image description

Posts Tagged ‘property disposal’

Redevelopment at Lowry’s Buckley Annex Set to Begin

  • March 28, 2012
  • comments: 0

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 …

Final Parcels at Mather AFB Cleared for Transfer

  • March 27, 2012
  • comments: 0

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 …

City Ponders New Development Strategy for Alameda Point

  • March 25, 2012
  • comments: 0

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 …

House Passes Alternate Measure to Trim Excess Federal Property

  • March 20, 2012
  • comments: 0

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 …

Ft. McPherson LRA Selects Forest City Team as Master Developer

  • March 15, 2012
  • comments: 0

The McPherson Implementing Local Redevelopment Authority Tuesday selected the team of Cleveland-based Forest City Enterprises, and Atlanta-based Cousins Properties and Integral Group LLC to lead the redevelopment of the former Fort McPherson, located four miles southwest of Atlanta. The winning team beat out a proposal from Atlanta developers Carter and H.J. Russell & Co. …

Iowa County Can’t Afford Free Army Reserve Center

  • February 23, 2012
  • comments: 0

Facing a budget crunch of its own, Des Moines County was forced to turn down the Army Reserve’s offer of the Middletown, Iowa, center it is closing as a result of BRAC 2005. The county sheriff’s office was hoping to use the building as a regional training location, but the Board of Supervisors decided the county could not pay for its operation and maintenance …

Governor Proposes $28M Investment in Ft. McPherson Redevelopment

  • February 12, 2012
  • comments: 0

Local officials are viewing the announcement that Georgia Gov. Nathan Deal will include $28 million in the state’s fiscal 2013 budget to invest at the former Fort McPherson as the perfect impetus to accelerate the site’s redevelopment. “No one sees the state as the savior for this, but it can provide the bait to bring in people and business …

Senate Chairman Promises Competing Bill to Streamline Disposal of Excess Properties

  • February 9, 2012
  • comments: 0

Delaware Sen. Tom Carper said he plans to offer a different solution to expedite the disposal of thousands of unneeded federal properties than the approach approved by the House Tuesday that calls for creating a civilian BRAC commission to review federal properties and make recommendations for consolidations, co-locations, redevelopment or sale. “We share the same goal of better utilizing scarce taxpayer dollars, though I prefer an approach that differs in some respects …

LRA Approves Reuse Plan for Walter Reed

  • February 6, 2012
  • comments: 0

The reuse plan for the former Walter Reed Army Medical Center in Washington is one step closer to gaining approval from the city council after the property’s LRA endorsed the plan last month. Redevelopment likely can’t begin for several years, as the Army is not expected to convey the site for at least 15 months …

Commercial Value of Excess Properties Lower than Expected

  • February 6, 2012
  • comments: 0

The federal government’s hopes to realize up to $15 billion by unloading thousands of excess properties is likely to fall short of expectations, as a majority of its inventory has little commercial value, reports Federal Times. There is only limited demand for the older, empty buildings the government intends to sell …

Array ( )