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2025
Jan. 21, 2025

Balfour Beatty Communities Recognized for Sustainable Efforts at Beacon Point Homes in Groton, Connecticut

Balfour Beatty Communities Recognized for Sustainable Efforts at Beacon Point Homes in Groton, Connecticut

Malvern, PA --- January 21, 2025 --- Balfour Beatty Communities, a trusted housing partner for the U.S. Navy, has been recognized for its commitment to sustainability with a $91,775 utility rebate from Groton Utilities. The award highlights the successful implementation of energy-efficient upgrades at Beacon Point Homes, a key housing site for military families.

The upgrades include the installation of heat pump water heaters, mini-split systems, and the removal of a 1,000-gallon underground oil tank. Notably, six homes were fully electrified, transitioning from oil heating to energy-efficient mini-splits that now provide both heating and air conditioning—previously unavailable to residents. These improvements are making a significant difference in the comfort and satisfaction of military families.

“We are proud to be recognized for our efforts to improve sustainability and enhance the quality of life for our service members and their families,” said Edward Lopes, VP of Navy Project Development. “These upgrades not only generate energy savings but also contribute to a cleaner, more sustainable environment for everyone in the community.”

In addition to the six occupied homes, two previously unoccupied units were completely renovated with mini-splits, electric vehicle chargers, new flooring, updated kitchens and bathrooms, and repaved walkways. These homes have become some of the most desirable units in the community, demonstrating the value of sustainable renovation.

“Navy Family Housing upgrades with innovative equipment such as whole home heat pumps - which add air conditioning; heat pump hot water heaters; and, electric vehicle charging are outstanding PPV initiatives,” said Capt. Kenneth M. Curtin Jr., Naval Submarine Base New London Commanding Officer. “These upgrades increase efficiency and reduce emissions and dependence on fossil fuels; but more importantly, they greatly improve the quality of life for the Sailors and families that live in Beacon Point Homes.”

Environmental Impact:
• Eliminated approximately 3,259 gallons of heating oil annually.
• Reduced 73,180 pounds of CO2 emissions each year.
• Replaced outdated oil boilers with energy-efficient heat pumps and mini-splits.

Groton Utilities, a non-profit, publicly owned utility serving the City of Groton, has been instrumental in this success. Their dedication to providing high-quality services at affordable rates has helped make these sustainability efforts possible, and the rebate funds will be reinvested into further improvements at Beacon Point Homes.

Working closely with the Department of Defense, as part of the Military Housing Privatization Initiative (MHPI), Balfour Beatty Communities has delivered more than 14,000 new homes and significantly renovated an additional 15,000 housing units. MHPI, enacted in 1996, leverages private-sector capital and expertise to address the military’s backlog of deferred maintenance by expanding and upgrading housing, ensuring predictable, stable long-term operating costs and performance. Balfour Beatty Communities will finance, develop, build, renovate, and operate these projects for at least 50 years.



About Balfour Beatty Communities

Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States. Since its inception in 1999, Balfour Beatty Communities has invested in nearly 100 properties representing more than $7.9 billion of gross asset value. Our broad in-house expertise includes decades of acquisition, development, finance, renovation, leasing and property/facility management experience. Leveraging this extensive expertise and a customer service-focused approach, Balfour Beatty Communities seeks to create value in its real estate projects while delivering exceptional living experiences. For more information, visit balfourbeattycommunities.com.

Balfour Beatty Communities is a subsidiary of Balfour Beatty Investments, Inc., Inc. and Balfour Beatty plc, a leading international infrastructure group.

Media Contacts:
Surabhi Verma
Director, Stakeholder Communication
Balfour Beatty Communities
267-887-0706
SVerma@bbcgrp.com

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2025
Jan. 15, 2025

Balfour Beatty Communities Foundation Invites Residents to Apply for 2025/2026 Academic Scholarship Support

Balfour Beatty Communities Foundation Invites Residents to Apply for 2025/2026 Academic Scholarship Support

Application Deadline is March 15, 2025

Malvern, PA (January 15, 2025) – The non-profit organization of Balfour Beatty, Balfour Beatty Communications Foundation, is excited to announce the opening of applications for its 2025/2026 academic scholarship program. Recipients will be chosen based on academic performance, community service, involvement in extracurricular activities, and financial need.

“We are incredibly proud of the continued impact the Foundation has in empowering students and fostering educational excellence within our communities,” said Linda Bradley, Vice President and Treasurer, Balfour Beatty Communities Foundation. “As we look to 2025 and beyond, we are more committed than ever to supporting the educational aspirations of our residents. This scholarship program not only invests in the future of these scholars but also helps create tomorrow’s leaders, staying true to our 'We Care' ethos by prioritizing the success and well-being of the communities we serve."

To be eligible for a Foundation scholarship, applicants must:

· Reside at a Balfour Beatty Communities-owned and/or managed military, student housing, or multifamily community
· Maintain a GPA of 3.0 or higher
· Actively participate in extracurricular activities
· Plan to attend an accredited college, university, or trade school in the 2025/2026 academic year

Applicants are also required to submit an original essay that highlights their educational goals, aspirations, and how the scholarship will help further their academic journey.

Since 2009, the Foundation has awarded over 700 scholarships, totaling more than $1.5 million, to support the educational dreams of students across Balfour Beatty Communities properties.

All applications and related materials must be submitted by March 15, 2025 (11:59 pm PT). For more information and to apply, visit www.bbcommunitiesfoundation.org/.



About Balfour Beatty Communities Foundation Founded in 2007 as a 501(c)(3) non-profit organization, Balfour Beatty Communities Foundation seeks to give back to the communities and residents served across the Balfour Beatty Communities portfolio of properties. The Foundation helps deserving scholars residing in our communities pursue their dreams and ambitions through a generous scholarship program. Learn more at www.bbcommunitiesfoundation.org/.

Balfour Beatty Communities Foundation is a Pennsylvania non-profit organization with a 501(c)(3) classification from the Internal Revenue Service of the United States. Financial information can be obtained by contacting Sally Carlin at One Country View Road, Suite 100, Malvern, PA 19355, (610) 355-8080, scarlin@bbcgrp.com. Additional information may be obtained directly by contacting the relevant state agency noted at bbcommunitiesfoundation.org/legaldisclosure.

Media Contacts:
Surabhi Verma
Balfour Beatty Communities
267-887-0706
sverma@bbcgrp.com

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2024
Sep. 11, 2024

Balfour Beatty Communities to Enhance Military Housing Connectivity with New Fiber Optic Network

Balfour Beatty Communities to Enhance Military Housing Connectivity with New Fiber Optic Network

Balfour Beatty Communities (BBC), a leading national residential real estate investment and management company, is in the process of engaging with multiple fiber optic network providers to introduce cutting-edge broadband fiber optic capabilities to its privatized military housing portfolio, starting with an initial rollout of 10,000 homes at six U.S. Army bases. This strategic upgrade is expected to significantly enhance connectivity and deliver improved digital services to military families residing in housing on base.

"Delivering exceptional living experiences means continuously adapting to meet residents’ evolving needs," stated Theresa Steele, Vice President, Project Development at Balfour Beatty Communities. "We are excited to bring a more reliable, robust and secure internet network to our communities for the direct benefit of our residents."

This fiber-to-the-home (FTTH) deployment will deliver the high-speed connectivity that has become critical for everything from schoolwork and videoconferencing to telemedicine, paying bills and watching TV. BBC currently is in various phases of development with third party providers to implement FTTH projects in its military housing communities at Fort Eisenhower (GA), Fort Bliss (TX), Fort Jackson (SC), Fort Stewart (GA), Fort Leonard Wood (MO), and Fort Carson (CO), with plans to continue expanding access across the balance of its military housing portfolio.

“Fort Jackson prioritizes the quality of life for Soldiers assigned to the installation. Fiber technology has been standard in residential areas since the early 2000s, which is not the case on all Army installations including Fort Jackson. Army families would benefit greatly from a much-needed upgrade to fiber optic connectivity. Not only will this improve connectivity performance in every home, it also future-proofs our partner-managed homes, increasing the overall value. Our mission units rely on a dependable fiber network to serve every mission on Fort Jackson, our housing area is overdue for this needed update,” stated Fort Jackson Army Housing Office.



About Balfour Beatty Communities

Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States. Since its inception in 1999, Balfour Beatty Communities has invested in nearly 100 properties representing more than $7.9 billion of gross asset value. Our broad in-house expertise includes decades of acquisition, development, finance, renovation, leasing and property/facility management experience. Leveraging this extensive expertise and a customer service-focused approach, Balfour Beatty Communities seeks to create value in its real estate projects while delivering exceptional living experiences. For more information, visit balfourbeattycommunities.com.

Balfour Beatty Communities is a subsidiary of Balfour Beatty Investments, Inc., Inc. and Balfour Beatty plc, a leading international infrastructure group.

Media Contacts:
Surabhi Verma
Director, Stakeholder Communication
Balfour Beatty Communities
267-887-0706
SVerma@bbcgrp.com

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2024
Aug. 07, 2024

Balfour Beatty Communities Marks Start of Housing Development Construction at Fort Carson

Balfour Beatty Communities Marks Start of Housing Development Construction at Fort Carson

Fort Carson, Col. --- August 7, 2024 --- Balfour Beatty Communities in partnership with the United States Army, celebrated the launch of new military family housing construction at Fort Carson, CO. The ceremony, held on August 5, 2024, at the Arapahoe Village neighborhood construction site within, Fort Carson Family Homes, marked the commencement of the first phase in an anticipated multi-phased project looking to bring more than 200 new homes on the base.

This initial phase will deliver 56 new 3- and 4-bedroom townhome units, including an accessible unit designed for persons with disabilities. This development aims to provide high-quality, modern living spaces that cater to the needs of military families stationed at Fort Carson. Features will include garages, an open-concept floor plan, plank flooring, energy-efficient appliances, and EV charging infrastructure.

"This project represents a critical investment in the quality of life for our service members and their families," said Col. Sean M. Brown, former Garrison Commander, Fort Carson. "We are excited to see these new homes come to fruition and are grateful for the partnership in making this vision a reality."

"With demolition, site, and utility work behind us, we are thrilled to see these new homes starting to take shape at Fort Carson. This project is a testament to our strong partnership with the Army and our mutual commitment to providing exceptional living experiences to military families,” said Theresa Steele, Vice President of Project Development, Balfour Beatty Communities. Construction of the first phase of homes is underway, with completion anticipated in September 2025.



About Balfour Beatty Communities

Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States. Since its inception in 1999, Balfour Beatty Communities has invested in nearly 100 properties representing more than $7.9 billion of gross asset value. Our broad in-house expertise includes decades of acquisition, development, finance, renovation, leasing and property/facility management experience. Leveraging this extensive expertise and a customer service-focused approach, Balfour Beatty Communities seeks to create value in its real estate projects while delivering exceptional living experiences. For more information, visit balfourbeattycommunities.com.

Balfour Beatty Communities is a subsidiary of Balfour Beatty Investments, Inc., Inc. and Balfour Beatty plc, a leading international infrastructure group.

Media Contacts:
Surabhi Verma
Director, Stakeholder Communication
Balfour Beatty Communities
267-887-0706
SVerma@bbcgrp.com

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2024
Jul. 19, 2024

Balfour Beatty Communities Foundation Awards College Scholarships Totaling Over $119,000

Balfour Beatty Communities Foundation Awards College Scholarships Totaling Over $119,000

MALVERN, PA --- July 19, 2024 --- Balfour Beatty Communities Foundation, proudly announces the recipients of its annual scholarship program. This year, Balfour Beatty Communities awarded scholarships totaling over $119,000 to exceptional individuals across its military housing, multifamily housing, and student housing portfolios. These scholarships aim to empower recipients in their pursuit of higher education and community leadership.

“We are thrilled to grant these scholarships,” said Leslie Cohn, a Board Member of the Balfour Beatty Communities Foundation. “Empowering individuals to pursue their educational dreams not only enriches their lives but also strengthens our communities. Through this program, we continue our steadfast commitment to fostering growth, leadership, and academic excellence among our residents.”

“I am deeply honored and excited to receive this scholarship. This generous support will enable me to complete my degree in Computer Science, paving the way for me to pursue my passion and contribute to the field,” said Jose Gonzalez, scholarship recipient and resident at NAVSTA Newport Homes.

“I am deeply honored and immensely grateful to be a recipient of this scholarship. My educational journey would not be possible without the generous support of programs like this. This scholarship affords me the opportunity to pursue my master's degree, enabling me to fulfill my aspiration of contributing to the medical field as an engineer specializing in surgical robotics,” said Annie Benson, scholarship recipient and resident at The Broadview at Vanderbilt.

This marks the 17th consecutive year of the Balfour Beatty Communities Foundation scholarship program. Since its establishment in 2007, the foundation has disbursed more than $1.7 million in scholarships to deserving individuals residing in military, multifamily, and student housing communities under Balfour Beatty Communities' management. For more information, visit Balfour Beatty Communities Foundation



About Balfour Beatty Communities
Balfour Beatty Communities Foundation is a non-profit organization that principally focuses on supporting the post-secondary educational goals of residents who live in communities owned and managed by Balfour Beatty Communities, LLC. The Foundation is also committed to honoring military personnel – active, wounded, and fallen – by supporting organizations that assist military service members and/or their families. Additional information regarding Balfour Beatty Communities Foundation’s purpose, programs, and activities can be obtained through BBCommunitiesFoundation.org.

Balfour Beatty Communities Foundation is a Pennsylvania non-profit organization with a 501(c)(3) classification from the Internal Revenue Service of the United States. Financial information can be obtained by contacting Sally Carlin at One Country View Road, Malvern, PA 19355, (610) 355-8100, scarlin@bbcgrp.com . Additional information may be obtained directly by contacting the relevant state agency noted at http://www.bbcommunitiesfoundation.org/#!legal-disclosures/co6u.

Media Contacts:
Surabhi Verma
Director, Stakeholder Communication
Balfour Beatty Communities
267-887-0706
SVerma@bbcgrp.com

Posts Latest News and Articles
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