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Posts Tagged ‘local redevelopment authority’

Puerto Rico Selects Master Developer for Roosevelt Roads

  • January 5, 2015
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The Puerto Rican government last month picked Arlington, Va.-based Clark Realty Capital to transform 3,000 acres at the former Naval Station Roosevelt Roads into a $3.2 billion mixed-used development focused on eco-tourism. The 30-year project proposed by Clark calls for hotels, housing, offices, retail stores, restaurants, a light industrial area, a cruise ship port, a marina, a terminal for high-speed ferries, schools, golf courses and other uses. The Roosevelt Roads LRA selected Clark over two other candidates — Uruguay-based Ariel Investment and Puerto Rico-based OHorizons …

Fort Monroe LRA Negotiates Property Transfers with Army, Park Service

  • December 21, 2014
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The Fort Monroe Authority is in the midst of negotiations with the Army over how much it will pay for a portion of the property that did not automatically revert to the commonwealth of Virginia after the post was closed. The Army is insisting the state pay for parts built up after the two signed the reversion clause in the 1830s, including the marina and land Army engineers constructed along Mill Creek, reported the Daily Press. On Thursday, the authority’s board indicated they “support the compromise” under discussion …

Closed Bases Find New Niche — Test Sites for Autonomous Vehicles

  • December 16, 2014
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One installation closed through BRAC 2005 recently reached an agreement allowing Mercedes-Benz to use its roads to test driverless cars, while another shuttered in the same round is discussing the possibility of providing space for testing and development of autonomous vehicles to a Princeton University research group. In October, the city of Concord, the Contra Costa Transportation Authority and the Navy licensed Mercedes-Benz to use the former Concord Naval Weapons Station in northern California as a test site. The automobile manufacturer will test other related technology as well, including traffic signals designed to communicate with self-driving cars …

Deed Signing Marks First Transfer at Walter Reed

  • December 11, 2014
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Officials from the District of Columbia and the Army held a ceremonial signing Wednesday of a deed transferring a building at the former Walter Reed Army Medical Center, marking the first transfer of land at the hospital campus to the city. After demolishing the building, the District plans to construct a $12 million fire station. “My administration has worked closely with the Army to acquire Walter Reed so that we can begin transforming this historic campus into a vibrant destination that meets the needs and desires of the neighboring community …

Ft. McPherson-Tyler Perry Sale Back on Track

  • December 10, 2014
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The Fort McPherson LRA’s plan to sell about two-thirds of the former post to filmmaker Tyler Perry is on again, after the authority on Tuesday replaced a board member and approved a resolution outlining the boundaries of the 330-acre tract Perry would purchase. The McPherson Implementing Local Redevelopment Authority’s action means Perry would obtain the post’s historic parade ground, officers’ quarters and a golf course for his planned movie and television production complex. The LRA would hold onto the remaining 144 acres, which follows the northern and eastern perimeters of the installation located on the southwest edge of Atlanta …

Patience to Pay off at Redevelopment of Concord NWS

  • December 9, 2014
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While initial prognostications of when the city of Concord would break ground on its redevelopment of the former Concord Naval Weapons Station in northern California proved optimistic, the project is on the cusp of hitting several important milestones. After selecting four firms in June to vie to be become the master developer for the Concord Reuse Project Area Plan, the LRA is scheduled to recommend two finalists to the city council in January. Later in 2015, the city council will select a finalist. Next is a public review of the Navy’s final environmental impact statement, followed by the service’s transfer of the property …

Ft. McPherson-Tyler Perry Sale Reportedly in Trouble

  • December 7, 2014
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Filmmaker Tyler Perry is considering pulling out of a deal to purchase two-thirds of the former Fort McPherson due to the protracted nature of negotiations with the city of Atlanta, the Atlanta Journal-Constitution reported last week. Perry agreed in August to purchase 330 acres of the 488-acre post on the southwest edge of Atlanta for a movie and television production complex, but now is favoring an expansion of his studio operations on property he acquired west of Atlanta, according to an individual familiar with the situation …

City Names Developer for Alameda Point Town Center

  • November 23, 2014
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The Alameda City Council last week selected Alameda Point Partners to develop a 68-acre waterfront town center at Alameda Point, the former Naval Air Station Alameda located on San Francisco Bay. Alameda Point Partners is a partnership made up of six firms created specifically for the project and includes two Bay area firms — SRM Ernst and Thompson Dorfman Partners. The plan for the parcel calls for a town center, a mixed-use development with hundreds of homes, retail and open space …

New Neighborhood Set to Open at Hunters Point

  • November 16, 2014
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Before the end of winter, the first residents will begin moving into new homes at the former Hunters Point Naval Shipyard in southeastern San Francisco. “It will be the next full neighborhood in San Francisco,” said Sheryl McKibben, sales agent for the development that Lennar Urban has named the San Francisco Shipyard. “Almost a city within a city,” she said. The first phase of building will result in 1,400 homes on 63 acres. When it is completed, the decades-long, multibillion-dollar redevelopment is slated to have 12,500 new homes and more than 4 million square feet of office, commercial and retail space. “People create these places,” Kofi Bonner, president of Lennar Urban, told NBC Bay Area. “We can’t wait to have families running around here.” Beginning next year, the Navy is planning to transfer other parts of the shipyard as they are cleaned up.

Mayor Loses Election following Campaign Focused on Ft. Monmouth Redevelopment

  • November 11, 2014
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In a tight election requiring officials to count provisional ballots, the Monmouth County Clerk’s office determined on Monday that Eatontown Mayor Gerald Tarantolo lost his bid for re-election to his Republican challenger. The campaign focused on the redevelopment of the former Fort Monmouth on New Jersey’s Atlantic coast, with winning candidate Dennis Connelly criticizing both the plan and pace of redevelopment, reported NJ.com. Tarantolo is a member of the Fort Monmouth Economic Revitalization Authority board …

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