Lend Lease will now build more larger homes than previously planned, reflecting the changing needs of military service members and their families.
Island Palm Communities, a partnership between Lend Lease and the Army, is the largest residential privatisation project ever awarded by the US Army. The partnership will develop, design and construct 5,241 new homes, renovate 2,515 existing homes, and provide property and maintenance management services through to 2054.
Lend Lease group chief executive officer and managing director Steve McCann said that the increased work scope reflected Lend Lease’s collaborative working relationship with the US Army. “We continue to work very closely with our long term partner to bring quality homes to US Army service members and their families,” he said.