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Posts Tagged ‘defense real estate’

Lend Lease to Convert Ft. Knox Neighborhood to Energy-Efficient Light Bulbs

  • September 5, 2012
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The Oak Park neighborhood at Fort Knox, Ky., will become the largest residential LED community in the world after Lend Lease replaces the lighting in 164 homes with energy-efficient light bulbs, the developer announced Wednesday. Lend Lease, the Army’s family housing privatization partner at Fort Knox, will work with PolyBrite International to install more than 9,500 Borealis LED light bulbs in the neighborhood by the end of October. The retrofit is expected to reduce the community’s annual energy costs by $34,000 …

In Wake of 2010 Tornado, Replacement Housing at Ft. Leonard Wood includes Safe Rooms

  • August 30, 2012
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Fort Leonard Wood officials plan to hold a ribbon cutting in November for up to 20 homes built to replace those demolished by a tornado that struck central Missouri on the last day of 2010. Each of the new homes — part of Balfour Beatty Communities’ privatized housing project at Leonard Wood — will have a safe room capable of withstanding a 250-mile-per-hour, three-second burst of wind along with the impact of a 15-pound, two-by-four piece of wood moving at 100 miles per hour horizontally …

Illinois Law Ensures Fairness in Taxing Military Housing Projects

  • August 29, 2012
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The owner of privatized housing at Scott Air Force Base will be required to pay property taxes after Illinois Gov. Pat Quinn (D) signed legislation earlier this month correcting a discrepancy in how housing at Scott and Great Lakes Naval Station were treated for tax purposes. The existing statute only obligated the leaseholder of naval housing to pay property taxes, reported Herald Publications. The superintendent of a school district neighboring Scott AFB said the measure would allow its schools to obtain the necessary financial support to maintain their stellar reputation. “Passing this legislation means we will continue to be able to provide a first-class educational experience for all students in District 19, including the 58 percent of students in our district as a result of the federal presence of Scott AFB,” said District 19 Superintendent Craig Fiegel.

EUL at Aberdeen Proving Ground Approaches 12 Completed Buildings

  • August 22, 2012
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St. John Properties expects to have completed 12 office and R&D buildings at Aberdeen Proving Ground early next year, after breaking ground on two new office buildings at its Government and Technology Enterprise (GATE) project. At that point, the Baltimore-based developer will have constructed more than 640,000 square feet of space in the past three years at the 416-acre enhanced use leasing project …

Republican Lawmakers Press Case to Streamline Federal Property Disposal

  • August 9, 2012
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A House panel held a field hearing this week at an empty federal courthouse in Miami to publicize their campaign to ease the process for the federal government to shed excess properties. The hearing — led by Transportation and Infrastructure Committee Chairman John Mica (R-Fla.) and Economic Development, Public Buildings and Emergency Management Subcommittee Chairman Jeff Denham (R-Calif.) — was held at the 79-year-old Dyer Courthouse, which has been vacant since 2007 when a new courthouse was completed across the street. The 179,000-square-foot courthouse costs taxpayers $1.2 million a year to maintain …

EUL Program Helps Air Force Cope with Budget Cuts

  • August 7, 2012
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While relying on the enhanced use leasing program to generate much-needed revenue during a period of austere budgeting, the Air Force has learned a handful of lessons about extracting maximum value from its property holdings, according to a commentary by Brian Brown, chief of the strategic asset utilization division at the Air Force Real Property Agency, in Federal Times. “We challenge every process assumption, every requirement, every ‘way we’ve always done it’ approach” to move projects to market more quickly, Brown writes …

Hunt’s Ford Island Redevelopment Highlights Value in Public-Private Partnership

  • August 2, 2012
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A unique public-private partnership between the U.S. Navy and Ford Island Properties LLC — a joint venture between an affiliate of Hunt Companies and Fluor Federal Services — enabled the service to revitalize and upgrade the infrastructure on Ford Island and turn it into a center of historic naval activity in Hawaii. The project fulfilled the Navy’s goal to boost economic development in the area and develop on-island housing for military personnel, all without using taxpayers’ dollars or congressional appropriations. Steve Colón, president of Hunt’s Hawaii development division, was the leading force behind the effort …

Plan to Develop Parcel at Saufley Field under EUL Program Runs into Hurdle

  • July 30, 2012
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The Navy’s plans for a developer to turn 104 acres at Saufley Field into a research/business park under the enhanced use leasing program appears to be stopped in its tracks due to the cost of moving several facilities to nearby Naval Air Station Pensacola on the Florida Panhandle. The Navy had selected DCK Worldwide to develop the parcel, but as the two parties began negotiating a development plan, the project ran into problems, reported the Pensacola News Journal …

Picerne Dives into College Housing Market

  • July 25, 2012
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Picerne Military Housing, which has developed and managed family housing at seven Army installations, is expanding into the college housing market, the company announced this week. “Faced with dwindling endowments and rising infrastructure costs, many schools have simply not been able to keep up with deferred maintenance, let alone pursue modernization. We believe we have a truly innovative housing solution that will allow schools to substantially improve living and learning environments for their students and will allow them to focus on their core mission of education …

Army Chronicles Housing Privatization Initiative

  • July 24, 2012
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The Army has published a history of its Residential Communities Initiative, the effort to leverage the resources of the private sector to upgrade the service’s dilapidated inventory of family housing. At a Pentagon ceremony last week, the Army launched the book, “Privatizing Military Family Housing: A History of the U.S. Army’s Residential Communities Initiative, 1995-2010,” and honored numerous officials — including past assistant secretaries for installations and environment, as well as leaders and staff from the offices of the Army secretariat, the assistant chief of staff for installation management and Installation Management Command — who played a role in leading the successful privatization initiative …

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