LAS VEGAS — At a recent reception and awards ceremony in the Wynn Hotel, the National Association of Homebuilders (NAHB) and Professional Builder Magazine honored Park Village at Fort Belvoir with a 2008 Best in American Living Award (BALA). Commended for cohesive design, sustainability, and the intricate renovation of two 1930s-era historic homes on-site, the Fort Belvoir, Va. community for Army families received the Judges’ Special Recognition honor in the newly created Military Housing category.

“Best in American Living Award winners represent the finest homes and communities in the nation,” said Paul Deffenbaugh, editorial director for Professional Builder magazine. “In awarding Park Village as a Judges’ Special Recognition, we wanted to showcase this exceptional project and herald Clark’s positive impact on military families.”

Developed by Clark Realty Capital (CRC) and built by Clark Builders Group (CBG) as part of a public-private partnership with the US Army, the Park Village neighborhood is comprised of 22 new Craftsman-style homes built around two restored historic homes. In order to maximize connectivity and preserve green space, the project team retained the neighborhood’s original “loop” street network, preserved existing trees through compact site planning, and planted nearly 100 new trees. The single-family homes boast EnergyStar appliances, four bedrooms, and spacious floor plans. Home façades feature a unique color scheme inspired by 1930s designs and include expansive, dormered front porches, creating a cohesive streetscape alongside the restored units.

“Winning a BALA is a tremendous honor for the Fort Belvoir RCI project,” said Casey Nolan, development executive at CRC. “To receive the first Special Recognition for a military community is particularly exciting, and we hope Park Village will continue to enhance the quality of life for those who deserve it most.”

Sponsored by Professional Builder and NAHB, the Best in American Living Awards recently celebrated its 25th anniversary. This year, judges reviewed thousands of entries and narrowed their selection to 40 winners. This award marks the fourth consecutive year that a Clark project has won a BALA, and represents Fort Belvoir family housing’s 20th accolade.

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About Clark Realty Capital

Clark Realty Capital (CRC) 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 CRC at 12 military installations throughout the United States. Upon completion of current military projects, CRC 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.

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.

About the National Association of Homebuilders (NAHB)

NAHB is a Washington, D.C. based trade association whose mission is to enhance the climate for housing and the building industry. Chief among NAHB's goals is providing and expanding opportunities for all consumers to have safe, decent and affordable housing. As "the voice of America’s housing industry," NAHB helps promote policies that will keep housing a national priority. For more information, visit www.nahb.org.