Opportunity for Developers at California Air Force Base
Located 45 miles northeast of Sacramento, Beale Air Force Base is holding an Abbreviated Industry Forum on April 30 beginning at 7:30 a.m. to follow up on plans for its housing privatization project. The scope of the project has been revised since it was presented last June.
A private developer is being sought for the project, which involves 1,344 family housing units on base. The federal government will convey the housing units and other associated improvements, including infrastructure and utilities, and will lease the underlying land for 50 years to the developer.
The successful developer will own and operate the rental housing development for 50 years, as well as finance, plan, design and construct improvements to the development. The developer