Posts Tagged ‘local redevelopment authority’

The implementation LRA for the former Naval Air Station Willow Grove will look very much like the entity that led the effort to forge a reuse plan for the 861-acre site, as the Horsham Township Council on Monday appointed four current members of the LRA to the new authority. The council’s president was the one new member appointed to the authority that will carry out a plan that calls for a mix of uses, including a town center, neighborhoods with a variety of housing types, office and business parks, areas for recreation and parks, and other uses …

Brunswick Landing, the reuse project at the former Brunswick Naval Air Station in Maine, plans to become an R&D center for renewable energy, complete with on-site power generation and a self-contained electrical grid. The closed-loop electricity delivery system left behind by the Navy paves the way for the project to generate its own electricity and share the savings from lower-cost power with tenants. “This isn’t sexy stuff. But it could become a major advantage,” said Steve Levesque …

The Oakland City Council on Tuesday approved an $830 million agreement to turn the former Oakland Army Base into a shipping and distribution facility that would serve the Port of Oakland, narrowly beating a deadline to keep a $242 million state grant. The redevelopment plan, in which the first phase will cost $484 million, will improve the ability of the port to move cargo and increase its capacity. Until Tuesday’s vote, the fate of the project was uncertain as the redevelopment engendered opposition from community groups and some city officials over various loopholes in provisions establishing hiring preferences for Oakland residents …

This Tuesday’s vote by the Oakland City Council on an $830 million plan to turn the former Oakland Army Base into a warehousing and logistics center serving the nearby port may be the city’s last prime opportunity to revitalize the site closed more than a decade ago. The development team of Prologis and Oakland-based California Capital & Investment Group has agreed to build the project with union labor, give hiring preferences to Oakland residents and establish a jobs center in West Oakland, but city and community groups are pushing for more concessions …

Washington, D.C., residents were surprised to find out just how quickly redevelopment of the former Walter Reed Army Medical Center is progressing during a meeting this week with a city planning official. The city will begin shortly to look for a master developer and hopes to reach an agreement with a firm before the end of the year, according to D.C. real estate blog urbanturf.com. The city then will negotiate a deal with the Army to obtain the 67.5 acres at the hospital campus designated for local redevelopment …

Local leaders and Air Force officials are scheduled to celebrate the transfer of the last remaining parcel at the former Lowry Air Force Base in Denver on Thursday. The Air Force will convey the 70-acre Buckley Annex to the Lowry Redevelopment Authority via an economic development conveyance. The $165 million reuse plan for the annex, closed last year as a result of BRAC 2005, calls for 800 residences, including apartments, condominiums and single-family homes …

At some BRAC 2005 closures, additional cleanup requirements being imposed by state regulators could delay the transfer of properties to local redevelopment authorities, according to the report of the House Appropriations Committee accompanying the fiscal 2013 spending bill for military construction and veterans affairs. As a result, the committee encourages DOD’s deputy undersecretary for installations and environment to work with the Environmental Protection Agency to reach “remediation agreements with standards allowed under current BRAC law …

The Army will transfer more than 560 acres at the former Fort Monmouth to the Fort Monmouth Economic Revitalization Authority through an economic development conveyance over the next nine months, under an agreement signed last week by the Army and the state of New Jersey. By June 15, the Army will convey a 55-acre parcel that is designated to house a 650,000-square-foot headquarters for locally based CommVault. A number of other parcels — including the former Paterson Army Hospital which is slated to be purchased by AcuteCare Health Systems — will be transferred by Oct. 1 …

The Obama administration is objecting to language in the fiscal 2013 defense authorization bill that would extend liability protections for undiscovered contamination afforded developers of installations closed via BRAC to all installations closed after Oct. 24, 1988. The provision essentially would extend the indemnity now provided by Section 330 of the 1993 defense authorization bill to bases closed outside of the BRAC process …

The Port of Corpus Christi reached a sales agreement this week with Oxy Ingleside Property Holdings, a wholly owned subsidiary of Occidental Petroleum Corp., for 816 acres at the former Naval Station Ingleside and an adjacent parcel for $82.1 million. Closing on the sale is expected to take place in August. The sale covers the entire naval station property — except for a 100-acre campus section — along with 435 acres next door …