Tuesday, April 30, 2013
Proposals due by June 10, developers will likely be selected later this summer
The Fort Monmouth Economic Revitalization Authority (FMERA) is receiving proposals for parcels of Fort Monmouth that will become the town centers for Eatontown and Tinton Falls. FMERA issued requests for offers to purchase (RFOTP) for three Fort Monmouth parcels last month; two of which will are scheduled to become town centers. Eatontown's Parcel B is a 55-acre tract located along the Fort’s Route 35 frontage in the Main Post’s Eatontown Reuse area. The property currently includes six 80,000-square-foot World War II-era buildings, which were last used as administrative facilities and as the home of West Point Prep. Those buildings will likely be demolished to make room for the Eatontown town center. The Fort Monmouth Reuse and …
Thursday, January 24, 2013
Next week redevelopers will hold the first of a planned series of tours for the public.
You may have lived within a stone's throw of Fort Monmouth your entire life, and yet never had the opportunity to peak behind the brick and barbed wire. Well, now's your chance. On Jan. 30 the Fort Monmouth Economic Revitalization Authority (FMERA) will host its first community bus tour of the former Army installation. This is the rescheduled date for a planned November tour which was put off following Hurricane Sandy. The fort saw flooding in about a third of its property. On the upcoming tour, members of the public are invited to see the former post and hear from FMERA staff about the redevelopment effort. Due to the capacity of the buses, tours are limited to 60 members of the public, and seats will be reserved on a first come, first …
Thursday, July 19, 2012
Economic Revitalization Authority enters lease with Army for office space on fort property
What began as a routine approval of a short term lease agreement with the Army for office space on Fort Monmouth property turned into a protracted discussion of transparency Wednesday night. The Fort Monmouth Economic Revitalization Authority moved to approve a lease agreement that would turn the former post library into office and meeting space for the local redevelopment authority. But when Eatontown resident Bob English asked about the security plan for public access when the revitalization authority holds its public meetings there, he touched off a hot button issue for many who wonder, as one resident put it, "what is happening behind the curtain." Shrouded in confidential real estate dealings and state government processes that differ…
Monday, January 23, 2012
State law changed to include council members as recognized town representatives for redevelopment meetings.
Earlier this month, the joint New Jersey Assembly passed a bill to amend a statue governing the board in charge of Fort Monmouth's redevelopment. The change allows the mayors of the boroughs of Eatontown, Oceanport and Tinton Falls, as members of the Fort Monmouth Economic Revitalization Authority (FMERA), to each designate a council member of their town to represent them at authority meetings and act on their behalf. The previous law limited the power of the three mayors and other ex officio members of the authority to designate only an employee of the member's department or office to represent them at meetings of the authority where the designee may act on their behalf. This legislation could be particularly important as the …
Tuesday, December 6, 2011
Agreement still needs fine tuning but officials say things should get rolling in the new year.
Fort Monmouth redevelopers will split the sale and lease proceeds of Fort Monmouth with the property's owner, the US Army. Officials from the Fort Monmouth Economic Revitalization Authority called the deal "fair" on Monday when they announced an outline of the Memorandum of Agreement recently drafted between FMERA and the Army, which still owns the property. FMERA's Executive Director Bruce Steadman told Patch that it took some time to build the Army's trust in FMERA's efforts and the authority's ability to bring in good potential users for the site. "I think when we started (negotiations) in September they were thinking more like 80/20," Steadman said. There are varied reasons the Army is not keeping 100 percent of the proceeds, to …
Agreement still needs fine tuning but officials say things should get rolling in the new year.
Fort Monmouth redevelopers will split the sale and lease proceeds of Fort Monmouth with the property's owner, the US Army. Officials from the Fort Monmouth Economic Revitalization Authority called the deal "fair" on Monday when they announced an outline of the Memorandum of Agreement recently drafted between FMERA and the Army, which still owns the property. FMERA's Executive Director Bruce Steadman told Patch that it took some time to build the Army's trust in FMERA's efforts and the authority's ability to bring in good potential users for the site. "I think when we started (negotiations) in September they were thinking more like 80/20," Steadman said. There are varied reasons the Army is not keeping 100 percent of the proceeds, to …
Bob English
11:11 am on Tuesday, April 30, 2013
With a rapidly declining ratable tax base, the last thing Eatontown needs is more rental appartments since 50% of the housing in town are already rentals. (Monmouth County average is 25% with many municipalities well below that number.) Note that while rental housing units are 50% of the towns dwelling units, they only contribute 8% towards the tax levy with the rest made up by homeowners and … more ›