Monday, March 10, 2008By KATHY JUMPER
Real Estate Editor
Northrop Grumman Corp.'s winning a $40 billion jet tanker contract was a ray of sunshine for a condominium-glutted resort market and the Eastern Shore, which has had more newly built homes than buyers.
Anybody with any money who is moving to Mobile will also come to the beach, according to Larry Wireman, developer of two luxury condo projects in Orange Beach: Caribe Resort and Turquoise Place, which starts closing its 173 units in May.
Northrop "is the best news I've heard in a long time. There will be so much industrial business built around Mobile, it will be unreal."
Click here to read the full article from the Mobile Press-Register.
