image description

Posts Tagged ‘base redevelopment/environmental cleanup’

Governor Vetoes Replacements for California Redevelopment Agencies

  • October 2, 2012
  • comments: 0

California Gov. Jerry Brown vetoed six measures Saturday intended to restore some of the economic development tools to municipalities lost after the state eliminated its 400-plus redevelopment agencies last year. One measure, AB 2144, would have allowed cities to create “infrastructure and revitalization financing districts” if approved by 55 percent of voters. Another bill, SB 1156, would have allowed municipalities to set up joint powers authorities to finance projects within sustainable community investment areas …

New Fiscal Year, New Air Force Agency to Handle Installation Support

  • September 30, 2012
  • comments: 0

The Air Force is scheduled to hold a ceremony Monday morning in San Antonio to mark the merger of the service’s three civil engineering field operating agencies into a new organization responsible for installation support. The Air Force Civil Engineer Center merges the missions of the Air Force Real Property Agency and the Air Force Center for Engineering and the Environment with the Air Force Civil Engineer Support Agency in an effort to streamline operations and reduce manpower amid a climate of constrained funding …

Chinese Loan to San Francisco Reuse Projects Held up over Tax Laws

  • September 28, 2012
  • comments: 0

A $1.7 billion loan from state-supported China Development Bank to Lennar Corp. to convert two former naval bases in San Francisco, Treasure Island and Hunters Point Naval Shipyard, into large-scale housing projects is being held up over concerns about the impact of U.S. tax policies. The bank’s primary concern is the Foreign Accounts Tax Compliance Act, which could require foreign banks to pay a 30 percent withholding tax on interest income earned on loans to U.S. entities …

Brunswick LRA Sells Navy Hotel, Housing

  • September 27, 2012
  • comments: 0

The LRA for the former Brunswick Naval Air Station this week approved the sale of a 248-room hotel and 190 housing units for $6 million to the developer that previously purchased 700 units of former base housing. Affordable Midcoast Housing will use the buildings to house Navy personnel assigned to shipbuilder Bath Iron Works. The Midcoast Regional Redevelopment Authority originally had planned to turn the base hotel into a conference center, but a recent analysis concluded that Maine’s Midcoast region could not support a new conference center or hotel …

Plattsburgh Redevelopment Nearing End Zone after Conveyance Completion

  • September 26, 2012
  • comments: 0

The Plattsburgh Airbase Redevelopment Corp. is “at the 3-yard line,” President and CEO Bruce Steadman told its board of directors this week, according to the Press-Republican newspaper.

The Air Force last week officially transferred to Clinton County, N.Y., the final parcel of the former Plattsburgh Air Force Base…

Court Ruling Favors Alameda over Lawsuit from Master Developer

  • September 20, 2012
  • comments: 0

A federal judge this week dismissed a claim by the former master developer of Naval Air Station Alameda for $17 million in out-of-pocket costs, limiting SunCal Companies’ claim to return of its $1 million dollar deposit. SunCal sued Alameda two years ago claiming the city failed to act in good faith after it ended exclusive negotiations with the firm over development at Alameda Point …

Joint-Use Airports Lead New Selections to FAA’s Military Airport Program

  • September 19, 2012
  • comments: 0

The Federal Aviation Administration last week selected six new airports to participate in the 2012 Military Airport Program, including three joint-use airports. The joint-use airports selected are: Northwest Florida Regional Airport at Eglin Air Force Base, Valparaiso, Fla.; Sheppard AFB/Wichita Falls Municipal Airport, Wichita Falls, Texas; and March Inland Port/March Air Reserve Base, Riverside, Calif. The other airports selected are located at former military bases: Griffiss International (Griffiss AFB), Rome, N.Y.; Castle Airport (Castle AFB), Merced County, Calif.; and Kalaeloa Airport/John Rodgers Field (Naval Air Station Barbers Point), Kapolei, Hawaii.

Triumph Negotiating Lease for Former Vought Plant in Dallas

  • September 18, 2012
  • comments: 0

A spokeswoman for Triumph Aerostructures confirmed last week the company was still negotiating lease terms for its Dallas plant, according to the Dallas Star-Telegram…

Irvine Mulls Developer’s Offer to Build Orange County Great Park

  • September 14, 2012
  • comments: 0

FivePoint Communities, the developer of the former Marine Corps Air Station El Toro, is offering to contribute an additional $631 million to the city of Irvine’s effort to build the Orange County Great Park in Southern California in an attempt to bolster prospects for the housing and commercial development it plans to build there. Under the offer from FivePoint — a spinoff of Lennar Corp., which bought El Toro for $650 million in 2005 — the city would receive $211 million upfront and about $430 million over 30 years …

Riverbank LRA Approves Search for Master Developer

  • September 12, 2012
  • comments: 0

The Riverbank City Council this week voted to issue a request for qualifications from firms interested in becoming the master developer for the former Riverbank Army Ammunition Plant. The city assumed control of the plant in April 2010 through a no-cost lease with the Army; eventually it expects to own the site, now called the Riverbank Industrial Complex. The reuse plan calls for turning the ammunition plant into a regional industrial park focused on clean energy and green technology …

Array ( )