image description

Posts Tagged ‘defense real estate’

Air Force Privatizes Water, Wastewater Utilities at Hill AFB

  • January 20, 2014
  • comments: 0

The Air Force has signed a $288 million, 50-year contract with American Water Operations and Maintenance to privatize the water distribution system and wastewater collection system at Hill AFB, Utah. The Voorhees, N.J.-based firm plans to invest approximately $3.6 million in the first three years to bring the systems up to industry standards. “Maintaining utility systems is no longer a core competency of the Air Force. Private industry does it day in and day out, so they can normally do it cheaper than we can …

Defense Bill Could Encourage Services’ Use of EUL Projects

  • December 19, 2013
  • comments: 0

House and Senate Armed Services committee leaders hashing out a compromise version of the fiscal 2014 defense authorization bill retained language allowing installation officials to use the proceeds from enhanced used leasing (EUL) projects to cover the administrative costs of launching and managing new projects, a move that could make it easier for the services to consider new projects. As a result, installation officials no longer would need to commit base support funding for administrative expenses associated with studying the feasibility of new EUL efforts and managing the acquisition process to select a developer …

Reported Savings from Federal Real Estate Initiatives Inconsistent, GAO Finds

  • December 11, 2013
  • comments: 0

Federal agencies did not consistently report cost savings from real estate initiatives taken in response to a June 2010 presidential memorandum intended to spur the disposal of excess property, improvements in energy efficiency and other space consolidation efforts, according to a Government Accountability Office (GAO) report released last week. Space management initiatives — including consolidating or eliminating leases that were not cost effective — accounted for the largest portion of the $3.8 billion in savings agencies reported through fiscal 2012 …

Lawmakers Encouraged about Prospect of Moving Legislation to Shed Federal Properties

  • December 8, 2013
  • comments: 0

A bipartisan push may be under way to enact legislation motivating the federal government to thin its portfolio of an estimated 14,000 unneeded properties. Multiple efforts since the beginning of 2011 to reform the process for federal property disposal have not advanced, but following a Capitol Hill roundtable last week featuring real estate experts and former federal officials, two lawmakers are eager to try again …

Lend Lease Hits Milestone for Community Development at Hickam Field

  • November 12, 2013
  • comments: 0

Lend Lease Hawaii plans to undertake $44 million in major renovations to family housing projects on Oahu after it completes intermediate renovations in 2016. The news follows the firm’s announcement Friday that it completed $800 million in planned community development on Hickam Field at Joint Base Pearl Harbor-Hickam, reported Pacific Business News. The Hickam Communities project included building more than 1,200 homes, renovating more than 1,000 existing homes and constructing numerous community amenities. Hickam Communities also installed solar arrays on the homes’ rooftops with a potential for generating 4 megawatts of power.

Air Force Selects Team for Energy EUL at New Jersey Base

  • November 7, 2013
  • comments: 0

The Air Force has selected the team of Starwood Siemens for an energy-based enhanced use lease (EUL) project at Joint Base McGuire-Dix-Lakehurst, N.J. Under the winning proposal — which includes lead developer Energy Management — three of six land parcels offered by the Air Force will be developed into various commercial energy ventures by a team made up of Starwood Energy Group, Siemens, Keenan Development Associates and CB&I, according to the Air Force Civil Engineer Center. Once lease term negotiations and environmental requirements are complete, the final lease document will be signed.

Carper, Coburn Point to GAO Report to Promote Bill Streamlining Property Disposal

  • October 27, 2013
  • comments: 0

The chairman and the ranking member of the Senate Homeland Security and Governmental Affairs Committee underscored the findings of a new Government Accountability Office (GAO) report on the leasing of federal facilities to promote legislation intended to jump start the disposal of surplus buildings by the federal government. The GAO report calls on the General Services Administration (GSA) to improve how it operates leasing and capital planning programs by providing greater transparency and better management of high-value leases …

Grand Forks AFB to Sign EUL with County for UAS Technology Park

  • October 20, 2013
  • comments: 0

The Air Force will sign an enhanced use lease (EUL) with Grand Forks County for the development of a business and technology park at Grand Forks Air Force Base designed to advance the development of unmanned aerial systems (UAS), North Dakota’s congressional delegation announced last week. The county is partnering with the Grand Forks Base Realignment Impact Committee and the Center for Innovation Foundation. Officials plan to sign the lease for the Grand Sky development, which will cover 217 acres, in December …

Judge Green Lights Lawsuits Alleging Mold in Military Housing

  • October 1, 2013
  • comments: 0

A group of lawsuits claiming that mold in housing at three installations in southeastern Virginia is responsible for a variety of illnesses can proceed in federal court, a judge ruled last week. The ruling applies to cases filed by 11 plaintiffs covering residences managed by Lincoln Military Housing at Naval Station Norfolk, Joint Expeditionary Base Little Creek-Fort Story and Joint Base Langley-Eustis …

Corvias Closes on Continental Group of Air Force Bases

  • September 15, 2013
  • comments: 0

Corvias Military Living assumed responsibility earlier this month for the development and management of family housing at six Air Force bases in a 50-year transaction involving more than 4,000 existing homes. The privatization project, valued at $455 million in total development costs, will provide new and renovated housing for 3,840 military families using only $87.2 million in government funding …

Array ( )