Milt Peterson, the legendary Greater Washington developer behind the likes of Fair Lakes, Burke Centre, National Harbor and downtown Silver Spring, has died. He was 85.
The founder of the Peterson Cos., likely to sit on the Mount Rushmore of D.C.-area real estate icons, passed away Wednesday morning of natural causes at his home, surrounded by family, a spokeswoman for the Fair Lakes-based real estate company said.
Peterson founded what would become Peterson Cos. on Oct. 21, 1965, when he bought a small subdivision in Vienna under the name Laurick Development Corp. and built, marketed and sold 15 houses.
