed by the end of the year, U.S taxpayers would have to pay for new navy offices elsewhere. He says the 1992 redevelopment agreement with the city benefits everyone.
Hering: "Because of that, we asked for no money from congress to relocate our headquarters, 21st century office space that we require for the future. That office space would cost the taxpayer roughly $350 to $400 million."
Hering says, by building the new 19 story office as part of the redevelopment project, the cost will be closer to $200 million, and will be covered under the lease agreement with developer Doug Manchester. Alison St John, KPBS news.
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