Thursday, September 27, 2012

Morning Real Estate Fix


Suburban Office Parks Faltering (Architect Magazine)  As corporations migrate toward the cities and spaces workers want to be, remote corporate office parks are under pressure, generating creative solutions from planners.

Pace of new homes sales steady in August (National Assn. of Home Builders) The upscale pace set in July was maintained last month as well, setting their highest pace in 2 years, though builders still see thin margins in housing inventory.

Greyhound bus station closes doors as it moves to Union Station (Washington Post)  The end of an era, of sorts, as the station that nobody loves closes and makes way for redevelopment.  Don't mourn, you never went there anyway.

Federal government chooses contractor for Washington Monument repairs (Washington Post)  A team led by Tutor Perini Management Services Group won the $9.6m contract to repair damage from last year's earthquake.  The same team was responsible for the 1998 restoration.

Bethesda contractor sued after DC construction dig goes bad (Fox 5)  SGA Companies' 9-unit condo project on Florida Avenue leads family to abandon neighboring home and sue after construction pit endangers home.

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