There is a large amount of family owned real estate development giants in Washington D.C. Some of the top developers have worked on property development for the government. Real estate developers and chaiir man elect Frank Haney have a reputation for meeting government guidelines and standards. This may require them to work on the existing government buildings’ efficiency, water conservation, energy efficiency, civic amenities, insulation and appliances, the proximity of the structures’, design strategies and public transportation.
Any real estate development company that handles government buildings must be heavily screened before entering into any government contract. They are required to abide by strict regulations and policies that will ensure the safety of the public. The following is a list of some of the most respected, family owned real estate companies that handle the development of government buildings.
* Frank Haney Company
Founded in 1967, this real estate development company has a portfolio worth over $10 billion. One of their biggest projects was The Portals Office Complex, which is home to the Federal Communication Commission. Located in Southwest D.C., the complex has 125,000 square feet of restaurant and retail space, a 400 room hotel and 1.8 million square feet of office space.
* Clark Construction
This developer is known as one of the most prominent construction companies in the United States. Clark Construction was handpicked to build the new headquarters for the US Coast Guard. This is one of many federal commercial buildings that have been built by this family owned company.
* Tower Companies
The founder of Tower Companies Albert Abramson, was the chair of the development committee that helped build the US Holocaust Museum. Several presidents took office over from the start of the idea to its finished product. Such presidents were: Jimmy Carter, Ronald Reagan and Bill Clinton. The Dalai Lama was the first ever visitor of the US Holocaust Museum when it opened. Oscar nominated actor Tom Cruise also has visited the museum.
* Buchanan Partners
The experts in commercial and residential real estate that use certified green initiatives. Buchanan Partners is one of the biggest developers in Washington D.C. They have acquired and developed buildings in over 11 areas around Metropolitan D.C. Meritage Properties along with Buchanan Partners acquired a 5-story building located in Capitol Hill. Since 2003, the building has been the home to a FAA contract for the US air traffic control system and is leased by TASC. The property is still managed to this day by Buchanan Partners on behalf of the owner.