The Fort Monmouth Economic Revitalization Authority (FMERA) Board this month authorized staff to enter into a Purchase and Sale & Redevelopment Agreement (PSARA) with AP Development Partners for the redevelopment of the approximately 4.2-acre Dance Hall parcel in Oceanport. The property contains the 16,000-square-foot former recreation building, better known as the Dance Hall, Van Kirk […]
Beginning on September 19, the 20th Annual Governor’s Conference on Housing and Economic Development will bring together public and private sector partners, as well as community and housing advocates and industry experts to focus on economic development and housing creation within New Jersey. The two-day conference will be held at Harrah’s Resort in Atlantic City. […]
The Fort Monmouth Economic Revitalization Authority (FMERA) is nearing its goal of taking possession of the remaining 560 acres of land on Fort Monmouth from the United States Army. The Monmouth County Board of Chosen Freeholders recently approved a plan to guarantee $35 million in notes and bonds through the Monmouth County Improvement Authority (MCIA) […]
The Fort Monmouth Economic Revitalization Authority (FMERA) Board this month approved FMERA to enter into a Memorandum of Understanding (MOU) with the New Jersey Economic Development Authority (EDA) for predevelopment services for Parcel F-1 in Tinton Falls that will ultimately lead to redevelopment of the property. Parcel F-1 holds several prominent buildings, including the 673,000-square-foot […]
Diversifying the types of development that it aims to attract, the Fort Monmouth Economic Revitalization Authority (FMERA) issued a Request for Offers to Purchase (RFOTP) at the beginning of the month that seeks proposals for the redevelopment of six former Barracks (Buildings 1102 through 1107) into a cultural center that promotes the arts. The RFOTP […]
With redevelopment well underway on the Fort, the Fort Monmouth Economic Revitalization Authority (FMERA) Board tonight approved conveying the Avenue of Memories, also known as County Road 537 Extension, to Monmouth County. This conveyance remains subject to financing through the County and FMERA’s closing with the Army. We are working closely with the County and […]
June marks six months since the Fort Monmouth Economic Revitalization Authority (FMERA) welcomed technology company TetherView to its new home on the third floor of the approximately 42,300-square-foot Russel Hall building in Oceanport. The private cloud computing services company has spent the last half-dozen months settling in and renovating its property. TetherView anticipates renovating the balance […]
With redevelopment of Fort Monmouth well underway, the Fort Monmouth Economic Revitalization Authority (FMERA) this month reminded developers and other interested parties that responses to the Request for Offers to Purchase (RFOTP) for the Charles Wood Fire Station are due by noon on July 8. The property consists of a four-acre parcel containing the approximately […]
In recognition of National Economic Development Week, observed May 8 through May 14, the Monmouth County Board of Chosen Freeholders unanimously passed a resolution commending the economic development efforts of the Fort Monmouth Economic Revitalization Authority (FMERA). The resolution pointed to the fact that “FMERA has attracted over 1,000 jobs to Fort Monmouth and facilitated […]
Continuing its commitment to further redevelopment at Fort Monmouth and bring jobs to the area, the Fort Monmouth Economic Revitalization Authority (FMERA) issued a Request for Offers to Purchase (RFOTP) earlier this month for the Charles Wood Fire Station parcel in Tinton Falls. The property consists of a four-acre parcel containing the approximately 10,070-square-foot former […]