FMERA and Family Promise of Monmouth County soon will enter into a Purchase and Sale Agreement that will allow Family Promise, a nonprofit organization, to renovate Building 501, an approximately 2,832 square-foot building on Malterer Avenue, with the purpose of providing Homeless Support Services. The conveyance of this property will fulfill one of FMERA’s federal […]
The Borough of Oceanport can soon move forward with its plans for a new municipal complex, following its purchase of land from the Fort Monmouth Economic Revitalization Authority (FMERA). The 13-acre tract of land located in the Fort’s 900 area will be the site of Oceanport’s future town hall, community center and police department building. […]
Fort Monmouth Economic Revitalization Authority (FMERA) Director of Facilities Planning, Rick Harrison, was honored by the FMERA Board for his years of service upon the announcement of his retirement at its August 2nd meeting. Rick has announced his retirement, effective September 1, after over a decade of service, first with the Fort Monmouth Economic Revitalization […]
The Fort Monmouth Economic Revitalization Authority (FMERA) this month approved entrance into a Purchase and Sale & Redevelopment Agreement (PSARA) with the Borough of Oceanport for a 13-acre tract of land in the Fort’s 900 area, paving the way for the Borough to relocate its municipal complex. “Oceanport has been seeking a permanent location for […]
With progress toward its goal of creating a technology hub on the Fort already underway, the Fort Monmouth Economic Revitalization Authority (FMERA) sold the Russel Hall parcel to private cloud computing company TetherView on June 23, 2017. The company, which moved to Fort Monmouth from Staten Island, NY, has been subleasing the 42,300-square-foot Russel Hall […]
Fort Monmouth Economic Revitalization Authority (FMERA) Board members and staff joined with local officials and business leaders this month as AASKI Technology, Inc. held a ribbon-cutting ceremony to celebrate its grand opening at Fort Monmouth’s Building 2525 in the Charles Wood Area in Tinton Falls. AASKI, a defense contractor and communications engineering firm, moved […]
The Monmouth-Ocean Development Council (MODC) this month presented Monmouth County Board of Chosen Freeholders Director Lillian Burry with its President’s Award at its 52nd Annual Silver Gull Award Dinner. In honoring Freeholder Burry, MODC recognized her career-long commitment to economic development within Monmouth County. Freeholder Burry is currently the Fort Monmouth Economic Revitalization Authority (FMERA) […]
With plans to bring additional housing and retail/commercial opportunities to the area, the Fort Monmouth Economic Revitalization Authority (FMERA) Board this month authorized staff to enter into a Purchase & Sale and Redevelopment Agreement (PSARA) with American Properties at Monmouth, LLC. for the sale of Howard Commons. The 63.367-acre parcel is located on Pinebrook Road […]
At its April meeting, the Fort Monmouth Economic Revitalization Authority (FMERA) Board approved the Authority’s 2016 Comprehensive Annual Report. The report is a combination of the results of an independent audit of FMERA’s financial progress and a narrative of the Authority’s accomplishments last year. Upon completing its annual audit of FMERA, the independent accounting firm […]
On March 8, the Fort Monmouth Economic Revitalization Authority (FMERA) issued its first Request for Offers to Purchase (RFOTP) of 2017, seeking redevelopment proposals for the approximately 19.5-acre Barker Circle Complex. In issuing the RFOTP, FMERA is seeking proposals for adaptive reuse of the historic buildings for uses including medium density residential, office/research & development, […]