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Posts Tagged ‘local redevelopment 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 …

University Considers Becoming Anchor Tenant at Hunters Point

  • September 14, 2014
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San Francisco State University intends to lease 60,000 square feet or more in the planned innovation district at the former Hunters Point Naval Shipyard, making it the first major commercial tenant at the reuse project. “We’re going to plant our flag at Hunters Point,” University President Leslie Wong told the San Francisco Business Times. “We want to be, we plan to be, the anchor institution at Hunter’s Point.” Subjects including IT, digital arts and hospitality could be offered at Hunters Point, Wong said …

Fort Chaffee LRA, National Guard Land Swap on Hold over Valuations

  • September 11, 2014
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A proposed property exchange between the Fort Chaffee Redevelopment Authority and the Arkansas Army National Guard has been held up over a large disparity in property appraisals between the two parcels. Appraisals obtained by the LRA concluded that the tract it is offering the Guard for a new training center is worth $2 million more than the land it would receive in return, said Ivy Owen, the authority’s executive director. Owen sent the appraisals three months ago to the Army Corps of Engineers to review …

D.C. Hospital Looks to Obtain Piece of Walter Reed

  • September 10, 2014
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A Washington, D.C.–based pediatric hospital is hoping to obtain a parcel on the campus of the former Walter Reed Army Medical Center for an institute devoted to biomedical research. A deal, however, has not yet been reached between the Children’s National Health System and the federal government. Language in the House version of the fiscal 2015 defense authorization bill authorizes — but does not require — the Army to convey 13.2 acres to the Children’s system at no cost …

Brunswick Landing Holds Groundbreaking for Business Incubator

  • September 9, 2014
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Local officials held a ceremony at the former Naval Air Station Brunswick in Maine last week to mark the start of $1.5 million in renovations to turn a Navy maintenance facility into a shared manufacturing workspace for startups. So far five technology firms have said they are interested in moving to TechPlace when it opens at Brunswick Landing in December, reported the Bangor Daily News. “TechPlace provides a rare opportunity to join a community of creative innovators and bold entrepreneurs in a shared high-tech manufacturing workplace,” said Steve Levesque …

New Board for South Weymouth Project Faces Heavy Workload

  • September 7, 2014
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The new board created by legislation intended to overhaul the redevelopment of the former Naval Air Station South Weymouth will have a full plate when it holds its first meeting in two weeks. The major challenges facing the newly formed SouthField Redevelopment Authority — which is replacing the long-standing LRA, the South Shore Tri-Town Development Corp. and its five-member board — include implementing a new budget, setting a tax rate and overcoming a steep learning curve on a project that has fallen behind schedule and failed to attract interest from commercial developers …

Business Activity Lags Residential Program at Fort Monroe

  • September 2, 2014
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Former Army residences at Fort Monroe have proved popular as 95 percent of homes and apartments at the property are leased, but the LRA’s fortunes have been less successful at filling the historic post’s office and commercial space. About 1.1 million square feet of commercial space exists at the installation located on the Virginia shore of the Chesapeake Bay, but only 22 companies and organizations are tenants, reported the Daily Press. The primary difficulty the authority faces is the need for major renovations on many of the buildings at Fort Monroe …

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