Lockheed Contract to Kickstart Real Estate Market

From the Galveston County Daily News – A day after Lockheed Martin won the bid to build NASA’s next-generation spacecraft, Orion, intriguing real estate speculation began orbiting.

The work to build the shuttle’s successor is expected to create about 1,100 jobs. Numbers fluctuate, but Lockheed Martin Space Operations has more than 1,000 employees in the region and offices at 2625 Bay Area Blvd. Word has it that a new office to house all the new workers is being planned on the site of the recently demolished Clarion Hotel, 1301 NASA Road 1.

Ultimately, NASA is expected to spend $8 billion to build Orion.

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