Actus Lend Lease
In late August, Tierra Vista held a ribbon cutting ceremony to officially open the first ever, on base homes for Military Families here. Families began moving in that same day and Tierra Vista Communities at Schriever continues to grow.
Since the event, Actus Lend Lease has delivered 24 brand new three and four-bedroom Company Grade Officer (CGO) homes. Currently, nine families have moved to Tierra Vista here, and another 10 are expected to move-in within the next two to three weeks.
The first Junior Noncommissioned Officer (JNCO) homes are also near completion here. Families will begin moving in to these brand new homes starting Oct. 26, 2009. Both locations will be delivering eight new homes a week until the end of the initial development period.
About Tierra Vista Communities At Schriever AFB
Actus Lend Lease broke ground for Tierra Vista Communities at Schriever in May 2008, with the first new homes delivered late August, 2009. Once completed, the new on base community will feature 242 brand new, energy-efficient three and four bedroom homes for Airmen of all ranks, along with a host of community amenities including a state-of-the-art community center with indoor pool.
The new homes of Tierra Vista Communities here will be 20-40% larger than many of the existing homes Airmen have been living in for years and include a variety of upgrades including state-of-the-art energy efficient appliances, spacious kitchens with islands, increased storage space, roomy master bedroom suites, home office space with technology niches, and covered porches for integrated indoor/outdoor living. Homes will range from 1,638 square feet to 4,000 square feet and include a minimum of three bedrooms.
Completion on all new homes is expected in 2010. Tierra Vista Communities will continue to develop, build, renovate, finance, and maintain the homes until 2057.
About Tierra Vista Communities
Tierra Vista Communities is a 50-year partnership created between the Department of the Air Force and Actus Lend Lease through the Military Housing Privatization Initiative (MHPI). Development commenced at Tierra Vista in 2008 with completion by 2013. Excelling at large, complex development projects, Actus Lend Lease works with institutional owners to create value and deliver exceptional returns. With more than 40,000 homes in its portfolio, Actus Land Lease has created and built sustainable, integrated communities on some of the nation’s largest military bases. Among these are: Army Hawaii, Oahu, Hawaii; Parris Island, South Carolina; Fort Hood, Texas; Camp Lejeune, North Carolina; Hickam Air Force Base, Oahu, Hawaii and Fort Drum, New York; Holloman AFB, New Mexico; Davis-Monthan AFB, Arizona; Los Angeles AFB, California; Peterson AFB and Schriever AFB, Colorado; and Fort Wainwright and Fort Greely, Alaska. Actus, part of Lend Lease America, is a subsidiary of the Lend Lease global family, which includes Bovis and Delfin Lend Lease. Actus Lend Lease is headquartered in Nashville, TN. Actus Lend Lease employs more than 700 people nationwide.