image description

Posts Tagged ‘property disposal’

Ft. McPherson LRA Approves Sale to Filmmaker Tyler Perry

  • August 10, 2014
  • comments: 0

The LRA for the former Fort McPherson on Friday approved a memorandum of understanding with filmmaker Tyler Perry for the purchase of 330 acres, about two-thirds of the former post located on the southwest edge of Atlanta, for a movie and television production complex. Under the agreement, Perry, best known as the creator of the “Madea” film franchise, would purchase the property for $30 million to build up to 16 sound stages. “I am confident that this kind of development will bring hundreds of permanent jobs into the area, and attract robust additional investment into the Southside of our city,” said Atlanta Mayor Kasim Reed …

Ft. Monmouth LRA Considering Purchase of Former Post

  • August 6, 2014
  • comments: 0

The Fort Monmouth Economic Revitalization Authority (FMERA) is considering purchasing from the Army the 850 surplus acres at the former New Jersey post that have not yet been sold or are not under contract in an attempt to simplify the process of selling the property. Officials from the LRA, Monmouth County and the county improvement authority plan to meet this month to discuss a possible purchase, reported the Star-Ledger. The improvement authority would finance the purchase. The New Jersey Economic Development Authority would become the property owner …

Signs of Progress in Federal Effort to Pare List of Excess Properties

  • July 30, 2014
  • comments: 0

At a House hearing on Tuesday, Rep. John Mica (R-Fla.) said the federal government’s ownership of 7,000 unneeded properties worth $350 billion is “unacceptable.” “The Congress and public will be astounded to learn of the unbelievable inventory of properties uncovered in documents provided to the committee after waiting nearly three years,” said Mica, chairman of the House Oversight and Government Reform’s Government Operations Subcommittee. Nearly 1,500 of the unneeded properties are valued in the multi-million-dollar range …

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 …

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 …

Puerto Rican LRA Seeks Developer to Transform Navy Base into Tourist Destination

  • July 8, 2014
  • comments: 0

Puerto Rico’s Local Redevelopment Authority is seeking responses to a recently issued request for qualifications (RFQ) for master developers for the redevelopment of Roosevelt Roads, the island’s former U.S. Navy Base in Cieba. 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 …

Former McClellan AFB Ready for Next Property Transfer

  • June 24, 2014
  • comments: 0

McClellan Business Park, the redevelopment project at the former McClellan Air Force Base in northern California, shortly will accept ownership of an additional 198 acres of land from the Air Force. The business park already has been managing leasing for much of the tract, but a formal title transfer will make the job easier, said Alan Hersh, senior vice president for the project. Officially, the Air Force will hand the site over to Sacramento County before it goes to the business park. The property most likely will be used for aviation and industrial activities. All base property is scheduled to be turned over to the business park by 2019, reports the Sacramento Business Journal.

Dispute between LRA, Developer Continues over Way Forward at NAS South Weymouth

  • June 22, 2014
  • comments: 0

The South Shore Tri-Town Development Corp., the LRA responsible for redeveloping the former Naval Air Station South Weymouth, and its master developer continue to remain at odds over a plan for jump starting development at the base located outside of Boston. Starwood Land Ventures’ plan, which requires approval by the state Legislature, would strip authority from the LRA and shift responsibility for public services and tax revenue to the surrounding communities of Weymouth, Abington and Rockland. Starwood is trying to gain the support of the three towns and in recent weeks has been negotiating the language of proposed legislation with the mayor of Weymouth …

Stratford Engine Plant Sale Hinges on River Cleanup

  • June 19, 2014
  • comments: 0

The Connecticut Department of Energy and Environmental Protection is surveying the Housatonic riverbed adjacent to the former Stratford Army Engine Plant to determine how much cleanup will be necessary by the plant’s owner, the Army, before its final sale can be completed. The state’s analysis is expected to be completed by August, at which time the agency likely would begin discussions with the Army, reports the Stratford Star. The government’s agreement to sell the plant to developer Point Stratford Renewal assigns responsibility for remediating the riverbed to the Army …

Filmmaker Discussing Purchase of Land at Ft. McPherson

  • June 18, 2014
  • comments: 0

Filmmaker Tyler Perry has been negotiating for several months with the LRA for the former Fort McPherson the purchase of a portion of the 486-acre site for a movie and television production complex, the Atlanta Journal-Constitution reported Wednesday. Following a vote by the McPherson Implementing Local Redevelopment Authority yesterday, Atlanta Mayor Kasim Reed said the city will now begin “robust” conversations with Perry, best known as the creator of the “Madea” film franchise …

Array ( )