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Posts Tagged ‘defense real estate’

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 …

Energy Developer Creates Fund to Invest in Community-Military Partnerships

  • July 19, 2012
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San Antonio-based Infinity Development Partners is creating a fund to invest in public-public partnerships to provide financing for communities interested in partnering with federal facilities, such as military installations. The fund, Sustainable Community Investments, initially will focus on economic development projects — including energy, infrastructure and commercial development — that bring together community organizations such as local governments, universities and economic development agencies with DOD and other federal complexes …

SolarCity Joins with Lend Lease on Second Phase of Housing Initiative

  • July 17, 2012
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San Mateo, Calif.-based SolarCity and Lend Lease are collaborating to provide solar energy to more than 850 military residences at Air Force communities in California and Colorado Springs, the companies announced Tuesday. The partnership represents the second phase of SolarCity’s ambitious five-year, $1 billion plan to install solar systems on up to 120,000 units of privatized military housing …

Family Housing at Joint Base MDL Feels Like Home

  • July 16, 2012
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“This is not your parents’ military housing,” starts a New York Times article about the significant quality-of-life upgrade provided by the privatized family housing project at Joint Base McGuire-Dix-Lakehurst. Currently, 95 percent of the housing at the central New Jersey installation is occupied by service members and their families, with a waiting list of up to a year for some of the 106 detached homes. Project developer United Communities built 1,635 townhouses and detached homes, renovated 469 older homes and continues to renovate 176 other units …

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