Since January, 2003
            
 (a random before-and-after moment)
June 10, 2012
July 17, 2016
2nd (West) at M, Looking Southwest (see more)

Yesterday it was announced that Florida Rock Industries was acquired by Vulcan Materials for $4.6 billion in cash and stock (h/t to reader Mark). Like all good citizens of the 21st Century, my initial reaction was "Very nice, but how does this affect ME?" The Florida Rock property along the Anacostia River is actually owned by FRP Development (aka Florida Rock Properties, not the company just acquired by Vulcan) which is a subsidary not of Florida Rock Industries, but Patriot Transportation Holding Inc. Whaaa? Here's how it shakes out, according to the Patriot company profile at Reuters: "Florida Rock Properties, Inc. owns real estate, of which a substantial portion is under mining royalty agreements or leased to Florida Rock Industries, Inc. (FRI), a related party." You can get a feel for how these separate-but-related companies are intertwined by reading these transactions summaries. But to go back to the original question, of how the Vulcan Materials acqusition of FRI might impact the Anacostia riverfront Florida Rock project--I have no idea, but will watch for tidbits and hints.
UPDATE: I would have hoped this went without saying--no, this story is NOT reporting that the Florida Rock site across from the stadium was sold for $4.6 billion. It's a story about big companies acquiring other big companies. And that one of those big companies has interests in a site in Near Southeast.
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