With the ground lease now in hand, Detrick Properties will develop the 24-acre parcel. Plans call for the construction of class A office, technology and research space as well as the retail, and hotel/conference component. There will also be a significant amount of green space with water features and pedestrian pathways to connect on- and off-post facilities.
Other participants in the project include the Landings Real Estate Group, which will provide development and management services; the design team of The Lessard Group, a Virginia-based architect; and engineering firm Greenehorne & O'Mara with hospitality operator Sodexho. Dick Corp. and Hunt Development Group have privatization and military construction experience for the Air Force, Navy and Army on other housing and EUL developments.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
