(EUL) Enhanced Use Leasing
Enhanced Use Leasing refers to the leasing of land and buildings from the government to private developers on a long term basis. The Enhanced Use Leasing Program gives the military and other government agencies the ability to lease government property for use by the private sector for development. Through this public private cooperation, value can be unlocked for both the government and private sector developers.
Concourse has positioned itself as a leader in Enhanced Use Leasing. Concourse has led their clients to win two recent EUL projects, including the Camp Navajo EUL project in Flagstaff, Arizona and the Redstone Arsenal EUL project in Huntsville, Alabama, and the Army Selfridge EUL in Michigan.
The Camp Navajo EUL project plan calls for the development of an 815 acre ecologically friendly industrial park with a bio-mass CHP facility and transload/ intermodal facility.
The Redstone Arsenal EUL project plan calls for the development of over two-million square feet of office space, a University of Alabama Academic Center and a conference / lodging facility on 450 acres.
The Army Selfridge EUL project plan calls for the development of a mixed use office, hotel, and residential facility.
Concourse has also represented or is currently representing clients in Army EUL pursuits, including the development of a 100 acre office park in Miramar, Florida, a 173 acre proposed office/mixed use development at Fort Meade Maryland, and an anti-terrorism training center at Aberdeen Proving Ground, Aberdeen, Maryland.
