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Posts Tagged ‘economic development’

Grissom Prepared for Takeoff

  • April 1, 2015
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The newly formed Grissom Regional Defense Alliance has declared that the active and redevelopment missions at the north-central Indiana site are ready to grow. Grissom Air Reserve Base is prepared to take on more military personnel, while Grissom Aeroplex, the business park adjacent to the base, is poised to attract major defense and aerospace companies. The alliance was formed last month as a subcommittee of the Miami County Economic Development Authority. The alliance has started a campaign to increase activity at the base and the business park that could transform the area into a bigger economic powerhouse …

Navy Reaches Penultimate Step in Horsham Environmental Review Process

  • March 22, 2015
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A final environmental impact statement (EIS), which favors the local redevelopment authority’s reuse plan, has been issued by the Navy …

Three Finalists Make Pitch for Concord Redevelopment

  • March 19, 2015
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Three real estate companies competing to be the master developer of the former Concord Naval Weapons Station presented their proposals to the LRA on Saturday. Catellus Development Corp., Lennar Urban and SunCal have offered proposals for what is described as one of the largest projects in the Bay Area …

GAO: Improve BRAC Homeless Assistance Process

  • March 18, 2015
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During the 2005 BRAC homeless assistance process, it took the U.S. Department of Housing and Urban Development (HUD) an average of 666 days to approve the 51 redevelopment plans that included notices of interest for homeless assistance, adding to the delay in providing homeless assistance in base closure communities and slowing the base reuse process, according to a new Government Accountability Office (GAO) report. …

Fort Ord Panel OKs Economic Development Plan

  • March 18, 2015
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The Fort Ord Reuse Authority late last week approved a $250,000 economic development plan for the former Army base in Monterey County, California. As part of the plan, the authority will hire a development coordinator, donate to California State University Monterey Bay entrepreneur events, join an economic partnership and assign staff resources to the effort. …

DOD Grant Helps South Carolina Defense Firms Diversify

  • March 16, 2015
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Two state agencies in South Carolina are helping defense businesses diversify into other industries through a $700,000 grant from DOD’s Office of Economic Adjustment. The initiative — offered through the Department of Employment and Workforce and the Department of Commerce — is intended to help businesses in the defense industry prepare for reductions in spending by DOD. The program offers companies support in strategic planning, sales and marketing, lean product development and quality certifications, reported GSA Business. Two industries that defense firms are being encouraged to pursue are aerospace and automotive …

Community-Military Partnerships under Discussion at Robins AFB

  • March 15, 2015
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Officials in Middle Georgia are working on a plan that would allow commercial use of airside facilities at Robins Air Force Base. The 21st Century Partnership and the Houston County Development Authority are developing the plan, and so far Air Force officials are encouraging the groups to move forward, reported the Telegraph. The plan likely would provide lease revenue to the installation and support development of the region’s aircraft maintenance, repair and overhaul industry, said Charles Stenner, CEO of the 21st Century Partnership. “We think we’ve got a start [on getting] a handle on all the things that will be required, and now we’ve got to get on down the road …

EDA Grant to Support Demolition Project at Brooks City Base

  • March 11, 2015
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The U.S. Economic Development Administration has awarded Brooks City Base a $1.2 million grant to demolish 23 former military buildings that will create space for future development on San Antonio’s Southeast Side. The project’s total cost is about $2.4 million. The targeted buildings were deemed unsuitable for reuse and are either vacant or lacking in modern efficiencies. Redevelopment of the property could lead to the creation of 1,500 jobs, according to a press release. “Brooks City Base has transformed into a thriving mixed-use community but, as a former military base, there are still several small, old or otherwise unusable buildings that we need to remove before we can fully maximize our potential,” said Brooks City Base President & CEO Leo Gomez …

Carter Testimony Highlights BRAC Successes

  • March 8, 2015
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The 19-page testimony on DOD’s fiscal 2016 budget request that Secretary Ashton Carter submitted to two congressional committees last week argued for a BRAC round in 2017, but it also included a nod to several communities that have successfully recovered from a base closure. The justification for a new round is clear, Carter says. “Simply put, we have more bases in more places than we need. We estimate DOD has about 25 percent more infrastructure capacity than necessary,” according to his written testimony. “We must be permitted to divest surplus infrastructure as we reduce and renew force structure. With projected recurring savings from a new BRAC round totaling some $2 billion a year, it would be irresponsible to cut tooth without also cutting tail …

OEA Providing Assistance to Communities Coping with Defense Industry Cutbacks

  • March 8, 2015
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Communities responding to the cancellation of a defense contract or a major reduction in DOD spending that results in a significant economic impact can apply to DOD’s Office of Economic Adjustment for planning assistance to carry out community adjustment and economic diversification activities, according to an announcement scheduled to be published Monday in the Federal Register. To be eligible, state or local governments, or regional entities need to have experienced one of the following circumstances: a publicly announced planned major reduction in DOD spending; the cancellation or termination of a DOD contract; or the failure to proceed with an approved major weapons system program …

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