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Posts Tagged ‘BRAC’

Developers, Retailers, Universities Eye Walter Reed Property

  • October 15, 2012
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As the District of Columbia prepares to search for a master developer for the former Walter Reed Army Medical Center, a variety of national grocers and other retailers are considering locating there. The site’s reuse plan calls for a town center to satisfy the Upper Northwest Washington neighborhood’s need for more retail options. The 66.6 acres of the property available for local reuse will feature 3.1 million square feet of development, including 212,000 square feet of retail ….

Hampton Officials Pursue State Funds to Limit Encroachment at Langley AFB

  • October 14, 2012
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Business leaders in Hampton Roads, Va., are mounting a campaign for the commonwealth of Virginia to provide $6 million over two years to enlarge the clear zone surrounding Langley Air Force Base. The city of Hampton has said it would match the funds, which would be used to purchase up to 20 sites on the western border of the installation. Purchasing the properties is a top goal in the Virginia Peninsula Chamber’s effort to protect Langley from a future downsizing or closure …

Dayton Group Goes All in to Protect Wright-Patterson

  • October 14, 2012
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Dayton officials have made it clear they are not leaving anything to chance when it comes to future BRAC rounds after hiring a former vice chief of staff of the Air Force and multiple consulting firms as part of an effort to preserve and attract new missions to Wright-Patterson Air Force Base. “You can’t start early enough for the base closure process,” said Michael Gessel, vice president of federal government programs for the Dayton Development Coalition …

LRA for Kansas Plant Marks Grand Opening of Great Plains Industrial Park

  • October 11, 2012
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Kansas officials on Thursday held a ribbon-cutting to celebrate the opening of the Great Plains Industrial Park, the redevelopment project at the former Kansas Army Ammunition Plant in southeast Kansas. Kansas Gov. Sam Brownback, Sen. Jerry Moran and Rep. Lynn Jenkins spoke at the ceremony that marked the beginning of efforts to attract tenants to the site. “To be on the ground floor of something like this is fantastic,” said Dan Goddard …

Riverbank Ammo Plant LRA Issues RFQ for Master Developer

  • October 9, 2012
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The Riverbank Local Redevelopment Authority has issued a request for qualifications for a master developer of the Riverbank Industrial Complex (formerly Riverbank Army Ammunition Plant) in Riverbank, Calif. The project would result in development and reuse of at least 104 acres of land with a potential for up to 139 acres depending on whether or not some property to be sold by the Army is included …

Groups Appear to Reach Deal on Managing Federal City Project

  • October 9, 2012
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After more than a year of wrangling, the New Orleans Federal Alliance and the board of the Algiers Development District appear to have come to an agreement over how they will jointly manage the Federal City project, a public-private development located at the former Naval Support Activity New Orleans. On Sunday, the alliance signed a cooperative endeavor agreement that outlines how the two groups will share responsibility for managing the project …

Kansas Ammo Plant LRA Looks ahead to Vibrant Industrial Park

  • October 4, 2012
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The Great Plains Development Authority next week will hold a formal ceremony celebrating the transfer of much of the former Kansas Army Ammunition Plant and marking the beginning of the LRA’s effort to attract economic activity to the Great Plains Industrial Park. “Now the exciting part starts,” said the authority’s executive director, Dan Goddard, reported the Salina Journal. “Actually, most of the work is ahead of us …

New President of Robins AFB Support Group Outlines BRAC Strategy

  • October 3, 2012
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To protect Robins Air Force Base in the next BRAC round, the 21st Century Partnership needs to raise $5 million over the next five years and assess how the Middle Georgia installation would be evaluated according to the likely BRAC criteria, Robert McMahon, the base support group’s new president and CEO, said last week. McMahon’s plan, which the partnership approved, calls for preparing studies on a range of factors, including Robins’ operational performance and quality of life. “No one should be surprised when the results of the next BRAC come out, what those results say about us,” he said. McMahon, who was the commander of Warner Robins Air Logistics Center when he retired from the Air Force this summer, said he expects the next BRAC round to occur in 2015 or 2017, reported the Telegraph.

Governor Vetoes Replacements for California Redevelopment Agencies

  • October 2, 2012
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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 …

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

  • September 28, 2012
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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 …

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