MULTIFAMILY TUESDAY: MILITARY'S ON-BASE PERCENTAGE

For the first time, the military is having a developer put up apartments on base without ordering soldiers to live there. Picerne Military Housing is building 428 garden-style units at Fort Meade for junior enlisted service members at its own risk, but the base's BRAC-induced influx of young techies makes the firm's founder pretty comfy with the arrangement.
Photo credit: White House Photo Office
John Picerne (with First Lady Michelle Obama on the White House's South Lawn in April) tells us he's breaking ground in August on the $80M, 816-bed apartment complex, which will deliver in phases over three years and serve the young, single soldiers that thus far have had to use stipends to find private housing. He says 1,400 of the junior enlisted service members who work at the base live outside its gates, and that's before Cyber Command personnel come around. John was at the White House for a ceremony in which his Our Family for Families First Foundation was honored as the People's Choice in the Joining Forces Foundation Challenge.

We snapped this little guy last fall on the golf course being razed for Cyber Command (no word whether he'll get a stipend for off-base housing). John says the military likes to have junior enlisted soldiers on base as part of its leadership-growth structure (military terminology: "unit integrity and warrior ethos"), but Fort Meade has enough on-base housing for only half the junior enlisted soldiers assigned there. The upcoming, partly furnished units will feature identical master suites (this is a democracy, after all), high-speed Internet, cable, washer/dryers, and a clubhouse with a game room, video room, gym, pool, volleyball courts, the works. John's first Fort Meade project delivered in 2000, and he's built $450M worth there.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development