EUL: New Life for Military Buildings

- By: ,

Courtesy of Weston Solutions, Inc

In the late 1990s Fort Sam Houston, Texas, was in a difficult position. Several buildings that became unsuitable for their intended purposes due to the consolidation of hospital operations left the post few options. The buildings were in an historic district, thus demolition was undesired. Likewise due to historic preservation requirements, it was highly unlikely that potential tenants would bring enough funding to support the nearly $100 million needed to restore and renovate the buildings for redevelopment. Thus, the installation turned to leasing the buildings to a private sector developer. In 1999, when the notice of availability for lease and the request for qualifications were released by the Army Corps of Engineers Fort Worth District on behalf of the post, few knew about Enhanced Use Leasing (EUL).

Customer comments

No comments were found for EUL: New Life for Military Buildings. Be the first to comment!