Construction of the first building in the 70-acre Edmond Business
Park took a major step forward as workers erected the tilt-up walls
and began installing interior supports of the Art Deco-style flex
The building at the northeast corner of NW 122nd Street and
Broadway Extension in Oklahoma City is part of a much larger planned
business park by developers Nicholas J. Preftakes, president of
Precor Realty Advisors, and Mark Ruffin of Mark Ruffin Co. LLC.
When completed, the Art Deco-inspired mixed-use development will
include multiple buildings that offer everything from showroom/
warehouse space, to retail and office space.
Preftakes has said the first phase of the development on about 17
acres of the property will be known as "design market at Edmond
Business Park." The first phase will include two showroom/warehouse
buildings along the Broadway Extension.
The first building to be erected is an 88,500-square-foot
showroom warehouse. The property will have 24-foot clear height and
both dock-high and grade-level access.
Construction of the first building should be completed by late
June, developers have said.
The U.S. Army selected a consortium led by GMH Military Housing
LLC of Philadelphia and Atkins Benham Constructors of Oklahoma City
to design, build and maintain new military housing at Walter Reed
Army Medical Center in Washington, D.C., Atkins officials said this
The $184 million contract is the second 50-year Army housing
contract the consortium has received in 2003.
Atkins said that under the new contract, the consortium will
build an undetermined number of housing units. The exact
configurations - quadraplexes, duplexes, or single-family detached
homes with garages - has not been determined.
In addition to the housing, the consortium will design and build
new community and recreational facilities on the base.
Besides GMH and Atkins, the third member of the consortium is
Centex Construction Group based in Dallas.
Construction under the new contract is tentatively scheduled to
begin in April 2004.
Atkins earlier this year announced that that GMH and its partners
were picked for a new $2 billion family housing program at Fort
Stewart and Hunter Army Airfield in southeast Georgia, home of the
Third Infantry Division. The initial $463 million construction
program includes 3,500 new and renovated family housing units.
Walter Reed is part of the Army's Residential Communities
Initiative, a military and private sector partnership designed to
improve the quality of life for soldiers and their families.
The Army has identified 28 of the Army's 63 major U.S.
installations for participation in the program. The Army estimated
that roughly 70 percent of its 85,000 family housing units need
immediate replacement or renovations.
Through RCI, the Army partners with a private developer to build,
manage, and maintain family housing on military installations during
a 50-year period.
The developers provide the capital and expertise, and the Army
conveys the housing to the developers and provides a long-term lease
on the land. The developer receives the Basic Allowance for Housing
for soldiers living in the units. …