GMH Secures $160M Army Housing Contract

The award was announced by the Newtown Square, PA-based firm. Company executives say the project is expected to have a five-year initial development period valued in excess of $160 million covering 628 housing units. The project will involve the development, management, construction, and renovation of homes and other ancillary facilities and amenities.

A company spokesperson says that program calls for GMH to build and eventually own and manage the housing for a 50-year period. She adds that the firm is now in the Community Management Development Plan Period where the Department of Defense, officials at West Point and the firm will outline the scope and specifics of the project. GMH hopes that the transaction will close by late fall 2007 with construction starting immediately after the deal is finalized.

"We are extremely honored to have been awarded this historic project, and look forward to providing high-quality housing communities to the military members and their families at West Point," says Bruce Robinson, president of the GMH military housing division.

Centex Construction Co. of Dallas will provide construction services for the project and Niles Bolton Associates of Atlanta has been retained for planning and architecture of the development.

GMH's military housing division currently operates 10 military housing privatization projects, and previously has partnered with the US Department of the Army for the military family housing privatization projects at Fort Stewart and Hunter Army Airfield, southeast Georgia; Walter Reed Army Medical Center, Washington, DC; Fort Detrick, Frederick, MD; Fort Hamilton, Brooklyn, NY; Fort Carson, Colorado Springs; Fort Gordon, Augusta, GA; Carlisle Barracks, Carlisle, PA; Picatinny Arsenal, Dover, NJ; Fort Eustis, Newport News, VA; Fort Story, Virginia Beach, VA; Fort Bliss, El Paso; and White Sands Missile Range, Las Cruces, NM.

The company has partnered with the US Department of the Navy for the Navy Northeast Region Project, covering eight Navy bases in Maine, Rhode Island, Connecticut, New York, and New Jersey; and with the Department of the Air Force for the Air Education and Training Command (AETC) Group, consisting of four Air Force bases located at Altus Air Force Base, Altus, OK Luke Air Force Base, Glendale, AZ; Sheppard Air Force Base, Wichita Falls, TX; and Tyndall Air Force Base, Panama City, FL.

On Feb. 26, GMH announced it had been selected by the Department of the Navy to enter into exclusive negotiations for the Southeast Region project covering 11 bases in South Carolina, Georgia, Florida, Mississippi and Texas. The initial six-year phase of the project has been valued in excess of $700 million.