Posts Tagged ‘property disposal’

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 …

The New Jersey Economic Development Authority approved three loans totaling $4.5 million this week to cover engineering and construction costs needed to start renovating the former Fort Monmouth. At the same time, the authority is looking for a broker to attract developers to the 1,200-acre site, reported the Star-Ledger. The authority on Tuesday also approved an agreement to sell land at the post to information management firm CommVault Systems. In March, the authority awarded the firm $8.6 million in incentives to create and retain new jobs at Monmouth. “What we want to do is recreate a community at the base — a community of people living and working at the base, which will bring back tax ratables and jobs to the three communities and the county,” said Caren Franzini, the authority’s CEO.

The Navy’s second attempt to hold a public auction for the former Naval Station Roosevelt Roads ended much as the first, with no suitable buyers. The Navy failed to receive any bids in its latest attempt, which opened in February, the Navy BRAC Program Management Office told 360. Officials still are evaluating their options for disposing of 2,036 acres at the site located on the eastern tip of Puerto Rico …

A ceremony last week at the former Charles Kelly Support Facility outside of Pittsburgh kicked off demolition of 10 dilapidated Army office buildings and barracks at the future site of a park for Collier Township. Reuse planning for the support facility started after it was designated for closure during the 2005 round of base closures. The township obtained 72 acres of the site for the park. A $150,000 grant from Allegheny County is covering much of the cost of demolition. Construction of a multipurpose field, tennis courts, dek hockey rink and playground is scheduled to begin after the demolition is complete, reported the Pittsburgh Post-Gazette. Most of the funds from a $6 million bond issuance will go toward the project.

Public benefit conveyances of property at closed Air Force bases have been turned into a variety of new uses, including schools, parks, wildlife management, housing for the homeless and public health, but by far the most popular use is for a public airport. Of the 27,692 acres deeded by the Air Force Real Property Agency as PBCs, 24,457 acres, or over 88 percent, were for airports …

Development on the Buckley Annex at the former Lowry AFB in Denver is slated to begin this fall with demolition work. The reuse plan for the 70-acre site, closed following BRAC 2005, calls for 800 residences, up to 200,000 square feet of commercial office and retail space, and a 4.5-acre community park …

Over the next six months, the Air Force plans to return 3,533 acres at the former Mather Air Force Base to Sacramento County, including the airport, a regional park and a wetland preserve. Last month, the Air Force and regulatory authorities deemed all property at Mather “suitable for transfer …

The city of Alameda is considering acting as its own master developer for the former Naval Air Station Alameda, an approach that would require it to finance the entitlement process for the 918-acre site. Securing entitlements is expected to cost $5 million, but would provide the city greater control over the future of the property on San Francisco Bay and spark competition among potential developers …

The House on Tuesday passed a second measure this year intended to slash the federal portfolio of excess property by overhauling the existing disposal process. The Federal Building and Property Disposal Act, which passed in a 403-0 vote, creates a five-year pilot program that would expedite the disposal of the most profitable properties by removing red tape …