$630M Military housing privatization project opens first community

NORFOLK, VA The first residents have moved into The Village of Whitehurst Farms, a 212-residence military housing community at Little Creek Naval Amphibious Base in Hampton Roads, Va. Whitehurst Farms is one of 12 communities to be built by Los Angeles- headquartered KB Home in a public-private endeavor -- valued at $630 million.

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The project will include single-family homes, duplexes and triplexes located on the 52-acre site, renovations to over 4,000 existing homes and construction of 1,200 new homes — a deal between the U.S. Navy and Dallas-headquartered Lincoln Military Housing, a division of Lincoln Property Co.

Other features planned for the community: a community center, swimming pool, soccer field and baseball field. The project is part of the U.S. Department of Defense’s plan, initiated in 1996, to privatize military housing in an effort to upgrade and add to the military’s housing portfolio. For KB Home, Whitehurst Farms and the other 11 housing communities, which are located in Virginia and Southern Maryland, represent the company’s entry into a new market.

KB Home’s role in the Navy developments is not the norm, as the military most frequently contracts smaller builders or commercial contractors for such pursuits. “What KB Home brings to the picture is large-scale national contracts and even flow; we can produce a lot of finished housing in a short amount of time. We delivered 3,000 homes in this country last year” says a KB spokesperson. KB Home’s involvement in the 12-community Lincoln Property-Navy project will span an approximately four-year period and will involve an aggregate 1,075 residences. All 212 homes at Whitehurst are expected to be completed in 2008.

The Village at Whitehurst Farm in Hampton Roads will include 212 homes. Other communities underway include:

Midway Manor 46 homes, Virginia
Commons at First Colony 92 homes, Southern Maryland
Challenger Commons at Wildwood 125 homes, Southern Maryland
Riverview Village I 88 homes, Southern Maryland
Chesapeake Northwest 80 homes, Virginia
Wellings Court 43 homes, Virginia
New Gosport 170 homes, Virginia
Port Lyautey 127 homes, Virginia
Bradford Point & Bradford Cove 87 homes, Virginia
Riverview Village II 48 homes, Southern Maryland
Conrad Heights I & II 169 homes, Southern Maryland.