image description

Posts Tagged ‘local redevelopment authority’

Stratford Engine Plant Closing Not Imminent

  • July 31, 2014
  • comments: 0

The closing of the deal to sell the 77-acre Stratford Army Engine Plant to a team of Connecticut developers most likely will not occur until the Army and the Connecticut Department of Energy and Environmental Protection (DEEP) reach an agreement over a plan to clean up the tidal flats of the Housatonic River. At this point, it is not clear how long it will take for the Army and state regulators to settle on a remediation plan, reports the Stratford Star. From the Army’s standpoint, Point Stratford Renewal can close on the transaction as soon it is willing to …

Customer Service Operation to Bring 600 Jobs to Ft. Monroe

  • July 31, 2014
  • comments: 0

Liberty-Source PBC, a business process outsourcer, will invest $1.6 million to locate a customer service facility at the former Fort Monroe in Hampton, Va., that will create 596 jobs, Virginia Gov. Terry McAuliffe (D) announced last month. The company, which will provide finance, accounting, human resources, customer care and additional support services for its clients, employs a business model that uniquely relies on military spouses …

Walter Reed out of Running for FBI Headquarters

  • July 29, 2014
  • comments: 0

The former Walter Reed Army Medical Center in Washington, D.C., will not become the new home of the FBI, after the General Services Administration (GSA) on Tuesday announced three candidate locations in the Maryland and Virginia suburbs to house the federal law enforcement agency. Walter Reed was never under official consideration by GSA for the headquarters, but strict security requirements recently prompted officials to look at additional locations that could accommodate a 350-foot setback, the Washington Post reported earlier this month …

Move of DOD Activity Could Jump Start Redevelopment of Annapolis Research Facility

  • July 28, 2014
  • comments: 0

The planned move of the U.S. Joint Spectrum Center from the former David Taylor Research Center in Annapolis could revitalize a 10-year-old, $250 million reuse plan for the site on the Severn River. The Joint Spectrum Center, part of the Defense Information Systems Agency, remained at David Taylor after it was shuttered following an earlier BRAC round. The center and its 160 employees will relocate to Fort Meade, Md. …

LRA Looks for New Uses for Former Brunswick Control Tower

  • July 24, 2014
  • comments: 0

The LRA for the former Brunswick Naval Air Station is considering a variety of uses for the $15 million air traffic control tower the Navy built 10 years ago, but directing air traffic is not likely to make the shortlist. That’s because there’s not enough flights to justify operating a tower at what is now home to Brunswick Executive Airport, Steve Levesque, executive director of the Midcoast Regional Redevelopment Authority, told the Times Record. The facility, located on Maine’s coast, needs to retain an aeronautical-related use, according to the terms of the public benefit conveyance allowing the Navy to transfer the airfield property to the authority …

Senate Appropriators Lend Support for Revising HUBZone Program

  • July 24, 2014
  • comments: 0

A proposal to ease requirements for tenants at closed installations to qualify for the HUBZone program — a Small Business Administration (SBA) initiative offering preferential access to federal procurements to businesses in distressed areas — has picked up the endorsement of the Senate Appropriations Committee. The legislative change was added to the Senate version of the fiscal 2015 defense authorization bill before the Armed Services Committee approved the measure in May. The language would expand the geographic boundaries of HUBZones at BRAC sites to include the town or county where the installation is located, or census tracts contiguous to the installation …

Bonner Looks to Transform Shipyard at Hunters Point

  • July 22, 2014
  • comments: 0

The decades-long, multibillion-dollar redevelopment of the former Hunters Point Naval Shipyard managed by Lennar’s Kofi Bonner represents “the culmination of a career spent redesigning urban spaces spanning both sides of San Francisco Bay, particularly down-on-their-luck industrial corridors,” according to a recent profile in Ozy of the giant developer’s regional vice president. A number of factors make this “the most complicated” project that Bonner has worked on, including radioactive and other hazardous contamination, multiple regulators …

Rival Files Lawsuit to Block Ft. McPherson Sale to Filmmaker

  • July 20, 2014
  • comments: 0

An Atlanta entertainment company last week filed a federal lawsuit against the LRA for the former Fort McPherson seeking to block the sale of much of the 488-acre post to filmmaker Tyler Perry. In the suit, Ubiquitous Entertainment Studios states that it had met with the McPherson Implementing Local Redevelopment Authority about purchasing 80 acres for a “movie studio entertainment complex” in 2011, but was told officials couldn’t negotiate until the Army transferred the property …

Towns’ Support Builds for Measure to Overhaul South Weymouth Reuse

  • July 20, 2014
  • comments: 0

With a July 31 deadline looming for the Massachusetts Legislature to approve a measure to strip authority from the LRA responsible for the reuse of the former Naval Air Station South Weymouth located 20 miles outside of Boston, officials in two of the base’s three neighboring towns so far are supporting the proposal sponsored by the project’s master developer. The plan put forward by Starwood Land Ventures would shift responsibility for public services and property tax revenue to the surrounding communities of Weymouth, Abington and Rockland, while giving Starwood more flexibility regarding the pace of the project …

LRA Launches Search for Roosevelt Roads Master Developer

  • July 18, 2014
  • comments: 0

Puerto Rico’s Local Redevelopment Authority is seeking responses to a recently issued request for qualifications for master developers for the redevelopment of Roosevelt Roads, the island’s former U.S. Navy base in Ceiba. The RFQ includes 3,000 acres of prime Caribbean coastline that is ideal for hotel properties, ecotourism, marinas, light industrial, casinos, educational institutions and other mixed-use development …

Array ( )