Lend Lease Awarded Cobblestone Square Apartments in Virginia

FREDERICKSBURG, Va., Aug. 2, 2011 /PRNewswire/ -- Lend Lease was selected by Home Properties, Inc., a publicly traded REIT with operations primarily in selected Northeast and Mid-Atlantic markets, to be their Contractor for Cobblestone Square Apartments, a newly developed class-A apartment community located in historic Fredericksburg, Virginia.

Construction of the eight, four-story buildings, housing 302 one and two bedroom apartments, began in 2011 and will be completed in the first half of 2012.  The Cobblestone Square Apartments offers residents high-end amenities and a convenient location close to Old Town Fredericksburg and mass transit options including the Virginia Railway Express (VRE).  The site also includes an historic railroad depot building that is being renovated and will contain 12 additional apartments.

About Lend Lease

Lend Lease is a leading international property and infrastructure group.  Listed on the Australian Stock Exchange, Lend Lease has a significant presence in the Americas, Australia, Asia and Europe.  

In the US, Lend Lease offers over 90 years of experience in the project management and construction industry.  In the past decade alone, the firm has provided construction services on over 2,500 projects for 1,100 clients nationwide through its legacy Bovis Lend Lease business.  The company provides a full range of construction services including construction management, general contracting, program management, project management, design/build and consulting services.  

SOURCE Lend Lease