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Posts Tagged ‘local redevelopment authority’

Gamble Turns Pre-BRAC Closure into Thriving Technology Center

  • October 14, 2014
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Fifty-one years after local officials and business leaders in Greenville, S.C., made a bold decision to purchase the shuttered Donaldson Air Force Base from the government and convert it into an industrial park focusing on aviation, the South Carolina Technology & Aviation Center is a key component of the region’s economy, Jody Bryson, the center’s president and CEO, writes in a commentary in the Greenville Online. The center is home to 99 companies, including technology, military, educational and advanced manufacturing firms. The center, which has an annual economic impact of $2 billion, hosts Donaldson Field, the largest general aviation airport in the state …

Judge Dismisses Lawsuit against Ft. McPherson Sale

  • October 8, 2014
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A federal judge on Tuesday dismissed a lawsuit from an Atlanta entertainment company seeking to block the sale of 330 acres at the former Fort McPherson to filmmaker Tyler Perry, ruling it was too early for the court to hear the case. Ubiquitous Entertainment Studios claimed it had met with the McPherson Implementing Local Redevelopment Authority about purchasing 80 acres for a movie studio entertainment complex in 2011 — before the city of Atlanta entered discussions with Perry — but was told officials couldn’t negotiate until the Army transferred the property. The suit, filed in July, accuses the authority of violating its bylaws when it offered the property to Perry outside of a public competition …

Concord Residents to Learn about Developer Proposals for Weapons Station in January

  • October 8, 2014
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The city of Concord, Calif., is planning to hold a public meeting in January for the City Council and residents to learn about the reuse plans proposed by the four candidates vying to become the master developer for the former Concord Naval Weapons Station. The proposals are due in late November. All four teams — Catellus Development Corp., FivePoint Communities/Lennar, J.F. Shea Co. and SunCal — have significant experience in base redevelopment, reported the Contra Costa Times. The Concord Reuse Project Area Plan calls for a mix of residential, office and commercial uses on about 2,300 acres near the North Concord BART station, while preserving 69 percent of the site for open space and recreational use. Separately, the Contra Costa Transportation Authority and Mercedes-Benz last week announced a partnership to test self-driving vehicles and new transportation technology on the nearly 20 miles of paved roadways on the base, according to the story.

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. 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 …

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