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BIG YEAR FOR BRAC CONSTRUCTION

By
Commercial Real Estate Agent with Paul Johnson and Associates

With $390M available for BRAC construction contracts it is possilbe to see more cities in Texas receiving the jobs. 

- Erik

BIG YEAR FOR BRAC CONSTRUCTION

SAN ANTONIO (San Antonio Express-News) - The Defense Base Closure and Realignment Commission's (BRAC) Joint Program Management Office has awarded a $26.4 million contract to Minneapolis-based Mortenson Construction for a 168,000-sf administration building at Fort Sam Houston.

This is the first major BRAC-related construction contract in 2010, but the management office plans to award 23 more contracts worth nearly $390 million this year. BRAC construction has brought $2 billion in construction contracts to San Antonio since 2007.

The administration building will serve as the headquarters for the Army's Installation Management Command. The command will bring about 2,000 civilian and military jobs to San Antonio, all to be housed in the new building and four historic buildings that surround the future headquarters.

Contracts for a $700,000 parking lot and a $6.7 million instructional facility at Fort Sam Houston were also awarded this week.

BRAC construction is still expected to be completed in 2011, bringing about 8,500 civilian and military positions to the area.

The end of September will bring over 20 facilities on line at San Antonio's military installations and, with it, job openings.

Posted by

Erik Johnson, CCIM
Paul Johnson & Associates
4633 South 14th
Abilene, TX 79605
325 698-5661 office
325 692-8508 fax
325 439-0186 mobile
Erik@PaulJohnsonRealtors.com  
www.pauljohnsonrealtors.com