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Posts Tagged ‘property disposal’

Master Developer Competition for Walter Reed Draws Healthy Response

  • March 24, 2013
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Nine teams are competing to be named the master developer for the former Walter Reed Army Medical Center in Upper Northwest Washington, District officials announced last week. The robust level of interest comes as much-needed relief for the city, after it received a total of only three responses to a pair of other projects recently …

Cleanup at NAS South Weymouth Advances toward Finish Line

  • March 19, 2013
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The Navy is still cleaning up the former Naval Air Station South Weymouth 16 years after the installation located outside of Boston closed, but officials believe the effort could be completed in about three years. So far, the Navy has spent $66 million on the effort and it estimates finishing the job will require an additional $25 million, reported the Boston Globe. While remediation could be completed in 2016, monitoring will be required at some sites for decades …

Federal Agencies Directed to Streamline Real Estate Inventories

  • March 17, 2013
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The Office of Management and Budget is imposing a “Freeze the Footprint” policy on federal agencies designed to restrict the growth in their office and warehouse space. To avoid a net increase in their real property assets, compared to a fiscal 2012 baseline, agencies will be encouraged to pursue more co-locations and consolidations while selling off unneeded properties …

Munitions Contractor Agrees to Continue Operations at Closed Kansas Ammo Plant

  • March 11, 2013
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After more than seven years of negotiations with the Army, the munitions manufacturer at the former Kansas Army Ammunition Plant on Saturday accepted the Army’s terms for purchasing 4,112 acres at the site, allowing it to continue operating the plant and preserving the jobs of 150 employees. The move provides a tremendous boost for Labette County in southeastern Kansas, which had been bracing to lose the company’s operation when negotiations over the sale came to a halt earlier this year. At that point, the Army gave Day & Zimmermann until July 31 to suspend operations and vacate the property …

Rantoul Nears End of Wait for Chanute AFB Property

  • February 20, 2013
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When it comes to the cleanup of the former Chanute Air Force Base, located about 120 miles southwest of Chicago, the village of Rantoul soon will be able to see the light at the end of the tunnel. The Air Force still is cleaning up the base 20 years after it closed, but several parcels should be ready for transfer this year, reports the Rantoul Press. The first transfer of 53 acres, part of the village’s airport property, should be completed this spring. The next transfer will include 180 acres near the Rantoul Business Center and a sports complex. The Air Force plans to transfer the remainder of the property to the village next year, according to the story. First, though, officials from the Air Force and Rantoul need to sign an economic development conveyance.

Air Force Transfers Sites to Public Users at McClellan

  • February 18, 2013
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The Air Force has formally transferred property at the former McClellan Air Force Base to two school districts and a museum, pushing the service one step closer to disposing of all 3,000 acres at the Sacramento, Calif., site. To date, the Air Force has transferred about 1,700 acres at the base closed following the 1995 BRAC round to community entities for redevelopment. The remaining portions of the base, primarily the airfields, are expected to transfer in 2014 …

Cleanup Delay Slows Progress at Lone Star

  • February 12, 2013
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The Army’s delay in cleaning up 1,100 acres at the former Lone Star Army Ammunition Plant is slowing the LRA’s redevelopment plans for the northeastern Texas facility that closed following the last round of base closures. “Some of the work has been completed, but the vast majority of it has not. The property is still pretty encumbered by permit regime that makes it very difficult to sell,” said Bill Cork, CEO of TexAmericas Center …

Army, LRA Talks over Ft. Monroe Transfer Stretch Out

  • February 5, 2013
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Negotiations between the Army and the Fort Monroe Authority have lasted much longer than expected due to a dispute over the value of the portions of the property not slated to revert to the commonwealth of Virginia. The Army is asking for a figure that is 10 times the value estimated by the authority, LRA Executive Director Glenn Oder told the Daily Press …

District Launches Search for Walter Reed Developer

  • February 3, 2013
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The District of Columbia last week issued a request for qualifications from prospective firms to be the master developer for 66.6 acres at the former Walter Reed Army Medical Center in Upper Northwest Washington. The city’s reuse plan for the site, which will feature a town center, calls for 1,864 multi-family housing units, 90 townhomes, 767,000 square feet of office space, 212,000 square feet of retail, and 176,000 square feet of other uses such as arts and entertainment …

Ft. Monmouth LRA Secures Anchor Tenant

  • January 30, 2013
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The Fort Monmouth Economic Revitalization Authority gained its first commercial tenant this week after a data management software firm agreed to construct its headquarters on a 55-acre parcel at the former post located in coastal New Jersey. In the next several weeks, CommVault Systems plans to begin initial site work on the first phase of its headquarters, which includes a $70 million, 275,000-square-foot building, reported NJBIZ. The headquarters will require three construction phases over 20 years …

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