KMD
LEADVILLE, Colo.ABC to Move to Capitol Hill
ARLINGTON, Va. — Associated Builders and Contractors (ABC) is moving its national office from Arlington, Va., to Washington, D.C. The organization signed an 11-year lease with First Potomac Realty Trust for 19,830 square feet of office space.
ABC will take up the entire second floor and one-third of the third floor in the 10-story building. The Washington office of OTJ Architects is designing the office space, while Falls Church, Va.-based Hitt Contracting is the general contractor. Both companies are ABC members.
Cost of Construction Materials Rise in May
For the seventh consecutive month, the price of construction materials and supplies increased in May, rising 0.7 percent, according to the producer price index report by the U.S. Labor Department.