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Posts Tagged ‘economic development’

State Commits $2.9M to Upgrade Innovation Center at Hanscom AFB

  • December 11, 2014
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The commonwealth of Massachusetts and the Air Force this week celebrated the re-branding of a facility at Hanscom AFB that both parties hope will foster leading-edge advances in defense applications, cyber defense, IT and public safety. The Hanscom Collaboration and Innovation Center, formerly known as the CEIF — Command, Control, Intelligence, Surveillance and Reconnaissance Enterprise Integration Facility — will expand its role to include industry, technical consortia, federally funded research and development centers, and academia, as well as federal, state and municipal public safety officials …

Lawmakers Forego Changes to HUBZone Program Benefitting BRAC Sites

  • December 4, 2014
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The final version of the fiscal 2015 defense authorization bill does not include a provision intended to make it easier for tenants located at closed installations to qualify for the HUBZone program, a Small Business Administration initiative offering preferential access to federal procurements to businesses in distressed areas. Language in the version passed by the Senate Armed Services Committee in May, added by Maine Sen. Angus King (I), would have expanded the geographic boundaries of HUBZones at BRAC sites to include the town or county where the installation is located, or census tracts contiguous to the installation …

McAlester Seeks Consultant to Develop Defense Sector Economic Development Strategy

  • November 11, 2014
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The city of McAlester, Okla., and the McAlester Defense Support Association have issued a request for proposal notification seeking a consultant to develop a multifaceted McAlester defense sector economic development strategy focused on ensuring the long-term viability of the McAlester Army Ammunition Plant, Choctaw Defense and all southeast Oklahoma defense- and homeland security-related industries. Further, the consultant shall provide ongoing technical assistance promoting military-and homeland security-related interests in southeast Oklahoma throughout the term of the professional services agreement. The RFP can be obtained by contacting Leroy Alsup, community and economic development director for McAlester, at 918/423-9300 ext. 4951 or The deadline for responses to the RFP is 5 p.m. (CST) on Dec. 15.

New River Crossing to Jump Start Development outside Offutt AFB

  • November 10, 2014
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A ballot measure approved last week by residents of Bellevue, Neb., gives the city a new tool to promote economic development which could benefit neighboring Offutt Air Force Base. The measure allows Bellevue to spend up to $750,000 annually on activities such as building infrastructure, purchasing land, issuing loans and awarding grants, reported the World-Herald News Service. The initiative, led by the local chamber of commerce, is intended to stimulate development along Highway 34 which runs south of Offutt. A new bridge over the Missouri River connecting Nebraska and Iowa along Highway 34 opened last month. Communities on the Iowa side of the river also are trying to attract development triggered by the new river crossing. Many employees at Offutt live in southwest Iowa communities, so development on either side of the river would benefit the installation.

Middle Georgia Receives OEA Grant for Economic Diversification

  • November 6, 2014
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The Middle Georgia Regional Commission has received a $650,117 grant from DOD’s Office of Economic Adjustment to support the growth and diversification of the region’s economy, the commission announced last week. The grant, which will be matched with $116,946 of local funds, will support Middle Georgia’s 11 counties and 21 cities. The grant will be made up of two components — the creation of an innovative regional leadership program and the development of several regional asset maps …

State Investment in Electric Boat Bolsters Defense Manufacturing Sector

  • October 29, 2014
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The state of Connecticut will provide Electric Boat with a $10 million loan to support an expansion at its Groton facility that will add up to 200 jobs, Gov. Dannel Malloy (D) announced Wednesday. Electric Boat’s expansion, estimated to cost $31.5 million, is needed to accommodate additional engineers, designers and other professionals that the company requires as it completes work related to the Navy’s Virginia class nuclear submarines as well as the Ohio replacement program, the newest class of submarines. “Our state’s defense product and parts manufacturing sector is becoming increasingly important to the Pentagon’s supply chain and, ultimately, our national defense strategy as illustrated by the growing number and value of contracts awarded to Connecticut-based industry leaders like Electric Boat over the past decade …

$3M DOD Grant to Help Diversify NE Pennsylvania Defense Sector

  • October 28, 2014
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The Defense Department last week awarded Pennsylvania a $3.0 million grant to strengthen defense manufacturers in the northeastern portion of the state and help them diversify in the face of uncertain DOD budgets. The state will use the grant, awarded by the Office of Economic Adjustment, to launch the Northeast Pennsylvania Defense Transition Partnership Initiative, an effort to deploy a collaborative network of workforce and economic development organizations. The two-year initiative will help the region craft a customized economic development strategy and increase the global competitiveness of the region’s defense sector …

It’s Official, Monterey Is World’s Language Capital

  • October 20, 2014
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Monterey County has trademarked the slogan, the “Language Capital of the World,” as part of an effort to raise the profile of one of its most unique assets ahead of a looming BRAC round. The slogan, which was officially registered for the city of Monterey from 1997 to 2007, celebrates the Presidio of Monterey, home of the Defense Language Institute. The Monterey County Business Council opted to register the entire county this time to promote the whole region, reported the Monterey Herald. “[Local military institutions] bring critical national security capability to the United States, as well as enrich this community and make us what we are,” Monterey Deputy City Manager Danial Pick …

California Legislation May Provide Boost to Reuse Efforts at Closed Bases

  • October 6, 2014
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California Gov. Jerry Brown signed a series of bills last week designed to help municipalities promote economic development, including one allowing cities and counties to form an infrastructure financing district to finance projects at former military bases. The bills were needed to help municipalities continue to finance transit facilities, water systems and other infrastructure via tax-increment financing after the state dissolved its redevelopment agencies in 2011. Infrastructure financing districts are a similar tool to the redevelopment agencies previously used; however, they require a public vote before bonds can be issued. Brown dissolved redevelopment agencies to close the state’s budget deficit and preserve funding for local services …

Ft. McPherson LRA Approves Sale to Filmmaker Tyler Perry

  • August 10, 2014
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The LRA for the former Fort McPherson on Friday approved a memorandum of understanding with filmmaker Tyler Perry for the purchase of 330 acres, about two-thirds of the former post located on the southwest edge of Atlanta, for a movie and television production complex. Under the agreement, Perry, best known as the creator of the “Madea” film franchise, would purchase the property for $30 million to build up to 16 sound stages. “I am confident that this kind of development will bring hundreds of permanent jobs into the area, and attract robust additional investment into the Southside of our city,” said Atlanta Mayor Kasim Reed …

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