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Posts Tagged ‘News from ADC’

It’s Not Just the Economy, Stupid!

  • September 3, 2013
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It’s no secret that real estate market has been hurt by the nation’s slow recovery from the Great Recession and that developers remain cautious amid hobbled credit markets and uncertainty regarding federal spending. But amid those global factors, a variety of emerging “super trends” are taking hold, offering guidance for LRA directors and other economic development professionals involved in complex and large-scale redevelopment projects …

Note from the Editor

  • August 22, 2013
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Defense Communities 360 will take next week off. Enjoy the last week of unofficial summer, and look for the next issue of 360 on Tuesday, Sept. 3.

Foreign Investment Should Be a Key Part of Your Redevelopment Strategy

  • August 22, 2013
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One oft forgotten source of prospective investment in redevelopment projects is foreign-owned companies. At next month’s inaugural Base Redevelopment Forum, economic development experts will introduce the basics of attracting foreign investment to large-scale redevelopment projects, including base reuse projects …

Base Redevelopment Often a Matter of Overcoming Hurdles, Evolving Requirements

  • August 18, 2013
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Base redevelopment often has been described as a frustrating process that requires a large reserve of patience. Successful projects require communities and developers to navigate through a series of challenges amid a constantly changing environment …

Note from the Editor

  • August 8, 2013
  • comments: 1

With activity slowing down in Washington, Defense Communities 360 will take next week off. So enjoy the respite, and look for the next issue of 360 on Monday, Aug. 19.

See Rapid Transformation of Navy Base into Brunswick Landing at Redevelopment Forum

  • August 8, 2013
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Among installations closed in the last BRAC round, the reuse project at the former Naval Air Station Brunswick has been one of the fastest out of the gate, with the Midcoast Regional Redevelopment Authority’s (MRRA) effort to create a high-tech business campus focusing on aviation, renewable energy, advanced composites and education already taking shape on the coast of Maine. The redevelopment authority started attracting tenants prior to the Navy’s formal closure of the base in May 2011. It now hosts more than two dozen businesses, including Kestrel Aviation and Swedish medical supply manufacturer Mölnlycke Health Care, and 250 workers …

ADC Forum to Focus on Challenges Associated with Large-Scale Redevelopment

  • August 4, 2013
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In seven weeks, ADC will hold its inaugural Base Redevelopment Forum in Portland, Maine, a three-day event designed to support the needs of economic development professionals involved in complex and large-scale redevelopment projects. The event will be far different from past ADC conferences — and not just because of its focus on redevelopment issues — but because the programming will be centered around the “tools of the trade” that redevelopment authorities need to succeed, including functional and leadership skills as well as a broader understanding of current trends …

Urge Your Representatives to Join the House, Senate Defense Communities Caucuses

  • July 28, 2013
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ADC needs your help to recruit the members of your congressional delegation to join the House and Senate Defense Communities Caucuses, as the House caucus needs to be re-established for the 113th Congress and the Senate caucus was newly created last month. The two chambers’ caucuses are dedicated to advancing issues facing communities with closed or active installations and serve multiple roles — promoting a dialogue on defense community issues, serving as a liaison between Congress, DOD and the private sector, and advancing legislation to strengthen defense communities …

ADC to Gauge Industry’s Outlook on DOD Energy Marketplace

  • July 18, 2013
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The military services’ push to obtain a rising share of their facility energy from renewable sources has spurred a forceful effort to identify installations that are ideal locations to produce clean power and ensure the close participation of the private sector. Since the initiative began more than a decade ago, the marketplace for DOD energy projects has matured as a number of components have continued to evolve — the services’ acquisition approach, state incentives and other regulatory issues, availability of financing and involvement by utilities. To better understand industry’s perspective on the opportunities offered by DOD and the challenges in competing for energy projects at military installations, ADC’s Energy Partnership Council is conducting a survey of all industry members …

Brunswick LRA Promotes Economic Development through Loan Fund

  • June 24, 2013
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The Midcoast Regional Redevelopment Authority doubled the size of a loan fund it created to help prospective and current tenants at Brunswick Landing and Topsham Commerce Park improve existing facilities and to support their working capital needs, the LRA announced last week. The authority’s partnership with a community bank based in Maine will allow it to leverage its own funds to lend up to $1 million to tenants at the former Naval Air Station Brunswick …

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