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Posts Tagged ‘property disposal’

Questions Remain following Army’s Decision to Transfer Ft. Monroe Property

  • April 15, 2013
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Plenty of questions remain for the Fort Monroe Authority after the Army last month unexpectedly said it was ready to transfer 313 acres of the historic post located on the Virginia shore of the Chesapeake Bay to the LRA. For one, what will happen if the governor’s office does not accept the parcel from the Army? The attorney general’s office is reviewing the Army’s quitclaim deed …

Reforming Federal Property Disposal Still a Priority of Congress, White House

  • April 9, 2013
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Despite recently auctioning off a high-profile property in Northwest Washington, D.C., the federal government still has a way to go in its effort to streamline the process for agencies to dispose of excess properties. Last month a development team submitted the winning bid of $19.5 million to purchase the Georgetown West Heating Plant, a vacant property over the past decade that has cost $3.5 million in annual upkeep. Still, only a minority of the savings made in response to President Obama’s initiative to cut real estate spending has come from getting rid of some of the federal government’s 14,000 excess properties …

Reuse at Myrtle Beach AFB: The Long Road to Success

  • April 1, 2013
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On the 20-year anniversary of the closure of Myrtle Beach Air Force Base, S.C., the Sun News recounts the numerous difficulties facing local officials trying to redevelop the 3,937-acre installation. Today, the former base is the home of a variety of uses, highlighted by the Market Common, a town center with upscale shops and restaurants, and neighborhoods with more than 1,200 homes that follow the principles of New Urbanism. The project also features new general aviation and commercial airport terminals, and a technology and aerospace business park …

Army’s Sudden Transfer of Ft. Monroe Property Alarms LRA

  • March 31, 2013
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The Army unexpectedly transferred 313 acres at the former Fort Monroe on Thursday to the site’s LRA, leaving a series of unanswered questions regarding the ongoing environmental cleanup, the border of the property reverting to Virginia and other matters. The Army and state officials had been discussing for more than a year the terms of how the Army would transfer the portion of the 570-acre post slated to revert to the commonwealth. The negotiations were intended to resolve who is responsible for the cleanup, long-term building maintenance, and the transfer of utilities and roads, reported the Daily Press …

Horsham LRA to Serve as Master Developer for Willow Grove Redevelopment

  • March 25, 2013
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The LRA for the former Naval Air Station Willow Grove intends to act as master developer for the 862-acre property, and now is preparing an application for an economic development conveyance to obtain the entire site. The LRA’s consultant, Matrix Design Group, is working on the project’s business plan, which it plans to complete later this year. The Navy and the Horsham LRA likely won’t complete negotiations over an EDC before March 2014 …

Negotiations to Purchase Stratford Army Plant Continue

  • March 24, 2013
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Discussions between the Army and Point Stratford Renewal over the purchase of the former Stratford Army Engine Plant in Connecticut still have not been completed, more than six months after the federal government selected the Connecticut-based development team. The developer has agreed to assume responsibility for cleaning up the 77-acre site but wants the Army to clean up the mudflats along the Housatonic River. The Army is discussing the issue with the Connecticut Department of Energy and Environmental Protection …

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 …

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