Balfour Beatty Communities Completes Initial Development Period for Military Family Housing at Fort Gordon

Army housing project consisting of 310 new homes, 577 renovated homes and community center completed ahead of schedule

NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities LLC, a subsidiary of Balfour Beatty Capital Group, Inc. and one of the leading Public-Private Partnership (PPP or P3) providers of housing, lifestyle and community solutions for members of the U.S. military and their families, recently announced the completion of 310 new homes and the renovation of 577 existing homes on schedule and on budget for its Fort Gordon housing project with the United States Department of the Army. The construction and renovation costs on this project totaled approximately $92M and close to 65% of that cost went back into the community through the purchase of local building supplies and the engagement of local subcontractors.

“Because of the tremendous teamwork between Balfour Beatty Communities and our Army partners, we are making a significant impact on the quality of life for those living at this installation.”

The construction and renovation of military housing at Fort Gordon completes a six-year initial development period that launched in 2006. The new construction, completed eight months ahead of schedule, brings the total number of homes managed and maintained by Balfour Beatty Communities at Fort Gordon to 1,080 units.

In addition to the new and renovated housing, Balfour Beatty Communities also constructed a 4,200 square foot community center featuring LifeWorks activity rooms, a fitness center, Internet café, and Community Corner. Other amenities developed and built for the project include playgrounds, bus stops and two Soldiers Homes to house residents displaced by work being performed in their homes, as well as warrior transition soldiers temporarily located at the installation.

“We are very proud of this project and our ability to offer a variety of both new and renovated housing options to the Soldiers and their families stationed at Fort Gordon,” stated Chris Williams, President, Balfour Beatty Communities. “Because of the tremendous teamwork between Balfour Beatty Communities and our Army partners, we are making a significant impact on the quality of life for those living at this installation.”

About Balfour Beatty Communities

Balfour Beatty Communities, LLC, a subsidiary of Balfour Beatty Capital Group, Inc., is responsible for the development, renovation, operation and management of military privatization housing projects for the U.S. Departments of the Army, Navy and Air Force. Setting the industry standard, the company is committed to sustainable business practices and is a leader in the military housing Public-Private Partnership (PPP or P3) industry, currently providing services to members of the U.S. military and their families residing at 48 military communities in 26 states and Washington D.C. For more information, visit balfourbeattycommunities.com.

About Balfour Beatty Capital Group

Balfour Beatty Capital Group, Inc. specializes in partnering with government entities and high performing public sector firms to implement their strategic plans through a Public-Private Partnership (PPP/P3) model. Through the Company’s divisions, Balfour Beatty Communities, LLC, Balfour Beatty Capital, Inc., and Balfour Beatty Campus Solutions, LLC, it is one of the leading providers of PPP projects in the United States with more than 1,100 employees nationwide. For more information, visit bbcgrp.com.

Balfour Beatty Capital Group is a part of Balfour Beatty plc, the largest UK-based international infrastructure group operating in professional services, construction services, support services and infrastructure investments, with a proud and successful history extending back 100 years.