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June 2, 2008 For More Information:
Joy Lutes 877.846.7760
Clark Builders Group Completes MCB Quantico Family Housing Project
Award-Winning Development Completed Under Budget and Ahead of Schedule

Clark Builders Group Completes MCB Quantico Family Housing Project
QUANTICO, Va. — Clark Builders Group (CBG), one of the nation's leading multifamily builders, recently announced the construction completion of newly privatized family housing at Marine Corps Base (MCB) Quantico. Developed under a public private partnership among the Department of Navy, Clark Realty Capital, and Lincoln Property Company, the massive project required demolition of every existing home on base and replacement with 1,137 new homes and an array of community buildings and amenities. The completion, which occurred ahead of schedule and under budget, marks the end of the construction phase of the 50-year development plan.

"The partnership teams from Clark Realty Capital and Lincoln Property Company, along with Clark Builders Group as the design/builder, have been a pleasure to work with. Everyone involved has been an experienced professional and has understood the unique challenges of meeting our Department of Navy expectations," said Jim Harris, head of the Marine Corps PPV Division, Naval Facilities Engineering Command, Atlantic. "From the start, they fostered an environment of open and collaborative communication which I think was a key ingredient to the success of the housing development. They focused their efforts on providing the Marine families with high quality housing as quickly as possible and were highly successful in doing so."

In addition to the new construction of family housing, Clark Builders Group also performed a one-of-a-kind renovation of historic apartment buildings into three-story, walk-up townhomes. The historic preservation and rehabilitation garnered several accolades for the project, including honors in the 2007 Multi-Housing News Design Excellence Competition, 2006 Monument Awards, 2006 Best in American Living Awards, and 2006 Mid-Atlantic Construction Awards.

Clark Builders Group also constructed a 15,000 square foot welcome center with a resort-style pool, a 4,000 square foot community center, and a 5,000 square foot maintenance building, in addition to several playgrounds, tot lots, and basketball courts. The company also completed major infrastructure upgrades throughout large portions of the base.

"Most impressive of all is that the project was completed ahead of schedule, under budget, and with the highest quality possible," said Glenn Ferguson, president of Clark Builders Group. "We are proud of our role in delivering a community that Marine Corps families will be proud to call home for decades to come."

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About Clark Builders Group

As the fourth largest multifamily builder in the nation, Clark Builders Group (CBG) is one of the nation's premier builders of luxury apartments, military family housing, and mixed-use communities. CBG has constructed more than 50,000 homes since its founding in 1992 and boasts an extensive portfolio of nationally acclaimed, award-winning communities on both coasts. CBG is an affiliate of the Clark Construction Group, one of the nation's oldest and largest private general contractors. For more information, visit www.clarkbuildersgroup.com.