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Posts Tagged ‘BRAC’

Bill Would Expand HUBZone Boundaries, Benefit BRAC Sites

  • February 4, 2013
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Legislation sponsored by Maine’s two senators would make it easier for tenants located at bases closed in the last BRAC round to qualify for the HUBZone program, a Small Business Administration initiative offering preferential access to federal procurements to businesses in distressed areas. Currently, BRAC installations are designated as HUBZones for five years after they are formally closed. The law, however, defines the geographic boundaries of those HUBZones as the borders of the closed installation, making it extremely difficult for companies to meet one of the program’s criteria — 35 percent of their employees must live within the HUBZone …

District Launches Search for Walter Reed Developer

  • February 3, 2013
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The District of Columbia last week issued a request for qualifications from prospective firms to be the master developer for 66.6 acres at the former Walter Reed Army Medical Center in Upper Northwest Washington. The city’s reuse plan for the site, which will feature a town center, calls for 1,864 multi-family housing units, 90 townhomes, 767,000 square feet of office space, 212,000 square feet of retail, and 176,000 square feet of other uses such as arts and entertainment …

Selection of Reliever Landing Field to Ease Pressure on NAS Oceana

  • February 3, 2013
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The Navy’s selection of an alternate landing site for turboprop aircraft based in Norfolk, Va., will save the government millions of dollars and, more importantly, reduce the risk that Naval Air Station Oceana in Virginia Beach is closed in a future BRAC round, according to the region’s congressional delegation. The Navy had spent several years looking for an alternate practice facility to relieve congestion at Fentress Naval Auxiliary Landing Field, which primarily is used by squadrons of F/A-18 Hornets and Super Hornets from nearby Oceana …

Tremendous Growth Prompts New Master Plan for Philadelphia Navy Yard

  • February 3, 2013
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The city of Philadelphia on Friday unveiled a new master plan for the former Philadelphia Navy Yard, a move necessitated by the remarkable investment and job growth the base has experienced since most naval activities shut down following the 1995 round of BRAC. Since 2000, when the city acquired 1,000 acres from the Navy, more than $130 million in publicly funded infrastructure improvements has leveraged more than $700 million in private investment …

Ft. Monmouth LRA Secures Anchor Tenant

  • January 30, 2013
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The Fort Monmouth Economic Revitalization Authority gained its first commercial tenant this week after a data management software firm agreed to construct its headquarters on a 55-acre parcel at the former post located in coastal New Jersey. In the next several weeks, CommVault Systems plans to begin initial site work on the first phase of its headquarters, which includes a $70 million, 275,000-square-foot building, reported NJBIZ. The headquarters will require three construction phases over 20 years …

New BRAC Round Would Be Considered for Savings, Hagel Says

  • January 30, 2013
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Former Nebraska Sen. Chuck Hagel said he would consider carrying out a base closure round as a prudent option to cope with budget constraints, according to the responses the nominee for defense secretary submitted to policy questions from the Senate Armed Services Committee. “As with industry, the department should examine its infrastructure and eliminate excess. The BRAC process is not perfect, but I believe BRAC is a fair and comprehensive way to right-size the department’s footprint, and is the best process identified to date …

Housing Groups Urge City to Modify Development Plan at Alameda Point

  • January 29, 2013
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At a hearing of the Alameda Planning Board, housing advocates on Monday urged the city to increase the number of homes developed at the former Naval Air Station Alameda beyond what is called for in the existing reuse plan by building a mix of housing types, from apartments to single-family homes. The advocates asked city officials to assess the impact of building up to 4,500 homes at Alameda Point when they conduct an environmental study of the project’s impacts …

Weymouth Officials Not Concerned over LNR Sale

  • January 28, 2013
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Last week’s sale of LNR Property LLC, the parent company of the master developer of the former South Weymouth Naval Air Station located outside of Boston, should not affect the project now called Southfield, according to Weymouth officials. On Thursday, Greenwich, Conn.-based Starwood Property Trust and Starwood Capital Group announced they had agreed to pay $1.05 billion to buy LNR …

Colorado Falling Behind Other States’ BRAC Efforts, Leaders Say

  • January 27, 2013
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Local leaders in Colorado Springs, Colo., are urging city and state officials to develop a forward-looking approach to the next BRAC round, which many believe may be only a couple of years away. “We need an aggressive statewide strategy to protect and enhance current missions,” Scott Bryan, a member of the Regional Coalition for Federal Strategic Action, told the Colorado Springs Business Journal. “It’s a chance to grow the capacity to expand the defense presence here — and we should commit resources to that …

Sacramento County to Accept 528-Acre Parcel at McClellan AFB via Early Transfer

  • January 24, 2013
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Sacramento County and its developer McClellan Park LLC shortly will receive 528 acres of land at the former McClellan Air Force Base in the third early transfer of property at the Northern California base. In addition to accepting the parcel, the county and its developer will take on responsibility for cleaning up the first 15 feet of soil below the surface of the property …

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