" />

CBG Building Company Celebrates Phase One Completion of Nevada Military Community

Ribbon Cutting Commemorates Construction Milestone at Naval Air Station Fallon
August 15, 2018

FALLON, Nev.—CBG Building Company celebrated the completion today of the first phase of a new military family housing community at Naval Air Station Fallon (NAS Fallon). The ribbon-cutting ceremony marked the construction completion of 60 new homes and the opening of a 5,500-square-foot community clubhouse with a bike park, playgrounds, sport courts, and a water park.

CBG Building Company Celebrates Phase One Completion of Nevada Military Community Press Release Image

CBG Building Company Celebrates Phase One Completion of Nevada Military Community

"These are beautiful, modern homes," said NAS Fallon Commanding Officer Captain David Halloran. "[This is] a much-needed improvement to our housing, and it will have a direct positive impact on the quality of life for our sailors and their families."

CBG introduced interconnected walkways, communal shade structures, and shared amenities like a dog park and splash pad to make NAS Fallon more community-oriented. NAS Fallon's harsh weather conditions and remote location presented unique construction challenges, which CBG overcame with minimal impact to residents.

The team split the project into several phases, incorporated weather-resistant materials, and built temporary roads for ingress and egress to minimize disruption to the residents.

"We are pleased to celebrate the completion of these homes and amenities at NAS Fallon," said Jim Forburger, senior vice president of CBG Building Company. "Before construction, a lack of climate-friendly activities meant that residents weren't fully able to utilize the community. Our main goal was to build the best housing and amenities for residents and their children, to help them engage with each other and enjoy the outdoors."

In partnership with the Navy and Clark Realty Capital, the multi-million dollar project began in April 2016 and involves the construction of 139 new houses and renovation of 80 existing houses along with infrastructure upgrades and new site amenities. Construction will be completed in multiple phases to maintain pedestrian access to sidewalks and avoid displacing military families.

The first phase of work included the demolition of 62 units, construction of 60 new units, and the removal and replacement of surrounding roads and infrastructure. The full buildout will benefit more than 200 military families.

# # #

About Naval Air Station Fallon

Home to the Navy's TOPGUN and TOPDOME schools, Naval Air Station Fallon is known as the "Biggest Little Air Station in the World." NAS Fallon is located in northern Nevada's high desert and respected throughout the Navy as the only facility in existence where an entire carrier wing can conduct comprehensive training while integrating every element of the wing into realistic battle scenarios. The base enjoys more than 300 clear flying days per year and is home to a 14,000-foot runway, the longest in the Navy. NAS Fallon opened in the early 1940's and is home to over 3,00 active duty personnel, civilian employees, and Department of Defense contractors, all of whom enjoy access to numerous facilities and amenities. For more information, visit www.www.cnic.navy.mil/regions/cnrsw/installations/nas_fallon.html.

About CBG Building Company

Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 25 years. CBG's professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG's experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 80,000 housing units since 1992. For more information, visit www.cbgbuildingcompany.com.

About Clark Realty Capital

Clark Realty Capital is a fully integrated national real estate company offering a broad base of services including capital markets, development, construction, property management, and investment management. The Army, Navy, Air Force, and Marines are leveraging the ingenuity and assured performance of Clark Realty Capital at 21 military installations throughout the United States. Upon completion of current military projects, Clark Realty Capital will have built or renovated over 34,000 homes with a development value in excess of $4.9 billion. For more information, visit www.clarkrealtycapital.com.