FORT HOOD, Texas — Lendlease Inc. and senior Army officials will host a $420M housing development ceremony at 10:30 a.m. (CT) April 29 here.

Fort Hood Family Housing, a subsidiary of Lendlease, is slated to receive these funds to be invested in the demolition of and subsequent new construction of nearly 600 new junior enlisted homes; roof replacements on more than 2,300 homes; and medium renovations at more than 1,300 homes.

Lendlease announced these improvements April 20 as part of a larger $1.1 billion development project that will improve on-post housing at five military installations in their Army housing portfolio.

Officials from Lendlease, Army Materiel Command, Installation Management Command and Fort Hood will participate in the event. The senior leader remarks will be followed by a ceremonial demolition of two homes.

Phillip Carpenter, chief operating officer, Lendlease Communities; Lt. Gen. Douglas Gabram, commanding general, Installation Management Command; and Col. Jason Wesbrock, commander, U.S. Army Garrison Fort Hood, will hold a press conference following the event. General Edward Daly, commanding general, Army Materiel Command, and Lt. Gen. Pat White, III Corps commanding general, will attend the event.

Media who wish to cover the event should register here by 2 p.m. April 27. On April 29, media should meet public affairs representatives in the south side parking lot of the Marvin Leath Visitors Center at 9:45 a.m.