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June 24, 2005 News Clips

WASHINGTON, DC NEWS

Businesses Resist As DC Collects On Ballpark Fee
Burden of Gross Receipts Tax Is Unequal, Owners Argue

by David Nakamura
Washington Post Staff Writer
Thursday, June 23, 2005; Page B01

The District government's effort to collect the first installment of a business tax to build a new baseball stadium has outraged some company owners, confused others and renewed a political discussion about restructuring the tax.

An estimated 1,300 businesses that have gross receipts of $5 million or more will be expected to pay the tax, or ballpark fee, said city officials, who mailed out the bills this month. The fees, which initially were due June 15, range from $5,500 to $16,500 depending on the size of a company. The city's Office of Tax and Revenue has granted a two-week filing extension to June 30, which will allow businesses to obtain more information about the filing process.

Objections to the tax bills came quickly.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/22/AR2005062202179.html

 

Mendelson Faces 2nd Challenger In 2006 Race for DC Council Seat

by Lori Montgomery
Washington Post Staff Writer
Thursday, June 23, 2005; Page B06

An affordable housing executive and anti-crime activist announced yesterday that he will challenge DC Council member Phil Mendelson (D) for his at-large seat in 2006, becoming the second candidate attempting to unseat the two-term incumbent.

Before 50 supporters gathered in the backroom of Ben's Chili Bowl on U Street NW, David Bowers said he is running to bring new energy to bear on chronic city problems, such as crumbling schools, skyrocketing housing prices and the cycle of violence.

"I'm running because there is compelling human need everywhere I look," Bowers said. "If there is no bold vision, we will come back here 20 years from now and still be talking about people being killed and kids not graduating from school."

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/22/AR2005062202251.html

 

Are They His Voters Or Just Eating Free?

by Lori Montgomery and Eric M. Weiss
Washington Post Staff Writers
Thursday, June 23, 2005; Page DZ02

You've got to hand it to DC Council member Vincent B. Orange Sr. The man knows how to fill a room.

Nearly 500 people turned up at the Mandarin Oriental hotel in December to eat a free breakfast, Orange's first exploratory event for the 2006 mayoral race. An estimated 3,000 showed up to drink free booze at his birthday celebration at Dream nightclub in April. And on Sunday, 367 people signed the guest list at his announcement for mayor, where live blues and free, Dream-catered barbecued chicken were on offer in Orange's leafy Northeast Washington back yard.

"Our goal was to have more people than Fenty," said Orange (D-Ward 5), referring to his council colleague, Adrian M. Fenty (D-Ward 4). (Fenty, sadly, offered no free food at his June 1 mayoral announcement, and he attracted only about 100 people.)

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/22/AR2005062200870.html

 

DC Council Approves Stadium Labor Pact
Residents Are Assured Jobs, Backers Say

by Eric M. Weiss
Washington Post Staff Writer
Wednesday, June 22, 2005; Page B08

The DC Council yesterday endorsed a city agreement that relies on organized labor to build the new stadium for the Washington Nationals, despite concerns that it could hurt city-based minority and non-union contractors and workers.

Mayor Anthony A. Williams (D) announced a labor agreement last week that calls for training hundreds of District residents for jobs generated by the $535 million stadium project.

But council member Vincent B. Orange Sr. (D-Ward 5) introduced an emergency bill that, in effect, would have killed the agreement negotiated between Williams and the unions.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/21/AR2005062101407.html

 

Door May Close on Housing Program
Renewal Uncertain for Effort That Transformed DC Neighborhood

by Jonathan Weisman
Washington Post Staff Writer
Tuesday, June 21, 2005; Page A01

There are times, Jacqueline Massey said, when the quiet of her Anacostia neighborhood reminds her of the dark days of nearly a decade ago, when only eight families remained at the public housing development of Valley Green, huddled in the center of a virtually deserted complex of 34 crumbling buildings.

But it is not the silence of the ghost town it was back then, when it was abandoned by the residents, the police and even the drug dealers. Now, the 58-year-old said, the silence she feels on those same streets is the calm of a community at peace.

"I love going home," Massey marveled. "God is good. He sent us on a journey like the children of Israel. And if you wanted to get to the promised land, you had to work hard to get there."

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/20/AR2005062001450.html

 

Orange Running for DC Mayor's Job
Council Member Seeks To Spread Prosperity Throughout City

by Lori Montgomery
Washington Post Staff Writer
Monday, June 20, 2005; Page B01

DC Council member Vincent B. Orange Sr. announced yesterday that he is running for mayor, casting himself as a veteran politician with the business savvy to broaden the city's economic renaissance and spread its benefits to public schoolchildren, blue-collar workers and forgotten neighborhoods east of the Anacostia River.

Addressing dozens of supporters at a catered picnic in the shady back yard of his family's home in Northeast Washington, Orange (D-Ward 5) took credit for helping to nurture the city's financial turnaround during two terms on the council. As mayor, he said, he would seek to build on that success by focusing resources on public schools, affordable housing, health care for the poor and jobs for city residents.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/19/AR2005061900743.html

 

Cropp Defined by Ballpark Push
Quest for Private Funding Ends but Could Be an Issue in a Mayoral Race

by David Nakamura
Washington Post Staff Writer
Sunday, June 19, 2005; Page C01

DC Council Chairman Linda W. Cropp positioned herself as a champion of District residents late last year when she demanded that Mayor Anthony A. Williams find private financing to help build a baseball stadium.

Cropp said she was uncomfortable with the mayor's proposal to use mostly public funds for the $535 million project. Last week, however, Cropp's search for private money met a quiet demise.

After reviewing eight offers from private companies, city leaders in recent months eliminated all but the one from Deutsche Bank. But Cropp (D) said last week that she would not bring the Deutsche Bank proposal forward for a vote because it has little support on the council.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/18/AR2005061801422.html

 

Stadium Deal Calls For Union Workers
Some Doubt Fairness Of Construction Plan

by Robert E. Pierre
Washington Post Staff Writer
Friday, June 17, 2005; Page B01

Mayor Anthony A. Williams announced yesterday that the city has reached an agreement that requires local unions to hire and train hundreds of District residents for the construction of the new baseball stadium.

Williams made the announcement under a sweltering sun near home plate at Robert F. Kennedy Memorial Stadium, where the Washington Nationals currently play, surrounded by more than 100 union members in the construction trades who are hoping to get a piece of the $535 million project.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/16/AR2005061601549.html

 

Neighborhoods Receive $17M for Revitalization

by Barbra Murray
GlobeSt.com
Last updated: June 22, 2005 11:15am

WASHINGTON, DC-A handful of neighborhoods in the District's Northeast and Southeast areas--including the Anacostia, Deanwood and Hillcrest communities--have been designated to receive $17.5 million in investments from the RLA Revitalization Corp., a subsidiary of the National Capital Revitalization Corp. The funds will be culled from the disposition of market-rate properties and redirected toward a variety of projects designed to rejuvenate the environment in Wards 7 and 8.

W. Ronald Evans, chairman of RLA's board, says members' acted expeditiously to "identify investments in projects, such as community centers, affordable housing, and the attraction of new jobs, which will serve the needs of families living in underserved neighborhoods." The designated projects include the acquisition of land at Skyland Shopping Center for $7.2 million, a $5 million investment in new home construction and the purchase of land, single-family homes and multifamily structures in both wards for a total of $4 million. Also included is a $930,000 investment in a mixed-use property and a $400,000 investment in the Walter E. Washington Community Center.

http://www.globest.com/news/311_311/washington/135511-1.html

 

Data Firm Leases 14,500 SF in Georgetown

by Barbra Murray
GlobeSt.com
Last updated: June 21, 2005 11:47am

WASHINGTON, DC-Georgetown Place, located at 1101 30th St. NW prepares to open its doors to a new occupant now that Aaxis Technologies has taken on 14,500 sf at the 110,000-sf office building for its corporate headquarters. Aaxis, which provides data acquisition and management services to the legal industry, signed a 10-year lease.

As a result, Aaxis will be able to relocate its corporate headquarters from 1405 Rhode Island Ave. NW and consolidate the head office with its other local office under one roof. The deal also secures space for future expansion and leaves the company with three times the space provided by both locales. Mark Sullivan of Cassidy & Pinkard represented Aaxis, which has tapped the real estate services firm's Adrian Conforti to oversee project management for the construction of the new headquarters space. Property owner Columbia Realty Venture was represented by Bernstein Management Corp.'s Austin Herndon.

http://www.globest.com/news/310_310/washington/135459-1.html

 

Law Firm Doubles Occupancy with Renewal/Expansion

by Barbra Murray
GlobeSt.com
Last updated: June 20, 2005 12:14pm

WASHINGTON, DC-Davis & Harman LLP has doubled its occupancy in a recent renewal and expansion of its lease at the 243,000-sf Willard Office Building. Located at 1455 Pennsylvania Ave. NW, the office adjoins the Willard Intercontinental Hotel.

When all is said and done--which will be one year from now when the newly spoken for space becomes available--Davis & Harman will have its name on a total of approximately 32,800 sf encompassing the top two floors of the 12-story structure. The lease, negotiated on behalf of the tenant by Jeffrey Shrago and Paul Graham of Studley, is for a 10-year term. CarrAmerica's Phillip Thomas represented the property owner.

http://www.globest.com/news/309_309/washington/135415-1.html

 

MONTGOMERY COUNTY NEWS

Cardin to Hold Event on Van Hollen's Turf

Washington Post Staff Writer
Thursday, June 23, 2005; Page GZ02

Rep. Chris Van Hollen (D), who represents portions of Montgomery County in the U.S. House, may eventually decide to run for the Senate, but three dozen Montgomery residents are hosting a big-money fundraiser next week for a possible opponent in next year's race, Rep. Benjamin L. Cardin.

Cardin, who represents Maryland's 3rd District, which includes parts of Baltimore and Howard, Anne Arundel and Baltimore counties, announced his candidacy in April for the Democratic nomination to replace retiring Sen. Paul S. Sarbanes (D).

Kweisi Mfume, former head of the NAACP, also is a candidate for the Democratic nomination. Van Hollen, whose district includes about half of Montgomery and a small part of Prince George's County, also is considering entering the race.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/23/AR2005062300557.html

 

Blossoming Gubernatorial Campaigns, in All but Name
O'Malley and Duncan Working Hard to Keep Elective Efforts Informal

by Matthew Mosk and John Wagner
Washington Post Staff Writers
Thursday, June 23, 2005; Page B04

Baltimore Mayor Martin O'Malley says he collected more than $2 million at a fundraiser Monday night. He spent yesterday afternoon in Montgomery County, the back yard of the other technically unannounced 2006 Democratic primary aspirant, County Executive Douglas M. Duncan.

But when a reporter asked O'Malley why he has not formally declared his candidacy for governor of Maryland, he seemed unable to summon an answer, saying such an announcement might come "sometime not in the too-distant future."

It is one of the oddities of Maryland's political landscape at this moment: O'Malley and Duncan are both clearly running for governor, yet are engaged in a form of semantic gymnastics to avoid formally declaring themselves candidates.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/22/AR2005062202204.html

 

Duncan Chides Ehrlich Over Cuts in Medicaid
Some Immigrants Will Lose Insurance

by John Wagner
Washington Post Staff Writer
Wednesday, June 22, 2005; Page B05

Montgomery County officials took aim at Gov. Robert L. Ehrlich Jr. yesterday for making budget cuts that will cause hundreds of legal immigrants in Maryland to lose their taxpayer-subsidized health insurance next month.

As part of a broader effort to curb Medicaid costs, Ehrlich (R) in January proposed eliminating $7 million in funding for coverage of pregnant women and children classified as permanent legal residents for fewer than five years.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/21/AR2005062101630.html

 

For Duncan, a Long Road to Run
Extended Tour to Build Recognition and Support for Next Year's Primary

by Tim Craig
Washington Post Staff Writer
Friday, June 17, 2005; Page B01

Montgomery County Executive Douglas M. Duncan was delivering his stump speech to an audience in Salisbury, recounting the benefits of public schools, when Chuck Lutz leaned over and asked his neighbors, "Is he a schoolteacher?"

Most of the members gathered for the Wicomico County Democratic Club meeting Wednesday evening knew that Duncan was a county executive and an all-but-declared candidate for governor of Maryland.

But Lutz's question highlights Duncan's difficulty as he gears up to take on the better-known Martin O'Malley, the mayor of Baltimore, in next year's Democratic primary.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/16/AR2005061601506.html

 

Generations Of Residents Settle Down In Scotland

by Janet Lubman Rathner
Special to The Washington Post
Saturday, June 18, 2005; Page G01

Little about the Potomac community of Scotland hints at its historic significance as one of the earliest African American settlements in Montgomery County or the subsequent treatment that nearly obliterated it.

Today, Scotland is a 10-acre enclave of 100 townhouses off Seven Locks Road, built with the assistance of grants and government funding in the 1960s. But the community dates back to 1879 when, for $210, former slave William Dove bought 36 acres of land at auction.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/17/AR2005061700588.html

 

Chevy Chase residents seek more zoning control

by Chris Williams
Gazette Staff Writer
June 17, 2005

Last month, the group discussed asking the Montgomery County Council to amend the county charter to give their municipalities the power to make decisions about residential zoning issues. Sparked by the trend of tearing down older houses and replacing them with much larger ones, the group wants the towns and villages to regulate things like building height and floor area ratios, which currently fall under the county's authority, said Stuart Rudikoff, chairman of the Section 5 Village Council.

"It gives the community some sort of control over what goes on, which they just don't have now," Rudikoff said in a phone interview Monday.

The representatives planned to discuss the idea with their respective councils and expected to report back to Section 5 sometime over the next two weeks, Rudikoff said.

http://www.gazette.net/200524/weekend/a_section/280994-1.html

 

Perez kicks off fund-raising for AG race

by Thomas Dennison
Gazette Staff Writer
June 24, 2005

But says he won't challenge Curran

ANNAPOLIS -- Montgomery County Council President Thomas E. Perez sent a biographical fund-raising solicitation to several hundred potential donors this week, declaring his interest in running for Maryland attorney general next year.

While Perez, 43, continues to carefully emphasize his respect for and deference to Attorney General J. Joseph Curran Jr. (D), his letter laid out several themes that would serve as a platform for his campaign.

Perez (D-Dist. 5) of Takoma Park is in his first term. He said he will not challenge Curran in next year's Democratic primary, but he is poised to jump into the race if Curran, 73, decides to retire instead of seeking a sixth term.

http://www.gazette.net/200525/weekend/a_section/282038-1.html

 

REGIONAL NEWS

Appraisers Come Under the Microscope

by Kenneth R. Harney
Washington Post Staff Writer
Saturday, June 18, 2005; Page F01

Behind the billowing housing boom in dozens of metropolitan areas around the country toils an industry under steadily increasing pressure: legions of real estate appraisers who routinely are asked for professional opinions that validate the soaring values often placed on homes by eager sellers and buyers.

Federal financial regulators, Congress and a slew of private researchers are focusing new attention on appraisers, the accuracy of their valuations, and reported attempts by lenders and others to influence the numbers they produce.

Twice in recent months, federal financial regulators have imposed new rules and restrictions on banks requiring them to more carefully monitor appraisals on first mortgages and home equity transactions. The Office of the Comptroller of the Currency required banks and their subsidiaries to prohibit mortgage loan officers from being involved in the selection of appraisers to reduce the potential for conflicts of interest.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/17/AR2005061700547.html

 

Low Rates, Higher Wages Buoy Builders

by Victor Epstein
Bloomberg News
Saturday, June 18, 2005; Page F21

A gauge of U.S. home builder optimism rose in June to the highest level this year as record home sales, mortgage rates of less than 6 percent and rising wages stoked demand.

The National Association of Home Builders/Wells Fargo index of builder confidence rose to 71 this month from 70 in May, the Washington-based group said this week. Readings greater than 50 mean builders view market conditions as more positive than negative.

Mortgage rates near record lows and improving wages are supporting the housing market, even as soaring home prices and speculative purchases prompt concern from policymakers such as Federal Reserve Chairman Alan Greenspan. Several national housing organizations, including the home builders association, raised their sales forecasts this month and now predict record home purchases in 2005 for the first time.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/16/AR2005061601718.html

 

Candidates limit press access

by Steven T. Dennis
Gazette Staff Writer
June 24, 2005

O'Malley campaign keeps reporters penned in

BALTIMORE -- Politicians want press coverage, but on their own terms.

Nowhere was that more apparent than Monday night at Baltimore Mayor Martin O'Malley's $2 million fund-raiser at M&T Bank Stadium, where the media had to go through presidential-level controls, sans metal detectors.

Campaign manager Jonathan Epstein told reporters and photographers they had to register three days in advance and show up nearly an hour before O'Malley (D) would speak. Once at the stadium, the media were escorted to a roped-in pen in the center of the fund-raiser, while a passel of campaign aides rode herd like sheepdogs.

http://www.gazette.net/200525/weekend/a_section/282046-1.html

 

Running early, running hard

by Steven T. Dennis and Thomas Dennison
Gazette Staff Writers
June 24, 2005

ANNAPOLIS -- If you are looking for the mayor, the county executive or the governor, chances are you won't find them at Baltimore's City Hall, Rockville's County Executive Office Building or the State House.

Maryland's most ambitious pols are running early and running hard across the state in what is shaping up to be an epic 2006 campaign season.

Make that 2005-06.

Campaigns have become multiyear slugfests, with more money, more acrimony and more ambition on display.

http://www.gazette.net/200525/weekend/a_section/282041-1.html

 

Real Republicans gird their loins to go after those liberals

Gazette Staff Writers
June 24, 2005

"Conservative to the core"? Tired of RINOs trampling your party? The Maryland Republican Assembly may be the place for you.

"Liberal Republicans have forced many of us who call ourselves conservatives to ask: how will our agenda of lower taxes and traditional family values ever prevail in Maryland if we cannot even win over elected Republicans?" according to the opening line of a membership letter from Michael Hough, president of the Frederick-based Maryland Republican Assembly.

The letter, dated June 7, counts "popular conservatives" such as Sen. Alex Mooney and Dels. Don Dwyer and Warren Miller among the group's members.

http://www.gazette.net/200525/weekend/a_section/282036-1.html

 

If the price is right...

Gazette Staff Writer
June 24, 2005

Want to buy a piece of Watergate history? Online auctioneer Bid4Assets in Silver Spring is selling the lock jimmied open by the Watergate burglars to enter to the Democratic National Committee headquarters on June 17, 1972.

A private seller who lives in the Washington area but wants to remain anonymous put the lock up for sale, said Bid4Assets Vice President Jenny Lynch.

"It's not often you get a real piece of history for auction at your Web site," Lynch said. "This lock destroyed and established the careers of a lot of people."

http://www.gazette.net/200525/weekend/a_section/282037-1.html

 

Ehrlich's Closest Aide Now Has The Title
Some See Selection As Campaign Move

by John Wagner
Washington Post Staff Writer
Monday, June 20, 2005; Page B01

When Robert L. Ehrlich Jr. decided to run for governor in 2002, he tapped Chip DiPaula Jr. to manage what seemed a long-shot endeavor. When he took office in 2003, Ehrlich (R) handed DiPaula arguably the administration's most difficult task: digging the state out of a gaping budget hole.

So no one in Annapolis was surprised last week when DiPaula made his debut in his latest high-stakes role: serving as the governor's chief of staff as Ehrlich tries to shore up a record on which to run for reelection in 2006.

In an administration that prizes loyalty, DiPaula long ago won a reputation as the governor's most valued and trusted aide. DiPaula, 43, is considered whip-smart and accessible around the clock and, as Ehrlich's budget secretary, somehow managed to ingratiate himself with many Democratic lawmakers opposed to the policies he peddled.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/19/AR2005061900748.html

 

O'Malley Event Nets $2 Million
Baltimore Fundraiser Highlights Cost of Governor's Race

by John Wagner
Washington Post Staff Writer
Tuesday, June 21, 2005; Page B04

BALTIMORE -- Baltimore Mayor Martin O'Malley raised more than $2 million at a fundraiser Monday night, according to aides, displaying some financial muscle as he prepares to run for governor next year.

The event, which drew more than 1,000 people to a club-level lounge at the city's downtown football stadium, underscored how costly the 2006 contest against Gov. Robert L. Ehrlich Jr. (R) is likely to be.

Organizers hoped the evening would showcase O'Malley as the Democrat best-equipped to compete with the governor, who had raised $6.6 million as of January and is widely expected to amass more than $20 million before the race is over.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/20/AR2005062001357.html

 

Building Curb May Be Relaxed
Pr. George's Rule Has Development at a Standstill

by Ovetta Wiggins
Washington Post Staff Writer
Sunday, June 19, 2005; Page C01

A six-month-old Prince George's County law that makes new home construction contingent on ample fire and police service has essentially shut down the pipeline of new projects across the county, planning officials say.

Since the law took effect, none of the 23 new residential subdivisions considered have been approved by the county, said Alan Hirsch, head of the Prince George's subdivision review committee. An additional 13 proposals for 1,039 houses that have not been reviewed are in limbo because of questions about their ability to pass the test, Hirsch said.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/18/AR2005061801076.html

 

Local Races Could Be Interesting in '06

by Ovetta Wiggins
Washington Post Staff Writer
Thursday, June 23, 2005; Page PG02

Although much of the political attention in Prince George's will be focused on next year's U.S. Senate and governor's races, a few local campaigns are also getting some notice.

The races are big -- as far as the county goes. And the list of emerging names includes many who are well-versed in campaigning.

Rushern L. Baker III , the former state delegate who lost to County Executive Jack B. Johnson , has already said he's trying to drum up support for another county executive bid.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/22/AR2005062201197.html

 

Exploring Inroads for Tysons Foot Traffic
Refashioning N.Va. Hub Into a Downtown Faces a Major Roadblock: Route 7

by Peter Whoriskey
Washington Post Staff Writer
Thursday, June 23, 2005; Page A01

Every once in a while, someone tries to cross Route 7 in Tysons Corner on foot.

It isn't easy. At 170 feet curb to curb, the suburban strip is far wider than the Champs-Elysees in Paris, Las Ramblas in Barcelona or Fifth Avenue in New York. Worse, crosswalk and "Walk/Don't Walk" signals, which engineers say would impede traffic, are deliberately scarce.

The few pedestrians willing to cross typically will scan the horizon for a break in the flow of cars, sometimes tentatively dangling a toe over the curb, and finally, engulfed by the rumble and noxious breath of rushing traffic, bolt.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/22/AR2005062202097.html

 

Kaine Unveils Transportation Plan
Va. Candidate's Proposal Aims to Secure Existing Funds

by Michael D. Shear
Washington Post Staff Writer
Thursday, June 23, 2005; 2:23 PM

Democratic gubernatorial candidate Timothy M. Kaine promised yesterday to veto any new tax or fee for transportation or any increase in existing levies until at least 2009, when a constitutional amendment to lock up the state's road fund could become law.

Kaine said the only new money for roads, bridges and trains on his watch would come from budget surpluses, if they materialize, and from a transfer of existing general fund taxes that would provide about $40 million a year for Northern Virginia.

"Any tax increase or any kind of fee increase -- or if we can think of a word that's a synonym for fees -- any revenue increase that's proposed into a transportation system, a trust fund, that's not locked up and protected will be vetoed," Kaine told reporters after a speech to business leaders in Herndon.

http://www.washingtonpost.com/wp-dyn/content/article/2005/06/23/AR2005062300996.html

 

Construction Management Team Comes Aboard $62M Mixed-Use Project

by Barbra Murray
GlobeSt.com
Last updated: June 23, 2005 09:20am

FALLS CHURCH, VA-Construction of the mixed-use Spectrum at Falls Church mixed-use development has gotten a push now that Bovis Lend Lease has joined the project team to head up pre-construction and construction management services. Waterford Development LLC, the force behind the $62-million undertaking, tapped Bovis for the role. The real estate contracting and project management company will have its hands full overseeing the erection of a facility on an approximately 2.5-acre corner parcel that had been home to an office building and a surface parking lot.

Spectrum is expected to be a live-work-play destination at 444 W. Broad St. Designed by architectural firm Cooper Carry Inc., the property will feature 189 residential condominium units, 30,000 sf of ground-level retail, 29,000 sf of office space, and a nearly 235,000-sf parking facility to accommodate 620 vehicles.

http://www.globest.com/news/312_312/washington/135532-1.html

 

BNA To Abandon DC with Purchase of VA Headquarters

by Barbra Murray
GlobeSt.com
Last updated: June 23, 2005 12:43pm

ARLINGTON, VA-Forsaking Washington, DC for neighboring Northern Virginia, BNA Inc. has committed to purchasing the 289,400-sf office building at 1801 S. Bell St. in Arlington's Crystal City submarket for its new headquarters. BNA has an agreement in principal with seller Vornado Realty Trust's Charles E. Smith Commercial Realty, which has owned the property since 1999, according to Arlington County records.

The move will allow the company to consolidate its current multi-structure headquarters in DC--with its main building being at 1231 25th St. NW--in one location. The Crystal City facility is also large enough to provide the news and information publisher, formerly known as the Bureau of National Affairs, with ample room for expansion. According to news released by the office of Virginia Gov. Mark R. Warner, BNA will spend $110 million on the relocation.

http://www.globest.com/news/312_312/washington/135562-1.html

 

Feds Spend $63M on 116-Acre Property

by Barbra Murray
GlobeSt.com
Last updated: June 23, 2005 02:37pm

PRINCE WILLIAM COUNTY, VA-The US Government takes possession of a 116-acre campus with a 336,000-sf office building originally developed by IBM in 1984 in a $63 million trade. The US General Services Administration purchased the secure site--located in the 1,600-acre technology-centric Innovation@Prince William business park--from New York City-headquartered T-Rex Capital LLC, which has called the property its own since acquiring it from Lockheed Martin in 2002.

"It is clear that the commercial real estate market in certain areas of the country has reached its near-term peak," T-Rex CEO Thomas M. Mulroy says of the firm's recent disposition. "When the federal government expressed interest in acquiring this property several weeks ago, we felt it was an appropriate time to sell.”

http://www.globest.com/news/312_312/washington/135566-1.html

 

Cable Company Expands by 41,600 SF

by Barbra Murray
GlobeSt.com
Last updated: June 20, 2005 12:07pm

HERNDON, VA-Northridge I, the 124,000-sf office building at 13221 Woodland Park Rd., has added a new name to its tenant roster with Time Warner Cable's recent signing of a lease for about 41,600 sf of space. Until earlier this year, the entire six-story building was home to the headquarters of Sprint's Government Systems Division.

For Time Warner, the deal represents an expansion in the area, as the company already occupies space in the 132,000-sf Northridge II located next door at 13241 Woodland Park Rd. The details of Time Warner's lease agreement with property owner Equity Office were unavailable. However, space at Northridge I is marketed through Equity Office director of leasing Jackie Connell at approximately $25 per sf. Time Warner was represented by CB Richard Ellis's Meredith LaPier.

http://www.globest.com/news/309_309/washington/135413-1.html

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