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Posts Tagged ‘local redevelopment authority’

Ft. Monmouth LRA to Auction Kitchen Sinks, All Other Buildings’ Contents

  • October 6, 2014
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The Fort Monmouth Economic Revitalization Authority began a series of auctions last week to sell furniture, machinery and other equipment inside or attached to buildings slated to be demolished at the former installation located close to the New Jersey coast. The authority hired an auctioneer to a two-year contract, with a one-year extension, as the Army continues to turn over facilities to the LRA. The money collected, minus the portion going to the auction company, will be reinvested in the redevelopment, reported NJ.com. “As the state takes title to different areas of redevelopment, if there are any items to be sold, we’ll sell them …

Air Force Pays City to Find New Water Source due to Contamination at Former Pease AFB

  • October 6, 2014
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The Air Force has agreed to pay the city of Portsmouth, N.H., $154,000 for the initial costs of finding a new water supply due to the contamination of a city well at Pease International Tradeport, the former Pease Air Force Base. The agreement follows the discovery in May of elevated levels of perfluorinated compounds (PFCs), which the EPA classifies as a “contaminant of emerging concern,” reports Seacoastonline.com. “This is our number one priority at Pease,” Peter Forbes, the Air Force’s environmental coordinator for the former base, said of the investigation and tests officials have conducted since the contaminant’s discovery. Stephen TerMaath, BRAC division chief, said the Air Force has been working closely with the EPA and the state Department of Environmental Services “to develop a long-term plan for addressing PFCs at Pease.”

Builder at Alameda Landing Opens Sales Office

  • October 2, 2014
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The developer of several residential neighborhoods at the Navy’s former Fleet Industrial Supply Center in Alameda is opening a sales office next week as the reuse project reaches a new milestone. TRI Pointe Homes Northern California is building a mix of two-and three-story houses, condominiums and townhouses on the 72-acre Alameda Landing site, reported the San Francisco Business Times. The project, located across the Bay from San Francisco, calls for a total of 253 homes. Catellus is the master developer for Alameda Landing …

Crowdfunding Offers Communities New Opportunities

  • September 28, 2014
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Facing major financial issues in the wake of the Great Recession, Jenks Park in Central Falls, R.I., faced a major issue: the park was often littered with garbage and debris because the only available trash cans in the park were low-quality plastic bins.

Stakeholders Face Looming Deadlines for South Weymouth Reuse

  • September 24, 2014
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The new board overseeing the redevelopment of the former Naval Air Station South Weymouth, Mass., along with master developer Starwood Land Ventures, faces a series of deadlines to get the project back on track, according to the first meeting the SouthField Redevelopment Authority held this week. The authority — which replaces the long-standing LRA, the South Shore Tri-Town Development Corp. — needs to submit a tax plan for the site to the state by Oct. 15 and renegotiate payment terms for a $12.5 million bond that paid for infrastructure improvements …

Ft. Monmouth Sparks Heightened Interest from Residential, Retail Developers

  • September 23, 2014
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Competition among residential and retail developers for space at the former Fort Monmouth has been growing recently as central New Jersey’s real estate market heats up. “As every day goes by, the market is getting stronger in those areas,” Les Smith, senior director at Cushman & Wakefield, told the New York Times. “If you come up with a good development site, they want it,” said Smith, whose firm is the real estate broker for the Fort Monmouth Economic Revitalization Authority …

Air Force to Transfer Last Parcels at Chanute AFB to Community

  • September 23, 2014
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The Air Force has approved transferring 394 acres at the former Chanute AFB, Ill., to the village of Rantoul via an economic development conveyance in a move that will complete the property’s transfer and allow the community to advance its development plans. The village can now approach developers interested in the site “so we can [realize] the economic growth in Rantoul that’s been on hold for such a long time,” Mayor Chuck Smith told the News-Gazette. Smith said there are three firms looking at properties at Chanute, which was shuttered in September 1993 after being recommended for closure in the 1988 BRAC round …

City Selects Finalists to Develop Two Parcels at Alameda Point

  • September 21, 2014
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The city of Alameda last week picked Catellus Development Corp. and Mission Bay Development Group as finalists for redeveloping an 82-acre parcel at Alameda Point, the former Naval Station Alameda, with retail and commercial projects. The announcement follows the city’s Sept. 2 selection of Brookfield Residential and Alameda Point Partners as finalists to develop an adjacent 68-acre parcel at Alameda Point. The city council is expected to choose a single developer for each parcel by the end of the year …

Air Museum Slated for $24M Facility at Former Willow Grove NAS

  • September 17, 2014
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A $24 million plan to overhaul the Wings of Freedom Museum at the former Naval Air Station Joint Reserve Base Willow Grove, Pa., could transform the museum into a regional destination featuring an all-glass exhibit hall to showcase aircraft now stored outdoors. The Delaware Valley Historical Aviation Association unveiled the project and a rendering of the 33,500-square-foot, solar-powered museum on Wednesday, reported the Bucks County Courier Times. “We think it is going to make the museum one of the jewels of Montgomery County and the greater Philadelphia region …

Residents Show up at LRA Meeting to Oppose Ft. McPherson Sale

  • September 17, 2014
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More than 100 residents showed up Tuesday at a regular meeting of the Fort McPherson LRA to air their concerns about the authority’s agreement to sell two-thirds of the post to filmmaker Tyler Perry. Many community members turned out after receiving calls from state Sen. Vincent Fort and a local nonprofit upset that Atlanta Mayor Kasim Reed had abandoned the mixed-use plan for the site that the LRA had spent years crafting, according to the Saporta Report. Fort told the McPherson Implementing Local Redevelopment Authority that he was concerned about the lack of community engagement regarding the decision to sell 330 acres of the 488-acre site to Perry …

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