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Posts Tagged ‘base redevelopment/environmental cleanup’

Turnaround Company Poised to Take over South Weymouth Redevelopment

  • May 10, 2015
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Two years after Starwood Land Ventures gained control of the redevelopment of the former South Weymouth Naval Air Station from the project’s initial master developer, a new firm is promising to revitalize the long-stalled effort. After signing a purchase and sale agreement, Raleigh, N.C.-based LStar Management is scheduled to complete its purchase of Starwood’s stake in SouthField, located outside of Boston, on Wednesday. The transaction would represent the latest chapter in a reuse effort that has made only limited headway since the air station closed in 1997. Progress on commercial development at the base has languished, although home construction began in 2011 …

New Effort Advances to Ease HUBZone Requirements at BRAC Sites

  • May 3, 2015
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The House Armed Services Committee last week added language to the fiscal 2016 defense authorization bill that would make it easier for tenants located at closed installations to qualify for the Small Business Administration’s HUBZone program, the first step in the most recent effort by Maine’s congressional delegation to support the reuse project at the former Brunswick Naval Air Station. Maine Rep. Bruce Poliquin sponsored the amendment which would allow a business to qualify for the HUBZone program — an initiative offering preferential access to federal procurements to businesses in distressed areas — if 35 percent of its employees live within a 25-mile radius of the closed installation. BRAC installations currently are designated as HUBZones for five years after they are formally closed. For a particular business to qualify for the program, however, 35 percent of its employees must live on the closed base, a threshold that is virtually unattainable …

Milcon Spending Bill Advances in House

  • April 22, 2015
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The House Appropriations Committee on Wednesday approved a $76.6 billion fiscal 2016 spending bill for military construction and veterans affairs that provides a significant boost for military construction and family housing after spending on those programs dropped about one-third in the current year. Under the bill, military construction and family housing spending would rise $900 million over FY 2015 levels to $7.7 billion. The House’s proposal, however, still falls short of the Obama administration’s request for $8.4 billion in FY 2016. Milcon funding dropped in the current year as DOD opted to defer a portion of its construction program to fund higher priorities such as operations and readiness …

Atlanta May Need to Help Finance Sale of Ft. McPherson

  • April 22, 2015
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The Atlanta City Council this week approved extending a $13 million line of credit to the Fort McPherson LRA, allowing the purchase of 330 acres of the post by filmmaker Tyler Perry to go ahead. Mayor Kasim Reed requested the line of credit as a backstop in the event the McPherson Implementing Local Redevelopment Authority is unable to pay the Army the $26 million it is asking for the 488-acre installation. Reed told the council it needed to act with urgency …

Lennar, Catellus Move on in Master Developer Competition for Concord Redevelopment

  • April 15, 2015
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The Concord City Council on Tuesday selected Lennar Urban and Catellus Development Corp. as finalists to redevelop the former Concord Naval Weapons Station into more than 12,000 units of housing and more than 6 million square feet of commercial property. The council is expected to select a master developer for the East Bay site in northern California this summer. Its decision matched an advisory board’s recommendation that Lennar and Catellus had more extensive experience converting closed bases into large-scale, mixed use projects than a third candidate, SunCal …

Tourism Zone to Provide Development Incentives at Ft. Monroe

  • April 12, 2015
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The Hampton City Council last week created a tourism zone at the former Fort Monroe, Va., a designation providing tax incentives and financing options for hotels, restaurants and other tourism-related projects. The council established two zones, covering multiple neighborhoods. “Those areas are ripe for tourism-related growth and development,” said Hampton Economic Development Director Leonard Sledge. The most significant incentive localities can offer a developer under the state initiative is a tax arrangement covering up to 30 percent of a project’s total construction cost …

Driverless Car Test Site at Closed Base to Provide Long-Term Gains to Concord

  • April 8, 2015
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Officials from the city of Concord and the Contra Costa Transportation Authority believe a new testing facility for self-driving cars established at the former Concord Naval Weapons Station in northern California will prove a boon for economic development and further the city’s pursuit of advanced manufacturing jobs. Last week the transportation authority announced that Honda would join Mercedes-Benz in testing autonomous vehicles at the 2,100-acre GoMentum Station, a research and testing hub for self-driving cars, vehicles equipped with technology to communicate with each other, “smart” traffic signals and other new technologies. The two auto manufacturers plan to take advantage of the shuttered base’s 20 miles of paved roads, including railroad crossings, parking lots, curved roadways, tunnels and streets laid out like a city grid …

Army Completes Disposal of Kansas Ammo Plant through Auction

  • April 7, 2015
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A New York investment firm last week completed the purchase of a 10-acre parcel at the former Kansas Army Ammunition Plant after submitting the winning bid in an auction conducted by the General Services Administration. Cornwall Specialty Trading purchased the tract, which contains the plant’s former 67,000-square-foot administration building, for $282,777. The transaction marks the completion of the Army’s disposal of the 14,000-acre facility in southeastern Kansas that was shuttered following the 2005 BRAC round. The Great Plains Development Authority is the major property owner with 7,000 acres. The facility’s munitions manufacturer, Day & Zimmermann, purchased 4,000 acres to continue operations at the plant. Production, however, has been shut down, Ann Charles, assistant director of the authority, told 360. The Kansas Department of Wildlife, Parks and Tourism holds the title to the remaining 3,000 acres. Charles said the authority will help Cornwall market its parcel as part of its efforts to market the Great Plains Industrial Park. The LRA also will provide caretaker services for the investment firm’s parcel.

Presidio Solicits Input from San Francisco Residents on New Park

  • April 6, 2015
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The Presidio Trust last month began gathering public input about alternative designs for transforming the former San Francisco installation by creating an unbroken landscape from the main post of the historic Army installation to Crissy Field and San Francisco Bay. The “New Presidio Parklands,” a 13-acre tract, is being made possible by the construction of a bluff to cover the rebuilt Doyle Drive which runs through the Presidio connecting San Francisco to the Golden Gate Bridge. The trust views the project as a starting point for visiting the Presidio and the larger Golden Gate National Recreation Area, reported the San Francisco Chronicle …

Bison to Roam Site of Former Joliet Arsenal

  • April 5, 2015
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The former site of a munitions manufacturing plant located 40 miles southwest of Chicago soon will be the home of a herd of bison following a decision by the U.S. Forest Service to reintroduce the animals to the Midewin National Tallgrass Prairie. The 19,000-acre prairie will start with a mix of 26 young and mature bison — possibly as soon as this fall — but the 1,200-acre tract set aside for the effort eventually could support a herd of about 100, reported the Chicago Tribune. “It’s a national treasure landscape we have here, and this is just another way we can further our mission of restoring a tallgrass prairie, using bison which roamed the prairies in the past in the state of Illinois,” said Wade Spang, prairie supervisor …

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