Firm closes on deal for air rights above Union Station

10/9/2006 |

Washington, D.C.-based real estate firm Akridge has closed on a $10 million deal for the air rights at Union Station, necessary for its ambitious $1 billion plan for a mixed-use development. The project, called Burnham Place at Union Station, will connect the rail station to a retail complex built on a platform built 20 feet over the rail yard.

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