Posts Tagged ‘enhanced use leasing’

Air Force officials are creating a single process for acquiring renewable energy at the service’s installations that will be used for enhanced use leasing projects as well as those that rely on power purchase agreements. The streamlining effort came out of a recent event which brought together representatives from major commands, the service’s installations and energy office, and the newly formed Air Force Civil Engineer Center in San Antonio. “EULs and PPAs previously had separate, complex processes for execution and sometimes the lines were blurred between the two …

The Emerald Breeze Resort Group acquired financing this week to construct a $25 million, 152-room Holiday Inn resort hotel in Fort Walton Beach on the Florida Panhandle. The Okaloosa Island project lies on Eglin Air Force Base property and is being developed under an enhanced use lease (EUL). Emerald Breeze Resort Group is a partnership between Gulf Coast-based Innisfree Hotels and the Poarch Band of Creek Indians. The general contractor and co-developer on the project is dck North America …

The Air Force is requesting qualifications from companies interested in leasing a combined heat and power plant at Clear Air Force Station, Alaska. The 22.5-megawatt coal power plant at the central Alaska facility is running below capacity and has the potential to generate more power than is needed for the installation, according to the Air Force Civil Engineer Center. If the plant was operated under an enhanced use lease, the excess power could be sold to the Alaska power grid, improving energy security for the area …

After more than a year of wrangling, the New Orleans Federal Alliance and the board of the Algiers Development District appear to have come to an agreement over how they will jointly manage the Federal City project, a public-private development located at the former Naval Support Activity New Orleans. On Sunday, the alliance signed a cooperative endeavor agreement that outlines how the two groups will share responsibility for managing the project …

The newly launched Air Force Civil Engineer Center will help centralize, standardize and streamline the service’s core civil engineering activities, Air Force Civil Engineer Maj. Gen. Timothy Byers said Monday during the field operating agency’s activation ceremony at the former Kelly AFB in San Antonio. “From the major commands to the installations, civil engineers will take a more focused and centralized approach to installation management that prioritizes requirements across the service, aligns our scarce resources with the Air Force’s highest priorities, and minimizes the risk to airmen and the mission …

The Air Force and EDF Renewable Energy, formerly enXco, have begun negotiations to lease 195 acres at Travis Air Force Base, Calif., for solar energy development, following the company’s selection as the highest-ranked offeror for an enhanced use leasing project, officials announced last week. The project calls for San Diego-based EDF Renewable Energy, the U.S. subsidiary of EDF-Energies Nouvelles, to develop up to 27 megawatts of solar power capacity at the northern California base. “The Travis project is one of several renewable energy EULs in development that will help the Air Force meet its energy goals, and provide power for local community use,” said Kathleen Ferguson, deputy assistant secretary for installations.

The Navy has terminated ongoing negotiations with a developer over an enhanced use lease that would have turned 104 acres at Saufley Field into a research/business park due to the cost of moving several facilities to nearby Naval Air Station Pensacola on the Florida Panhandle. The Navy would need to move three commands at Saufley, an effort which would require costly renovation of buildings at the naval air station, for the effort to go ahead …

The Veterans Affairs Medical Center in west Los Angeles has generated at least $28 million in rental income over the last dozen years from a variety of enterprises unrelated to helping veterans, including a baseball stadium for UCLA and a laundry facility for Marriott Hotels, reports NPR. The 400-acre medical center is able to skirt legislation preventing it from leasing property by “sharing” it, according to NPR, which estimated its rental income could be even higher than $40 million …

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 …

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 …