Corvias Military Living managing director Mike Steiner tells us that despite sequestration, the development of military housing will continue. (The armed forces are one group that does not throw in the towel.) For one, budget cuts are only the latest obstacle faced by military housing developers."And there will continue to be challenges, whether they be related to budgets, deployments, or increasing the opportunities for single senior leaders to live closer to younger soldiers," he says.It recently broke ground on Phase 2 of the Randolph Pointe apartments at North Carolina's Fort Bragg; it was able to expand since the project didn't need any new government funding. When completed in 2014, it'll add 120 new apartments for senior unaccompanied service members stationed there.
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters