image description

Posts Tagged ‘local redevelopment authority’

Ft. Monmouth LRA Accelerates Sale of Housing Parcel

  • December 16, 2012
  • comments: 0

The Fort Monmouth Economic Revitalization Authority is selling two residential parcels that could be used for permanent housing by residents who lost their homes in Hurricane Sandy and no longer want to live in a floodplain. Local officials believe the former Army post in coastal New Jersey, which did not experience flooding in the October storm, may be attractive to homeowners who don’t want to pay higher insurance rates or live in an area that is vulnerable to flooding …

Settlement Reached in Litigation over Schilling AFB Cleanup

  • December 13, 2012
  • comments: 0

The city of Salina, Kan., and other local entities said on Thursday they will vote on a consent decree with the federal government settling their claims associated with the cleanup of the former Schilling Air Force Base. The settlement, which stems from mediation ordered by U.S. District Court, provides for the first steps toward a comprehensive cleanup of the property. According to the consent decree, the U.S. government will pay 90 percent of the cost, $8.4 million, and the Salina entities will pay 10 percent, $936,300 …

Chinese Bank Agrees to $1.7B Loan for San Francisco Reuse Projects

  • December 11, 2012
  • comments: 0

Lennar Corp. has gained approval from the state-supported China Development Bank for a $1.7 billion loan to jump start construction of neighborhoods at two of the developer’s high-profile base redevelopment projects in San Francisco, Treasure Island and Hunters Point Naval Shipyard. The deal is not complete, but both sides are trying to finish it by the end of the year to avoid the Foreign Account Tax Compliance Act, which will require foreign investors to enter into disclosure compliance agreements with the Treasury Department …

Tenants Get the Boot at Oakland Army Base

  • December 9, 2012
  • comments: 0

The Oakland Film Center and seven other major tenants, along with dozens of smaller firms and contractors, will be forced to vacate the former Oakland Army Base next spring to make way for the site’s redevelopment into a shipping and distribution facility. The city will lose $242 million in state funds if redevelopment does not begin by December 2013, reported the Oakland Local blog. Turning the site into a distribution facility will increase the capacity of the Port of Oakland and improve its ability to move cargo. The first phase of redevelopment, approved in June, is projected to cost $484 million.

Amendment Would Allow Some Older BRAC Sites to Retain HUBZone Status

  • December 5, 2012
  • comments: 0

Among the 145 amendments the Senate passed during debate over the fiscal 2013 defense authorization bill is one that would extend the period during which certain base closure sites can be designated as HUBZones, a status conferring preferential access to federal procurements for qualified small businesses. Ohio Sen. Sherrod Brown sponsored the provision to benefit the Heath-Newark-Licking County Port Authority, the central Ohio site of the former Newark Air Force Base …

Community College Coming to Former Onizuka AFS

  • December 4, 2012
  • comments: 0

The Foothill-De Anza Community College District last week took a major step toward opening a new campus at the former Onizuka Air Force Station in northern California after selecting a general contractor for a planned $25 million education center. The district plans to acquire 9.2 acres of Onizuka at no cost for the multi-story structure slated to house classrooms, conference rooms, offices and food services. Construction is scheduled to take about three years, reported School Construction News. The Air Force station, located in Sunnyvale, closed following the last round of base closures. The city is the designated local redevelopment authority and is working with the Veterans Affairs Department to develop the remainder of the 23-acre site.

Senate Bill Would Extend BRAC Environmental Protections to Other Sites

  • November 29, 2012
  • comments: 0

Military installations closed outside of the BRAC process would receive the same liability protections as BRAC sites when unknown contamination is discovered, under a bill introduced Wednesday by Indiana Sen. Dan Coats (R). The bill, a companion measure to language included in the House version of the fiscal 2013 defense authorization bill, would extend liability protections provided to developers of BRAC installations to all DOD facilities closed after Oct. 24, 1988 …

California Panel Approves Exchange Agreement for Alameda Point

  • October 23, 2012
  • comments: 0

The California State Lands Commission last week approved an exchange agreement for Naval Air Station Alameda, helping pave the way for redevelopment of the parcel now known as Alameda Point. The deal call for lands along the waterfront to be placed in the public trust, a first step toward opening public access to the waterfront and attracting maritime commerce. Interior lands under the agreement will be removed from the public trust and allowed to be developed …

Ft. McPherson LRA Needs Development, Operations Director

  • October 17, 2012
  • comments: 0

The McPherson Implementing Local Redevelopment Authority, a political subdivision of the state of Georgia, is seeking qualified candidates for the director of development and operations. The director of development and operations will be responsible for project planning, development, construction, maintenance and management of facilities and infrastructure, and will perform other selective administrative functions …

GSA Enters Sales Agreement with Consortium for Stratford Army Plant

  • October 16, 2012
  • comments: 0

Next month the federal government will find out if its latest attempt to dispose of the former Stratford Army Engine Plant in Connecticut is successful. Point Stratford Renewal, a joint effort of at least three Connecticut firms, has until Nov. 6 to execute the purchase agreement it reached with the General Services Administration in August, reported the Connecticut Post. The team reportedly will develop the 77-acre site for light industrial use …

Array ( )