$395M in Stimulus Funds to Downtown Construction Projects

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    NEWSLETTERS

    Stimulus money is keeping the construction business booming in D.C.

    $395 Million in Stimulus Spending to Downtown Construction Projects was originally published on Housing Complex on May. 01, 2009, at 1:32 pm
     

     

    Downtown D.C. is awash with future construction projects thanks to $395 million in stimulus spending. The General Services Administration (GSA) and the District Department of Transportation (DDOT) are planning on spending quite a bit of cash on green building modernization throughout the area, the Downtown Business Improvement District reports.

    The GSA received $5.6 billion to “help create jobs and restore economic growth across the country.” Of that, $1.2 billion is staying right here in Washington, and much of it will flow to our soon-to-be-more-energy-efficient “high-rises.” More info:

    “Two of the six DC buildings identified for major green building modernization are the:

    • Lafayette Building (Phase I), located at 811 Vermont Avenue, which will receive $128.8 million.
    • The Herbert C. Hoover Building (Phases II and III), 1401 Constitution Avenue, which is slated to receive $225.6 million. The Hoover building is also known as the US Department of Commerce building.

    Nine of the 16 DC buildings chosen for limited green building improvements in the Downtown BID area are:

    • Ronald Reagan Building & International Trade Center, 1300 Pennsylvania Avenue ($16.2 million)
    • US Tax Court, 400 2nd Street ($8.1 million)
    • Elijah Barrett Prettyman Federal Courthouse, 3rd Street and Constitution Avenue ($3.7 million)
    • 601 4th Street ($2.2 million)
    • US Secret Service Headquarters, 950 H Street ($1.6 million)
    • US Department of Veterans Affairs Building, 810 Vermont Avenue ($1.5 million)
    • Ariel Rios Federal Building, 1200 Pennsylvania Avenue ($1.3 million)”