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Military Offers Opportunities | Military bases, Base Realignment and Closure, BRAC, redevelopment opportunities, developments, master-planned communities, architects, safety and environmental considerations, local construction companies, REIT, redevelopment authority, former military base, residential portions, homebuilder, former naval base, master-planned mixed-use community, Armed Forces Reserve Center Complex

 
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MILITARY BASES OFFER SURPLUS OF OPPORTUNITIES

Military bases affected by the government’s Base Realignment and Closure (BRAC) program spur an overabundance of redevelopment opportunities.  Due to the sheer size of the former bases, developments that sprout on such sites are often master-planned communities.  This bodes well for architects familiar with the safety and environmental considerations required by such projects, as well as for local construction companies that have been seeing little work since the recession began.  A REIT and a Developer tackle a massive 468-acre project in Ala., while the Redevelopment Authority oversees the redevelopment of a former military base in  Ind., and brings onboard a Developer and a Developer for the residential portions.  A Homebuilder and a Real Estate Investor team up to transform San Francisco’s Historic location from a former Naval base into a master-planned mixed-use community with residences, shops, hotels and parks.  Also keep an eye on a city in Iowa, where a Developer will develop a $41M Armed Forces Reserve Center Complex.

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architects, Armed Forces Reserve Center Complex, Base Realignment and Closure, BRAC, developments, former military base, former naval base, homebuilder, local construction companies, master-planned communities, master-planned mixed-use community, Military bases, redevelopment authority, redevelopment opportunities, REIT, residential portions, safety and environmental considerations

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