January 29, 2014

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CEO of the Year

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Article

R&O Construction Begins Constructing Phase II of Falcon Hill

Press Release

January 29, 2014

Hill Air Force Base — R&O Construction Company has begun construction on Phase II of the Falcon Hill Enhanced-Use Lease project at Hill Air Force Base. The first building is a three-story, 76,182 square-foot office building on three acres and adjacent to the five-story office building occupied by Northrup Grumman.

Falcon Hill is the first public-private partnership at Hill Air Force Base, and the largest enhanced-use lease (EUL) project in the history of the Air Force. EUL is a method for funding construction on military property by allowing a private developer to lease underused property with rent paid by the developer in the form of in-kind services, and does not require government funds. 

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