Tuesday, March 12, 2013
Howard Commons decision expected in next few months
Several Fort Monmouth properties are on the market, and potential developers are looking to purchase buildings and parcels of land in Eatontown, Tinton Falls and Oceanport. One of these properties is Howard Commons in Eatontown, which is an aged, dilapidated housing development off Pinebrook Road in Eatontown ready for demolition because it's homes don't meet current building safety codes. It consists of 486-townhouse style residential units in 52 buildings built in 1952 that may contain non-friable asbestos and lead-based paint. FMERA issued a request for offers to purchase (RFOTP) for Howard Commons last December. The approximately 64-acre parcel is intended to be developed into housing, as shown in the Fort Monmouth Reuse and …
Thursday, March 7, 2013
FMERA approved sublease of property to county last month
Monmouth County hopes to have the pool and teen center at Fort Monmouth open this spring. The Fort Monmouth Economic Revitalization Authority (FMERA) board approved its lease of the teen center and pool from the Army, and its sublease of the property to Monmouth County last month, according to the FMERA monthly newsletter. The two buildings that make up the teen center are located in the Charles Wood section of Tinton Falls and total 22,636 square feet and sit on approximately 6.5 acres. The property includes an outdoor pool, youth center and a shower/restroom building. The facility will be managed by the Monmouth County Parks Department as a public recreational facility. The outdoor pool will operate on a seasonal basis, while the teen …
Friday, February 22, 2013
The Economic Development Authority disputes recent statements made by Oceanport Councilman Joseph Irace.
The Economic Development Authority (EDA) disputes a local official's stance on the relocation of CommVault to Fort Monmouth property in the Feburary issue of "The Fort." "I felt compelled to set the record straight on the state’s financial incentive programs and provide information on the built-in safeguards the New Jersey Economic Development Authority (EDA) utilizes to protect the public interest," says Tim Lizura, president and chief operating officer for the EDA, in the monthly newsletter produced by the Fort Monmouth Economic Redevelopment Authority (FMERA). Earlier this month, Oceanport Councilman Joseph Irace spoke out publicly against FMERA's alleged wooing of the borough's second-largest employer to relocate to fort property in …
Current operator awarded new contract
Thursday, February 14, 2013
Officials say track would also be used by Memorial School
Eatontown officials have expressed their desire to acquire the running track at Fort Monmouth for the borough. Councilman Dennis Connelly said the county was originally going to acquire the property, which is located off of Park Avenue, but is no longer interested. Connelly said he envisions sharing the property with Memorial School so its students could use the track and field for sports. "It's either going to be our property or an outside agency," Connelly said. "I think this should be a top priority." "I agree with everything you said," Eatontown Mayor Gerald Tarantolo said. Tarantolo said he is meeting with Eatontown School District Superintendent Scott T. McCue and Fort Monmouth Economic Revitalization Authority Executive Director …
Tuesday, February 5, 2013
Oceanport Councilman Joseph Irace says that CommVault will benefit financially from relocating out of the borough, regardless of whether new jobs are created.
Tuesday, February 5
A letter from Oceanport Councilman Joseph Irace: You have probably noticed that the redevelopment of Fort Monmouth has been back in the news with CommVault’s move out of Oceanport and into Tinton Falls. There have been a lot of glowing press releases issued by the Fort Monmouth Economic Redevelopment Authority (FMERA) and local and state officials. Each one of these press releases trumpeted the positive short and long term impact that this move will have on the Fort’s redevelopment and to the community at large. Indeed, the press releases spoke of the virtues of this move and the many thousands of jobs that would be created by CommVault as the result of its relocation from Oceanport to Tinton Falls. Depending on whose press release you …
Wednesday, January 30, 2013
CommVault now allowed to begin construction process
The Fort Monmouth Economic Revitalization Authority (FMERA) and CommVault have closed on a deal that will bring the software company from Oceanport to Tinton Falls property on Fort Monmouth. Tinton Falls Mayor Michael Skudera said the deal was finalized on Tuesday afternoon and that the transfer of the property is complete. "I signed off on the final paperwork last week, the county did the same," Skudera said in an email to Patch. Skudera said CommVault is expected to start its initial site work in the next several weeks. He added that a ground-breaking ceremony will also take place in the "not too distant future." The deal between FMERA and CommVault is the first sale of property at the fort. The sale price of $5.9 million, down from a …
Friday, December 14, 2012
Borough will pay for the building through "in-kind services" in the fort redevelopment process.
Tinton Falls will get its long awaited kindergarten and preschool space thanks to a resolution passed this week by the Fort Monmouth Economic Revitalization Authority. The school building comes to Tinton Falls through a Notice of Interest program, where the Army conveys a property to an entity at no cost, for the good of the public. The 19,600 square foot building, constructed in 1996 and used as a daycare by Fort Monmouth, is located off Hope and Corregidor roads. Tinton Falls Mayor Michael Skudera called the acquisition of the building a "very important milestone" for the the borough. "(Borough Administrator) Gerry Turning and I have been personally working on acquiring this properly for the purposes of using it as additional classroom …
Thursday, December 13, 2012
County says it hopes to open the facility in the spring of 2013.
Dormant now for more than a year, Fort Monmouth's Teen Center and its pool in Tinton Falls will see new life next year under the ownership of Monmouth County. This week the Fort Monmouth Economic Revilatization Authority approved the transfer of the property to the county under a Notice of Interest program, where the Army conveys a property to an entity at no cost, for the good of the public. Freeholder Lillian Burry, who is a member of the board of FMERA, thanked the board for its approval of the NOI and said the facility will be regional. "We're anxious to have it opened and functioning in late spring," she said. Though the county won't pay for the property directly, it will come with costs. As part of FMERA's developer agreement with …
Proceeds will be split between the Army and FMERA, which will reinvest the funds into the redevelopment of the fort.
Officials have accepted a deal with Oceanport's largest company to build its new headquarters on Fort Monmouth property of Tinton Falls. The deal will be the first sale of property at the fort. Fort redevelopers Wednesday night passed an amendment to a purchase-sale agreement with CommVault for a parcel of land in in the Charles Wood section of Tinton Falls where the data management firm will build it's new global headquarters. The property sale is set to close sometime in January at a sale price of $5.9 million, down from a previously agreed price of $6.1 million. The reduction is reportedly due to increased costs CommVault took on in its due diligence process, bringing in engineers of various fields to inspect the property. The Fort …