Postal Service Sells Georgetown Post Office to EastBanc

Georgetown post office on 31st Street .
Josh Howell
Georgetown post office on 31st Street .

The United States Postal Service has signed a contract with local developer EastBanc to sell the historic Georgetown post office on 31st Street, as first reported by the Washington Examiner. The price of the sale is more than $4.5 million.

Anthony Lanier, president of EastBanc, said a post office will remain on the first floor of the 19th-century building which is listed on the National Register of Historic Places.

According to the Examiner, "a spokeswoman for the Postal Service confirmed that it had formed a contract with a buyer and that a retail post office would remain on the premises after the sale."

The sale to EastBanc has been years in the making. EastBanc's design and use for the building was reviewed by the local Advisory Neighborhood Commission, the Old Georgetown Board and D.C.'s Board of Zoning. Future use of the post office building calls for offices, a back addition with much of the new space below grade, according to the Georgetown-Burleith ANC.

Lanier's EastBanc group owns and has redeveloped many M Street retail buildings. It is known for its development of Cadys Alley and the adjacent stores. Another EastBanc development is in the works for condos at Wisconsin Avenue and the C&O Canal to be built on the Verizon parking lot, next to Grace Church The United States Postal Service has signed a contract with local developer EastBanc to sell the historic Georgetown post office on 31st Street, as first reported by the Washington Examiner. The price of the sale is more than $4.5 million.

Anthony Lanier, president of EastBanc, said a post office will remain on the first floor of the 19th-century building which is listed on the National Register of Historic Places.

According to the Examiner, "a spokeswoman for the Postal Service confirmed that it had formed a contract with a buyer and that a retail post office would remain on the premises after the sale."

The sale to EastBanc has been years in the making. EastBanc's design and use for the building was reviewed by the local Advisory Neighborhood Commission, the Old Georgetown Board and D.C.'s Board of Zoning. Future use of the post office building calls for offices, a back addition with much of the new space below grade, according to the Georgetown-Burleith ANC.

Lanier's EastBanc group owns and has redeveloped many M Street retail buildings. It is known for its development of Cadys Alley and the adjacent stores. Another EastBanc development is in the works for condos at Wisconsin Avenue and the C&O Canal to be built on the Verizon parking lot, next to Grace Church

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Fri, 29 Aug 2014 20:10:21 -0400

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