Report on BRAC Impacts — With the Base Realignment and Closure Act-mandated relocation of Defense Department offices delayed, BRAC’s impact on Arlington County will be eased considerably, according to a new report from real estate services firm Jones Lang LaSalle. The report presents the drain of DoD offices from Crystal City and the Rosslyn-Ballston corridor as a chance for building owners to update and redevelop. “If anything, we see this as an opportunity for Arlington County -as a whole – to reinvent itself somewhat, to update older inventory, and to cement its place as the leading submarket in the Metro D.C. area,” the report said. [Citybizlist]
Wakefield Groundbreaking Scheduled — The public is invited to attend a groundbreaking for the new Wakefield High School next week. The groundbreaking will take place at 9:30 a.m. on Thursday, June 9, outside the Aquatics Center. Construction of the new 380,000 square foot building is expected to begin next month, with students expected to start using the building in the fall of 2013. [Arlington Public Schools]
