Regions Southeast
Balfour Beatty Starts Operational Management of Fort Jackson Project
Aug 8, 2008

Balfour Beatty Communities L.L.C. has announced that it has commenced property management and maintenance services for the military family housing at the U.S. Department of the Army's Fort Jackson located in Columbia, S.C. As part of the operational takeover, it entered into a property management agreement and a 50-year ground lease with the Army, and will receive fees for the management and maintenance services it will provide to the existing 1,162 family housing units at Fort Jackson. The firm is in the process of finalizing the financing needed to commence construction, renovation and demolition work, which is currently anticipated to occur by the fourth quarter of 2008.

 
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