Roosevelt Roads Auction Scheduled for February
The Navy will conduct an online auction for 2,036 acres at the former Naval Station Roosevelt Roads located on the eastern tip of Puerto Rico starting Feb. 13, the BRAC Program Management Office said this week.
The auction, which previously had been scheduled to commence today, will offer two separate parcels:
- Parcel I covers 1,539 acres and offers a variety of potential reuses, including a town center, recreation, a retreat/conference/learning center and collateral development; and
- Parcel II consists of 497 acres and includes hundreds of existing homes and other buildings; the parcel is designated for a residential, corporate and institutional community.
The planned auction would be the Navy’s second attempt after it initially held one for the same two parcels in April 2008. During that attempt, the service received only a few bids, and none met the minimum bid price.
An open house for interested parties will be held at the installation from Jan. 24-Jan. 26. For more information about the property, and to obtain the invitation for bid, visit the auction website.