Fort Monmouth Economic Revitalization Authority (FMERA) Executive Director Bruce Steadman reminds all interested parties that Friday, February 5 at noon is the deadline to submit proposals in response to the Request for Offers to Purchase (ROFTP) for the Suneagles Golf Course property. Located in Eatontown, the 171-acre parcel of land includes the original 18-hole […]
Technology startup company TetherView spent January settling into its new location on the third floor of the approximately 42,300 square-foot Russel Hall building in Oceanport. The private cloud computing services company signed a sublease for the property on December 18, 2015, in anticipation of closing on the purchase in the next few months. TetherView, which […]
At its December meeting, the Fort Monmouth Economic Revitalization Authority (FMERA) Board approved the Authority’s 2016 Consolidated Budget to support FMERA’s ongoing mission. This year’s budget is intended to expand the Authority’s sources of funding while continuing to control costs and direct spending to advance the Authority on the path toward financial self-sufficiency. “The 2016 […]
2015 was a pivotal year, with the Fort Monmouth Economic Revitalization Authority (FMERA) Board entering into eight Purchase and Sale Agreements & Redevelopment Agreements (PSARAs) with corporations and other entities for the redevelopment of the Fort. “The PSARAs approved this year span a broad spectrum from technology to schools to residential areas,” Director of Real Estate […]
The Fort Monmouth Economic Revitalization Authority (FMERA) issued an unprecedented 10 Requests for Offers to Purchase (RFOTPs) in 2015, putting a combined 306 acres up for redevelopment. “Through the RFOTPs issued this year, FMERA underscored its intentions to create a thriving live-work-play community within the host municipalities and bring jobs back to the area,” FMERA’s […]
The Fort Monmouth Economic Revitalization Authority (FMERA) this month issued Requests for Proposals (RFPs) for the sublease of two properties on the Fort – Buildings 601 and 603. Both are one-story buildings in Oceanport that have been designated in the Fort Monmouth Reuse and Redevelopment Plan as Research and Development (R&D) facilities. Building 601 has […]
With the support of the governing bodies of its three host communities, – Tinton Falls, Oceanport and Eatontown – the Fort Monmouth Economic Revitalization Authority (FMERA) this month approved an Amendment to the Fort Monmouth Reuse and Redevelopment Plan (Reuse Plan). The Amendment includes the following alternative development scenarios for parcels in Tinton Falls: Correcting […]
Reinforcing New Jersey’s commitment to bolstering innovation within the Garden State, the Fort Monmouth Economic Revitalization Authority (FMERA) Board this month approved FMERA staff entering into a Purchase and Sale Agreement & Redevelopment Agreement (PSARA) with TetherView Property Management, LLC for Russel Hall and its associated parcel. TetherView, a private cloud computing services company, currently […]
Fort Monmouth Economic Revitalization Authority (FMERA) Executive Director Bruce Steadman and other local officials were among those in attendance on October 15 as Beacon of Life – Program of All-Inclusive Care for the Elderly (PACE) held the grand opening of its new location on Fort Monmouth. PACE is a Medicare and Medicaid program that provides elderly citizens the […]
On October 8, 2015, the Fort Monmouth Economic Revitalization Authority (FMERA) staff issued a Request for Offers to Purchase (RFOTP) for the Suneagles Golf Course and associated facilities in Eatontown section of Fort Monmouth. The 171-acre parcel of land includes the historic Gibbs Hall, which is a 37,125 square-foot club house/catering facility that can accommodate over […]