Air Force selects developer for EUL project here

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KIRTLAND AIR FORCE BASE, New Mexico --  Kirtland AFB along with the Air Force Real Property Agency has chosen Kirtland Development Partners, LLC as developer for the Kirtland Technology Park Enhanced Use Lease.

The EUL program is a tool used by the military to attract private sector capital and expertise to acquire, construct or upgrade facilities for a number of compatible uses. The Air Force is in the process of negotiating several EULs nationwide.

"The Enhanced Use Lease program allows the Air Force to manage the installation's assets to achieve greater business efficiencies," said Col. Robert Suminsby Jr., 377th Air Base Wing commander. "It's a win-win situation for all involved: the Air Force is able to capitalize on underutilized assets and the private entities that lease the land are able to address the Air Force's needs such as construction, repair, maintenance and improvement of facilities."

A vacant land parcel consisting of approximately 92 acres located between San Mateo Boulevard and Maxwell Street south of Gibson Boulevard will support a mixed use of development.

The mixed use development has the possibility of including office space, senior housing, restaurant, retail, hotel and flex-lab space. KDP, together with the Air Force, will develop a business and leasing plan for the property. The plan will include concepts that are compatible with the installation's goals and objectives and will involve a long-term government lease of the land to KDP.

KDP will plan, design, finance, construct and market the new facilities. In addition to providing the Air Force with fair market value consideration, KDP will operate and maintain the facilities.

Additional information about EULs is available at http://www.safie.hq.af.mil/afrpa/eul/index.asp. Inquires specific to Kirtland Air Force Base's participation can be directed to David Sconyers at 505-853-0694.

Kirtland AFB, an Air Force Materiel Command base, is in southeast Albuquerque, New Mexico, nestled between the Sandia and Manzano mountain ranges. It has a rich tradition of U.S. Air Force and Department of Energy scientific research and development. As one of the largest bases in the Air Force, Kirtland AFB is also a primary training facility for special operations forces.