Fort Belvoir BRAC-The Earth is Moving in Northern Virginia

By
Real Estate Agent with Integrity Real Estate Group

Fort Belvoir DeWitt Hospital ConstructionEven though the deadline for the completion of the move of upwards of 21,000 jobs in Northern Virginia is still 2 years away the evidence of the upcoming changes can be seen.

At the Army Engineering Proving Grounds in Springfield the new headquarters for the National Geospatial-Intelligence Agency is rising on the horizon.  The Engineering Proving grounds are considered "New Campus East" and the cost of the building and infrastructure will top $1.7 Billion.  When the project is done the NGA will consolidate an estimated 8,500 employees in one location.

Just down the road at Fort Belvoir the new DeWitt Hospital is underway.  The new DeWitt will not be a single building but a complex.  Featuring state of the art technology eliminating the need for hand carrying of medical records from one facility to another, top of the line clinic services and more inpatient services the hospital will rival any top of the line private hospital. 

BRAC The Earth is Moving in Northern VirginiaIn Alexandria ground has broken at the Mark Center for the buildings to accommodate the remaining "BRAC 133", a consolidation of a number of Defense Department level positions.  In total an expected 6,400 jobs will move to the area at the intersection of I-395 and Seminary Road.  Originally scheduled to be at either Fort Belvoir or at government property at the Springfield Metro it was decided that the impact on traffic in the area would not accommodate the additional jobs.

Even though all of these jobs are shifting under Fort Belvoir as part of BRAC it does not mean that there are going to be 21,000 new arrivals to the area.  In fact approximately 96% of the incoming jobs are held by personnel already stationed in the area.  There may be some who need to make a change in their residence but for the most part the housing market will not see a significantly influx of new home buyers due to BRAC.

The influx of personnel to the area is putting a new face on Fort Belvoir and the surrounding area.  Watching it all unfold to meet the imposed Fall 2011 deadline will be interesting. 

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                                   Real People*Real Lives*Real Estate

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

Military Relocation Specialist serving military families relocating to and from the Pentagon, Fort Belvoir, Quantico MCB and all of the Military District of Washington installations. 

Military Relocation Professional


Check out www.varealestatetalk.com and www.cjrealtygroup.com for more information.

Integrity Real Estate Group
 
Real People*Real Life*Real Estate

Licensed in the Commonwealth of Virginia



 

 

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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Interesting.  I never believed that BRAC would bring many new jobs to the area.  The charts always indicated a high number of reassigned local, not new hired or transferred.

But, hope springs eternal and we have gotten a few.  They are wonderful buyers.

 

Mar 26, 2009 10:49 AM #1
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Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

Hello Cindy,
Interesting--good for the construction business in the area.

Mar 26, 2009 10:18 PM #2
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Chris & Maria Skrip
RE/MAX 1st Advantage - Beaufort, SC
Beaufort, Bluffton, Hilton Head, Sun City SC

Wow, that is some exceptional growth!

Mar 27, 2009 01:40 AM #3
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Lenn-there has been a misperception that BRAC was bringing 20,000+ new jobs to the area.  When as we both know most of the positions are already here it is just a reassignment from locations around the area.

Mar 27, 2009 01:36 PM #4
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Cynthia-yes the earth movers are hard at work with all of the construction contracts.

Mar 27, 2009 01:36 PM #5
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Chris and Maria- a lot of construction and movement of organizations throughout the area.

Mar 27, 2009 01:37 PM #6
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