This is an announcement for the paper "Functional completions of archimedean vector lattices" by Gerard Buskes and Chris Schwanke. Abstract: We study completions of Archimedean vector lattices relative to any nonempty set of positively-homogeneous functions on finite-dimensional real vector spaces. Examples of such completions include square mean closed and geometric closed vector lattices, amongst others. These functional completions also lead to a universal definition of the complexification of any Archimedean vector lattice and a theory of tensor products and powers of complex vector lattices in a companion paper. Archive classification: math.FA Mathematics Subject Classification: 06F20, 46A40 Submitted from: mmbuskes@olemiss.edu The paper may be downloaded from the archive by web browser from URL http://front.math.ucdavis.edu/1410.5878 or http://arXiv.org/abs/1410.5878