Plaza Construction Corporation Announces the Opening of Permanent Offices in the Metropolitan Washington DC Area

Washington DC – June 15, 2010 – New York City-based Plaza Construction Corporation announced today that it will open a permanent office in Arlington, Virginia on May 17. Located at 2200 Clarendon Boulevard, the office will be co-managed by Daniel L. Peyton and Michael J. Leavitt and serve projects in the Washington, DC Baltimore-metro areas.

Plaza first entered the Washington, DC market in 2002, acting as the Owner’s Representative for the construction of Station Place, a 1.5 million-square-foot private office development located adjacent to historic Union Station and co-developed/owned by New York City-based Fisher Brothers and Louis Dreyfus Property Group.  Plaza Construction Corporation is owned by members of the Fisher Family.

Immediately following Station Place, Plaza represented the Intrepid Fallen Heroes Fund in the construction of the National Intrepid Center of Excellence (NICoE) in Bethesda, Maryland opening this coming June.  The project is a 72,000-square-foot state-of-the-art rehabilitation hospital located on the grounds of the Naval Medical Center that will provide world-class rehabilitation services to members of the armed forces diagnosed with post-traumatic stress disorder and traumatic brain injuries.

“The opening of our new DC office underscores Plaza’s commitment to the region following the successful completion of Station Place as well as the forthcoming opening of NICoE, both of which served as entries to the marketplace.  We already have many more projects in the pipeline and are confident there will be a plethora of new business opportunities as the economy recovers,” said Richard Wood, President of Plaza Construction.

Daniel Peyton and Michael Leavitt, who combined have more than 50 years of industry experience, will be responsible for overseeing the growth and management of the office.  They have, separately, worked on such prestigious projects in the DC area as Midtown Reston Town Center, Pentagon Row and the Ritz Carlton, Inner Harbor.  Both Peyton and Leavitt are longtime local residents and active members of the Washington Building Congress, District of Columbia Building Industry Association, and other influential regional industry organizations.

“We are very excited to finally have a permanent base in the Washington DC metro area,” added Mr. Peyton. “We firmly believe that the Plaza owner/builder legacy for Fisher Brothers’ portfolio of projects will differentiate us in the DC market, based on our track record of building high quality projects tailored to suit both the public and private sectors.”

“Strategically, the metro DC area is a natural new market for us, after New York, Miami and Los Angeles,” noted Mr. Leavitt.  “We understand the logistics of doing business in this unique market where more than in any other urban setting, government projects are equally as important as corporate development.”

About Plaza Construction Corporation
Established in 1986, New York City-headquartered Plaza Construction provides construction management, general contracting, and project consulting services nationally.  Plaza is the sixth largest contractor in the New York region, with offices located in Los Angeles, Miami, Washington DC and New Jersey.  The company was ranked by Engineering News Record in 2008 number 51 out of the nation’s top 400 contractors with revenue in 2008 of $1.2 billion.

An industry leader in sustainability, Plaza has executed over $2 billion of LEED rated projects since 2005.  By combining its own construction expertise with its roots as a builder for its sister development firm, the company has earned a vaunted track record as an innovative executer with great attention to detail and cost resulting in delivery of high quality buildings. Given these strengths, Plaza offers an entirely different brand of development management service to its clients throughout the greater New York area in addition to its general contracting and construction management services.