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Posts Tagged ‘property disposal’

Developers Outline Vision for Reviving Connecticut Army Engine Site

  • January 8, 2014
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Developers plan a mix of residential and commercial uses, along with open space, at the former Stratford Army Engine Plant located at the mouth of the Housatonic River in Connecticut, they said at a press conference this week. The plan for the 77-acre site includes apartments, retail, restaurants, parks, and entertainment and educational facilities, with possible options including a town center, hotel and transit center …

Language Directing Quick Transfer of Ft. Monroe Parcel Left out of Policy Bill

  • January 2, 2014
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A provision directing the Army to convey a 70-acre parcel at Fort Monroe that is separate from the acreage at the historic post already reverting to the commonwealth of Virginia was dropped from the compromise version of the fiscal 2014 defense authorization bill. The language from the House version of the annual policy bill possibly could have forced the Army to transfer the tract to the Fort Monroe Authority at no cost, eliminating the need for lengthy negotiations over the terms of a transfer …

Defense Bill Calls for Study of Underutilized Facilities

  • December 17, 2013
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The Defense Department would be required to analyze its real estate inventory to determine how many facilities are underutilized, under a provision in the compromise version of the fiscal 2014 defense authorization bill scheduled to be taken up by the Senate this week. The language was added to the House version of the measure in June by Rep. Patrick Murphy (D-Fla.) as part of his effort to cut wasteful spending by the government on unused buildings …

Pueblo Depot LRA Readies for Greater Responsibility

  • December 11, 2013
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The LRA for the Pueblo Chemical Depot, Colo., is making plans for a brighter future when it assumes control of about two-thirds of the facility over the next several years and the Army completes its chemical weapons disposal mission. “This is just the first step in starting, or really restarting the BRAC process,” Russ DeSalvo, the LRA’s executive director, told the Pueblo Chieftain. “The Department of Defense is working with us, and it will be a two- or three-year process to vet the property …

Willow Grove LRA Prepares for Next Steps in Redevelopment

  • December 8, 2013
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The LRA for the former Naval Air Station Willow Grove is eager to move ahead with the redevelopment process as several milestones approach. The Navy is expected to release shortly the environmental impact statement for the property located outside of Philadelphia. “I’m still hoping this month,” Horsham LRA Executive Director Mike McGee told the Hatboro-Horsham Patch. “We certainly want to know what they say about our plan …

Lawmakers Encouraged about Prospect of Moving Legislation to Shed Federal Properties

  • December 8, 2013
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A bipartisan push may be under way to enact legislation motivating the federal government to thin its portfolio of an estimated 14,000 unneeded properties. Multiple efforts since the beginning of 2011 to reform the process for federal property disposal have not advanced, but following a Capitol Hill roundtable last week featuring real estate experts and former federal officials, two lawmakers are eager to try again …

LRA Expects to Complete Deal Soon to Transfer Ft. Gillem

  • December 5, 2013
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The Forest Park/Fort Gillem Implementation Local Redevelopment Authority expects to complete the purchase of the former Army post located outside of Atlanta by the end of February. “We will be closing on the property between Jan. 24 and Feb. 26,” LRA Executive Director Fred Bryant said during a recent meeting of the authority. “The Army will not move the date,” he said …

Winning Developer Refines Master Plan for Connecticut Engine Plant

  • December 3, 2013
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The development team about to purchase the former Stratford Army Engine Plant continues to update its master plan for the site, as it prepares to close the sale of the 77-acre property located at the mouth of the Housatonic River in Connecticut. An executive with Sedgwick Partners, one of the three companies that make up the Point Stratford Renewal LLC partnership, told the Stratford Star the team is beginning to talk with potential businesses interested in the property, including restaurants, hotels, retailers, professional services firms, multifamily housing builders and educational institutions …

Transfer of Ft. Monroe Land to Park Service Not Expected for Several Years

  • November 14, 2013
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The commonwealth of Virginia does not plan to transfer any property at Fort Monroe until the Army completes the required cleanup and, as a result, the National Park Service won’t gain ownership of the 325 acres designated a national monument until 2016 at the earliest. The Army transferred 313 acres to the state in June, but it still is removing contaminated sediment from the moat surrounding the historic stone fort. The state is holding onto the fort until the Army finishes that effort …

Army Inks Deal to Sell Connecticut Engine Plant

  • November 7, 2013
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The Army last week signed a deal to sell the 77-acre Stratford Army Engine Plant to a team of Connecticut developers, likely bringing to a close a 15-plus-year odyssey by the federal government to dispose of the plant located at the mouth of the Housatonic River. The sales agreement outlines the two parties’ responsibilities for cleaning up the heavily contaminated site, addressing the government’s most difficult hurdle in turning over the property …

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