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Posts Tagged ‘economic development’

Central Florida County Wins Grant to Attract Industry Compatible with Air Force Range

  • March 9, 2014
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A state grant awarded to Highlands County will help officials in Central Florida promote economic development outside Avon Park Air Force Range. The $40,000 grant was awarded by Enterprise Florida under its defense reinvestment grant program, which is intended to support military installations and help surrounding communities diversify their economies. Funds from the grant can cover studies, presentations, analysis, plans, marketing and modeling …

New Roads Help Ft. Belvoir Open up to Neighbors

  • February 27, 2014
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For many Northern Virginia residents, the primary impact of the skyrocketing growth at Fort Belvoir and several satellite sites since the 2005 round of base closures has been increased traffic congestion in the eastern portion of Fairfax County. With the June opening of a new road that will allow commuters to cut through the main post and the widening of another highway that traverses the installation slated to begin shortly, traffic woes suffered by Fort Belvoir’s neighbors may begin to ease …

Crystal City Developer Pins Reuse Plans on Tech Workers

  • February 27, 2014
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The largest owner of real estate in the Northern Virginia community affected by the Pentagon’s decision to abandon leased space during the last BRAC round is looking to metropolitan Washington tech workers to fill its empty buildings in Crystal City. One initiative Vornado Realty Trust plans is to invest in the $50 million Crystal Tech Fund, which shortly will open a facility in Crystal City for investing in early-stage tech companies …

DOD to Create Innovation Centers in Michigan, Illinois

  • February 26, 2014
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The Pentagon will establish two manufacturing innovation institutes that would bring together companies, universities, federal agencies and other institutions to strengthen the nation’s advanced manufacturing capabilities, promote the development of cutting-edge products and foster economic growth, President Obama announced Tuesday, alongside governors from Michigan and Illinois. Under the plan, a group of businesses and universities in the Detroit area will focus on lightweight and modern metals manufacturing, and a Chicago-headquartered consortium of businesses and universities will concentrate on digital manufacturing and design technologies …

Ceremony Highlights Cooperation between Local Officials, Coast Guard to Build Museum

  • February 20, 2014
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City and state officials signed a memorandum of agreement Wednesday with the commandant of the Coast Guard outlining the responsibilities of each party in building an $80 million National Coast Guard Museum in downtown New London, Conn., marking a key step in moving the project forward. Under the agreement, New London will donate land along the Thames River to the Coast Guard for the museum, as well as spend $20 million for a pedestrian bridge leading to the museum and provide land for a new ferry terminal …

City Acts to Spur Development outside of Fort Polk

  • February 9, 2014
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The city of Leesville closed in on its goal of attracting commercial and residential development outside the gates of Fort Polk, after the city council last month approved an agreement allowing Leesville to acquire property needed for water infrastructure improvements along a highway and a proposed parkway connecting it to the post in west-central Louisiana. “The acquisition of water assets along La. 467 and the proposed parkway between La. 467 and La. 468 will bring us one step closer to creating a well-developed urban area just outside Fort Polk’s gates …

BRAC Spurred Wichita Falls to Diversify Its Economy

  • February 4, 2014
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Evidence of Wichita Falls’ effort to diversify its economy in the wake of the 2005 BRAC round can be seen throughout the city, with a number of projects focused on beautifying its downtown and enhancing its infrastructure. After Sheppard Air Force Base lost a key mission in the last base closure round, including 400 instructors and 7,000 students annually, the city crafted a plan for expanding its economic base by 2020 …

Forest City Drops out of Ft. McPherson Reuse Project

  • January 27, 2014
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Forest City Enterprises severed ties with the effort to convert the former Fort McPherson in southwestern Atlanta into a mixed-use, walkable community, the company said last week. The departure of Cleveland-based Forest City still leaves two local firms involved with the redevelopment of the 486-acre site — Cousins Properties and Integral Group. “We’re local. We’re not going anywhere,” said Larry Gellerstedt, chief executive of Cousins Properties …

Orlando Leaders Need State Money to Protect Simulation Cluster

  • January 22, 2014
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Central Florida leaders plan to ask state lawmakers for funding to expand an Orlando research park that is home to key components of the region’s defense simulation cluster, as part of an effort to stave off a possible move by DOD to realign those assets to other locations with simulation and training specialties. A coalition of political, education and business leaders is hoping to add a $60 million complex to the Central Florida Research Park that would be leased at no cost to the military. Most importantly, the new facilities would provide space for DOD to expand at the park …

North Carolina Needs to Diversify Economies of Defense Communities, Official Says

  • January 8, 2014
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In anticipation of the significant changes coming to military installations in eastern North Carolina, state officials are considering investing in industries that won’t be affected by the defense drawdown. “We are trying to diversify the economy of eastern North Carolina and the whole state. We want to surround our military installations with business that will last as our situation ebbs and flows,” said Sharon Decker, the state’s secretary of commerce …

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