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Value of D.C. Construction Up 17 Percent in '86
[FINAL Edition]
The Washington Post (pre-1997 Fulltext) - Washington, D.C.
Date: Feb 21, 1987
Start Page: f.16
Section: REAL ESTATE

IN THE BUSINESS . . . Foster Brothers has started construction of Huntley Woods, a 106-house development in Prince William County. Huntley Woods is part of Westridge, a $200 million, 475-acre project . . . The Northern Virginia Board of Realtors and Arthur Young Production Center in Reston are producing a six-part television series with a mix of real estate news. It will air in April . . . Evergreen Development Associates Inc. has bought 11.5 acres at the intersection of Spring Street and Herndon Parkway in Herndon for development of the Enterprise Office Park. The site will include three buildings with 270,000 square feet of space . . . The old D.C. Fire Department stables at 410 8th St. NW, built in the 1890s, are being renovated by Harvey Construction Co. into a six-story, 44,000-square-foot exhibition hall and artists center . . . A total of 84,106 homes were sold in Virginia last year, the highest total ever, according to the Virginia Association of Realtors, and up from the 1985 figure of 67,777 . . . The Federal Home Loan Mortgage Corp. (Freddie Mac) bought $103 billion worth of mortgages last year, more than double its 1985 total . . . Capitol Properties Inc. has bought three properties in Loudoun County. Two of them are for investment purposes and total 240 acres on Rte. 643. The other is on Sterling Boulevard at Davis Drive, where the firm plans to develop a 45,000-square-foot office building . . . Jerry Steinbaum, managing geneal partner of the Management Co. of Los Angeles, has been named 1987 Housing Man of the Year by the National Housing Conference based here . . . William B. Amonett, a local real estate broker and a former member and chairman of the Prince George's County Council, has been hired by the county's parks and recreation department as its land acquisition agent . . .

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