FORT MEADE, MD—Corvias Military Living has opened Reece Crossings, an on-post apartment for junior single service members that the Army could use as a model for future developments.

That, at least, was the suggestion by Katherine Hammack, Assistant Secretary of the Army for Installations, at the complex's groundbreaking last year. "Partnerships, like that with [John] Picerne [company founder], will become critical in the future as we become more dependent on the private sector and the communities in which we have military bases," she said.

The 432-unit Reece Crossings apartments come fully furnished and have several amenities including weight lifting and fitness rooms, a cyber café, basketball and sand volleyball courts. Reece Crossings was designed to Silver LEED standards. Chief among the facility's appeal, though, is its location at the base so residents don't have to go searching for military-friendly amenities and services.

Residents started leasing units in March and some have moved in, Corvias reports.

Corvias Group launched in 1998 as Picerne Military Housing, a development and management company founded by John Picerne. A few years ago the Corvias Group expanded into student housing development, launching Corvias Campus Living division. Corvias actively manages 13 US government partnerships and additional private partnerships, raising capital for the construction and redevelopment of more than 12,000 acres in communities. As part of its partnership with the Army at Fort Meade, Corvias has executed $245 million worth of contracts with local businesses.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.