Dick Corporation And Hunt Development Group Awarded A $250 Million 50 Year Enhance Use Lease Contract At Eglin Air Force Base In Florida
June 19, 2007
For more information contact:
Norman Fornella (412) 384-1158
Executive Vice President
Dick Corporation
Stephanie Sierra (915) 533-1122
Public Relations and Corporate Communication Manager
Hunt Administrative Services, LLC
June 19, 2007
Dick Corporation and Hunt Development Group Awarded a $250 Million 50 Year Enhance Use Lease Contract at Eglin Air Force Base in Florida
PITTSBURGH--(BUSINESS WIRE)--A joint venture between Dick Corporation and Hunt Development Group announced today the team known as Eglin Properties, LLC has been awarded a $250 million contract by the Department of Air Force. The award of the Enhanced Use Leasing (EUL) contract is for the design, development, financing, and construction of the Emerald Coast Technology and Research Center at the Eglin Air Force Base.
The project involves the ground lease of approximately 98 acres of land adjacent to the Eglin West Main Gate. Anchored by the University of Florida’s Research Education & Engineering Facility (REEF), the proposed development will include approximately 1.1 million square feet of class A office, technology, and research space supported by an education cluster of undergraduate and graduate level research and training complimented by student housing and a variety of amenities including a conference center with nightly stay hotel facility, a health wellness center, and extended stay hotel facility, mid scale restaurant, child development center, and allocated space for an Okaloosa County EDC incubator project.
Dick Corporation and Hunt Development Group are supported by the Landings Real Estate Group providing development and management services and the design team of Greenhorne & O’Mara, and Bullock Tice Associates. Both Dick and Hunt as well as the entire team, have extensive privatization and military construction experience for the Air Force and in the northwest Florida region. Greenhorne & O’Mara and Bullock Tice are currently under contract to design the expansion of the REEF building.
Dick Corporation was founded in 1922 in Pittsburgh, Pennsylvania. It is a nationally recognized construction, construction management, design-build and environmental services firm that ranks as one of the nation’s top 60 contractors. The company offers services in the commercial and institutional building, industrial and transportation markets and is supported regionally through offices in Cleveland, Jacksonville, Altamonte Springs, Phoenix, Hawaii and Guam.
Hunt Development Group, LP is an affiliate of Hunt Building Corporation. Founded in 1947, Hunt Building Corporation and its affiliated companies provide a full range of development, design, construction, investment, and asset/property management services. The companies have been headquartered in El Paso and operated by the Hunt family for four generations. Other Hunt affiliated companies are Hunt Building Company, Hunt Communities, HBC Property Managers, Hunt NR, and Hunt Administrative Services.
For more information on Hunt Development Group and Dick Corporation visit their websites at www.dickcorp.com and www.huntcompanies.com.
Norman Fornella (412) 384-1158
Executive Vice President
Dick Corporation
Stephanie Sierra (915) 533-1122
Public Relations and Corporate Communication Manager
Hunt Administrative Services, LLC
June 19, 2007
Dick Corporation and Hunt Development Group Awarded a $250 Million 50 Year Enhance Use Lease Contract at Eglin Air Force Base in Florida
PITTSBURGH--(BUSINESS WIRE)--A joint venture between Dick Corporation and Hunt Development Group announced today the team known as Eglin Properties, LLC has been awarded a $250 million contract by the Department of Air Force. The award of the Enhanced Use Leasing (EUL) contract is for the design, development, financing, and construction of the Emerald Coast Technology and Research Center at the Eglin Air Force Base.
The project involves the ground lease of approximately 98 acres of land adjacent to the Eglin West Main Gate. Anchored by the University of Florida’s Research Education & Engineering Facility (REEF), the proposed development will include approximately 1.1 million square feet of class A office, technology, and research space supported by an education cluster of undergraduate and graduate level research and training complimented by student housing and a variety of amenities including a conference center with nightly stay hotel facility, a health wellness center, and extended stay hotel facility, mid scale restaurant, child development center, and allocated space for an Okaloosa County EDC incubator project.
Dick Corporation and Hunt Development Group are supported by the Landings Real Estate Group providing development and management services and the design team of Greenhorne & O’Mara, and Bullock Tice Associates. Both Dick and Hunt as well as the entire team, have extensive privatization and military construction experience for the Air Force and in the northwest Florida region. Greenhorne & O’Mara and Bullock Tice are currently under contract to design the expansion of the REEF building.
Dick Corporation was founded in 1922 in Pittsburgh, Pennsylvania. It is a nationally recognized construction, construction management, design-build and environmental services firm that ranks as one of the nation’s top 60 contractors. The company offers services in the commercial and institutional building, industrial and transportation markets and is supported regionally through offices in Cleveland, Jacksonville, Altamonte Springs, Phoenix, Hawaii and Guam.
Hunt Development Group, LP is an affiliate of Hunt Building Corporation. Founded in 1947, Hunt Building Corporation and its affiliated companies provide a full range of development, design, construction, investment, and asset/property management services. The companies have been headquartered in El Paso and operated by the Hunt family for four generations. Other Hunt affiliated companies are Hunt Building Company, Hunt Communities, HBC Property Managers, Hunt NR, and Hunt Administrative Services.
For more information on Hunt Development Group and Dick Corporation visit their websites at www.dickcorp.com and www.huntcompanies.com.