Actus Lend Lease became the project owner Sept. 20, 2007, for the Tri-Group military family housing privatization project, which will encompass housing on Schriever, Peterson and Los Angeles Air Force bases.
Actus Lend Lease and the Air Force will form a limited liability company to construct family housing at Schriever and modernize military family housing at Los Angeles and Peterson AFBs.
An Actus Lend Lease affiliate, Tierra Vista Communities, will be the managing partner responsible for the $342-million effort that will build 242 homes at Schriever. The affiliate will also renovate 613 existing homes and build 597 homes at Peterson and Los Angeles AFBs.