Shapiro, Lifschitz & Schram

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Mike Hubert – President, Glen Construction Company

Full steam ahead: Why transit hub development is seeing a resurgence

The following article segment originally appeared in Construction Dive on February 23, 2017. To read the full article click here.

Major hubs like Union Station in Washington, DC, Pennsylvania Station in New York City and 30th Street Station in Philadelphia are taking stock and ordering up hundreds of millions — if not billions — of dollars in facelifts not only to expand traveler capacity, but to look good doing it.

The drivers behind these transformations include a desire to entice people to come by and check out their dining, drinking, retail and event offerings — whether they’re traveling or not — as well as to give commuters a reason to stick around rather than just passing through.

There’s a spate of new transit hub construction happening in the U.S., and the resulting work in both the traditional rail and light rail station segments have something in common: their potential to spur development and convert the old-time train station into a destination itself.

Changing perceptions 

People regularly travel through these transit hubs for work without stopping or thinking about how they impact the structures, but they are nevertheless assisting in their wear and tear, according to real estate attorney B.A. Spignardo of Shapiro Lifschitz & Schram in Washington, DC.

"Many of these buildings are incredibly old with amazing architecture to preserve, but [the stations] are dealing with the ebb and flow of travel," she said.

Redeveloping and changing the perception of these transit hubs, Spignardo noted, will draw in people to shop and socialize even when they’re not taking a trip, as well as give everyday passengers an excuse to stop and eat or have a drink with friends or colleagues instead of continuing to their next destination right away.

"It’s a way to [achieve] balance and attract people during off hours and use the structures that exist, which are an attraction in themselves," she said.

 

The complete article can be found on the Construction Dive website here.

Found In: Articles, Construction

Did You Know . . .

Members of the SLS trial group have tried in excess of 50 jury trials and 75 bench trials?

The SLS construction group has worked on sports stadiums across the country including Orioles Park in Baltimore and Paul Brown Stadium in Cincinnati?

The SLS construction group has worked on power plant projects across the country?

In 2007 SLS was selected for an Honorable Mention as one of the Best Places To Work in Washington DC?

Ron Shapiro, Steve Schram and Judd Lifschitz have all been selected as SuperLawyers by Law and Politics?

The SLS office building is an historic townhouse constructed in the late 1800s?

SLS has been selected by Martindale-Hubbell as a Preeminent Law Firm?

SLS trial lawyers have argued appeals in the U.S. Circuit Courts of Appeal for the 4th, 5th, 9th, D.C. and Federal Circuit?

SLS trial lawyers have been lead trial counsel in cases in Arizona, California, District of Columbia, Florida, Louisiana, Maryland, New Jersey, New York, North Carolina, Oregon, Texas, and Virginia, - to name just a few?

Virtually all the cases that SLS trial lawyers mediated have been favorably settled at mediation?

The transactional group at SLS was lead counsel on one of the largest, most complex mixed-use projects in downtown Washington, DC involving 4 lenders and 6 property owners?

In appreciation for the outstanding efforts of each of its employees during 2007, SLS gave everyone (attorneys, paralegals, and staff) a 4 day/3 night expense paid trip to Key West, Florida?

The transactional group at SLS has represented tenants in more than 200 retail leases in the Mid-Atlantic region?

Every attorney in the transactional group at SLS has at least 15 years experience?

The transactional group at SLS has represented developers in the purchase, construction, financing and/or sale of more than 75 multi-family apartment projects?

The transactional group at SLS has represented real estate investors and developers with respect to property in Pennsylvania, West Virginia, Delaware, Maryland, the District of Columbia, Virginia, North Carolina, South Carolina, Georgia, Florida, Texas, Tennessee, Michigan and the U.S. Virginia Islands?

Attorneys in the transactional group at SLS have represented eight national banks in commercial real estate loans?

Attorneys in the transactional group at SLS have represented the FDIC, the Resolution Trust Corporation and several banking institutions in loan workout transactions throughout the Mid-Atlantic region?

The transactional group at SLS has represented homebuilders and commercial real estate developers in work-outs of individual loans and also for work-outs of large portfolios involving dozens of properties in several states?

The trial lawyers of SLS have numerous reported decisions to their credit?