Centex Construction Awarded Two Class A Office Buildings in Downtown Washington, D.C.

FAIRFAX, Va. -- Centex Construction has received two contract awards to provide preconstruction and general contracting services for two Class A office buildings to be located in Washington, D.C.

1101 New York Avenue:

This upscale office building, to be located on New York Avenue between 11th and 12th Streets, will contain 517,590 gross square feet and 16 stories, including three levels of below-grade parking and one concourse level of office space. With a construction value over $50 million, the building will feature a two-story lobby, a distinctive curtainwall facade with floor-to-ceiling vision glass and high-end finishes throughout. Special features will include a fitness center and a rooftop terrace. Designed by Kevin Roche John Dinkeloo and Associates LLC, 1101 New York Avenue is designed to qualify for LEED (Leadership in Energy and Environmental Design) certification. Construction is slated for completion in December 2006. The project was awarded by Louis Dreyfus Property Group.

Republic Square:

To be located on 25 Massachusetts Ave., NW, this Class A speculative office building and parking garage will include 561,455 gross square feet throughout its 13 floors, four of which will be below grade. The design includes 10 floors of office space and three floors of parking. The exterior will feature architectural cast stone with precast cornices, a precast dome, punched strip windows, a two-story storefront and a fritted glass and bronze metal canopy at the main entrance. The parking garage will include 152,669 gross square feet to accommodate more than 370 vehicles. Devrouax & Purnell with Leo A Daly is the architect of the $40 million office building. Scheduled for completion in February 2006, this is the first phase of the two-phase Republic Square project. The project was awarded by Republic Properties Corporation.

With over 70 years of experience and leadership in the construction industry, Centex Construction provides general contracting, at-risk construction management, design-build, preconstruction and turnkey services. Centex Construction operates five full-service divisions headquartered in Fort Lauderdale, Washington, D.C., Charlotte, Nashville and Dallas. Each one is focused on providing local service to major markets across the United States. Centex Construction also operates a full-service Healthcare Group, headquartered in Nashville, which focuses exclusively on the unique building needs of the healthcare environment. Centex Construction is a subsidiary of Dallas-based Centex Corporation (NYSE:CTX), which is listed for the fifth year in a row as the nation's largest domestic general building contractor by Engineering News-Record magazine.

--Digital renderings available upon request.