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Posts Tagged ‘economic development’

$2M Federal Grant Helps Establish Manufacturing Accelerator at Brunswick

  • October 23, 2013
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A $2 million federal grant awarded to the LRA responsible for redeveloping the former Naval Air Station Brunswick and the regional workforce development board for Maine’s coastal counties will help establish an advanced manufacturing accelerator at Brunswick Landing. TechPlace will be an advanced office, shop, laboratory and workspace for high-tech research, development and manufacturing. When completed, TechPlace will provide an ideal location for the Midcoast Regional Redevelopment Authority’s (MRRA) target industries — aerospace, aviation, composites/advanced materials, biotechnology and renewable energy …

Residents Offer Ideas for Town Center at Alameda Point

  • October 21, 2013
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A ferry terminal, a public plaza and areas for boaters and kayakers are all proposed to be built in a new “town center” on the grounds of the former Alameda Naval Air Station. The Alameda Planning Board received public comments on the plan Oct. 14…

Former Ohio Defense Facility Poised for Growth

  • October 1, 2013
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A major tenant at Kettering Business Park, the reuse project at the former Defense Electronics Supply Center outside of Dayton, Ohio, may be bringing new jobs to the development to support manufacturing operations for Airbus. The aviation hub for the international aircraft manufacturer could move into a vacant, 200,000-square-foot building and potentially require new space to be built, said Lisa Novelli, president of the National Composite Center …

Fort Polk Ranks as Louisiana’s Top Military Source of Spending

  • September 16, 2013
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DOD spending at installations, defense contracts and payments to military retirees generated a total economic impact of $8.7 billion in Louisiana in fiscal 2012, according to the summary of a study commissioned by the state. Fort Polk had the single largest impact of the state’s seven major military facilities, contributing $1.3 billion to the state’s economy. The post was responsible for 16,000 jobs and almost $600 million in payroll …

Aircraft Repair Firm to Relocate to Brunswick Landing

  • September 4, 2013
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The Midcoast Regional Redevelopment Authority (MRRA) has landed a new tenant that is expected to bolster the LRA’s plans to convert the former Naval Air Station Brunswick into a high-tech campus focusing on aviation, renewable energy and advanced composites. Tempus Jets will lease nearly 35,000 square feet of hangar and office space to move its aircraft maintenance, repair and overhaul (MRO) business from Newport News, Va., to Brunswick Executive Airport, the firm announced Wednesday …

It’s Not Just the Economy, Stupid!

  • September 3, 2013
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It’s no secret that real estate market has been hurt by the nation’s slow recovery from the Great Recession and that developers remain cautious amid hobbled credit markets and uncertainty regarding federal spending. But amid those global factors, a variety of emerging “super trends” are taking hold, offering guidance for LRA directors and other economic development professionals involved in complex and large-scale redevelopment projects …

States Look to Soar as Commercial UAS Industry Takes Off

  • August 18, 2013
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State officials and others working to boost their region’s economic development prospects are positioning themselves to benefit from expected growth in the commercial market for unmanned aircraft systems (UAS). The Federal Aviation Administration’s competition to host one of six research and test sites for integrating UAS with manned aircraft is only the next step as states vie to attract development as the market expands from primarily military applications to a myriad number of civilian uses …

ADC Forum to Focus on Challenges Associated with Large-Scale Redevelopment

  • August 4, 2013
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In seven weeks, ADC will hold its inaugural Base Redevelopment Forum in Portland, Maine, a three-day event designed to support the needs of economic development professionals involved in complex and large-scale redevelopment projects. The event will be far different from past ADC conferences — and not just because of its focus on redevelopment issues — but because the programming will be centered around the “tools of the trade” that redevelopment authorities need to succeed, including functional and leadership skills as well as a broader understanding of current trends …

Proving Ground Neighbor Seeks to Become ‘Furlough-Friendly Community’

  • July 24, 2013
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In a bid to ease the pain of furloughed defense workers and attract new customers at the same time, participating businesses in Havre de Grace, Md., are offering 20 percent discounts to all federal workers being forced to take unpaid leave. The discount is intended to match the loss in pay suffered by more than 11,500 civilian workers at nearby Aberdeen Proving Ground …

Officials Celebrate Arrival of F-35 at Cherry Point Readiness Center

  • July 15, 2013
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Marine Corps leaders and elected officials hailed the arrival for modifications of the first F-35B Lightning II at Fleet Readiness Center (FRC) East on Monday as the key to preserving a bright future for the depot, Marine Corps Air Station Cherry Point and eastern North Carolina. “This is the day that we’ve been waiting for, the day that we’ve been waiting for for years,” said Havelock Mayor Jimmy Sanders, president of Allies for Cherry Point’s Tomorrow. “This is the future of Cherry Point and FRC East. It couldn’t get much better unless this hangar was full of aircraft …

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