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Posts Tagged ‘local redevelopment authority’

GSA Enters Sales Agreement with Consortium for Stratford Army Plant

  • October 16, 2012
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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 …

Skydiving Mission Trained at Brooks City-Base

  • October 16, 2012
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Austrian skydiver Felix Baumgartner and the capsule that took him 24 miles above Earth prior to his record-breaking jump on Sunday both were tested in the altitude chamber at Brooks City-Base in San Antonio over the past two years. The Red Bull Stratos team used the chamber at Brooks in 2010, 2011 and most recently in September to simulate the near-space conditions Baumgartner would experience 128,000 feet above sea level …

Implementation LRA Assumes Control of NAS Willow Grove Redevelopment

  • October 15, 2012
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The Horsham Town Council last week terminated the local redevelopment authority that led the effort to forge a reuse plan for the 861-acre former Naval Air Station Willow Grove. The council earlier created a successor to carry out the reuse plan, the Horsham Land Redevelopment Authority. Four of the five members on the new LRA previously served on the original authority …

Developers, Retailers, Universities Eye Walter Reed Property

  • October 15, 2012
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As the District of Columbia prepares to search for a master developer for the former Walter Reed Army Medical Center, a variety of national grocers and other retailers are considering locating there. The site’s reuse plan calls for a town center to satisfy the Upper Northwest Washington neighborhood’s need for more retail options. The 66.6 acres of the property available for local reuse will feature 3.1 million square feet of development, including 212,000 square feet of retail ….

LRA for Kansas Plant Marks Grand Opening of Great Plains Industrial Park

  • October 11, 2012
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Kansas officials on Thursday held a ribbon-cutting to celebrate the opening of the Great Plains Industrial Park, the redevelopment project at the former Kansas Army Ammunition Plant in southeast Kansas. Kansas Gov. Sam Brownback, Sen. Jerry Moran and Rep. Lynn Jenkins spoke at the ceremony that marked the beginning of efforts to attract tenants to the site. “To be on the ground floor of something like this is fantastic,” said Dan Goddard …

Roosevelt Roads Redevelopment Requires $137M Infrastructure Investment

  • October 9, 2012
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Converting the former Naval Station Roosevelt Roads into an eco-tourist and commercial destination will require a $137 million investment in basic infrastructure from government agencies, according to a study sponsored by the Roosevelt Roads LRA. The plan focuses on primary infrastructure — such as roadways, electric and water lines, sewer and water treatment, and telecommunications facilities — for the central areas of Roosevelt Roads, located on the eastern tip of Puerto Rico …

Kansas Ammo Plant LRA Looks ahead to Vibrant Industrial Park

  • October 4, 2012
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The Great Plains Development Authority next week will hold a formal ceremony celebrating the transfer of much of the former Kansas Army Ammunition Plant and marking the beginning of the LRA’s effort to attract economic activity to the Great Plains Industrial Park. “Now the exciting part starts,” said the authority’s executive director, Dan Goddard, reported the Salina Journal. “Actually, most of the work is ahead of us …

Governor Vetoes Replacements for California Redevelopment Agencies

  • October 2, 2012
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California Gov. Jerry Brown vetoed six measures Saturday intended to restore some of the economic development tools to municipalities lost after the state eliminated its 400-plus redevelopment agencies last year. One measure, AB 2144, would have allowed cities to create “infrastructure and revitalization financing districts” if approved by 55 percent of voters. Another bill, SB 1156, would have allowed municipalities to set up joint powers authorities to finance projects within sustainable community investment areas …

Irvine Mulls Developer’s Offer to Build Orange County Great Park

  • September 14, 2012
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FivePoint Communities, the developer of the former Marine Corps Air Station El Toro, is offering to contribute an additional $631 million to the city of Irvine’s effort to build the Orange County Great Park in Southern California in an attempt to bolster prospects for the housing and commercial development it plans to build there. Under the offer from FivePoint — a spinoff of Lennar Corp., which bought El Toro for $650 million in 2005 — the city would receive $211 million upfront and about $430 million over 30 years …

Riverbank LRA Approves Search for Master Developer

  • September 12, 2012
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The Riverbank City Council this week voted to issue a request for qualifications from firms interested in becoming the master developer for the former Riverbank Army Ammunition Plant. The city assumed control of the plant in April 2010 through a no-cost lease with the Army; eventually it expects to own the site, now called the Riverbank Industrial Complex. The reuse plan calls for turning the ammunition plant into a regional industrial park focused on clean energy and green technology …

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