The Fort Monmouth Economic Revitalization Authority (FMERA) this month issued a Request for Sealed Bids for the purchase of the Fort Monmouth Bowling Center and the ground lease of the site on which it sits, an approximately 2.7-acre parcel in Eatontown. The parcel on Saltzman & Wilson Avenue in the Main Post Area of the Fort is located within the Eatontown Route 35 Lifestyle/Tech Center development district.
In issuing the Request for Sealed Bids, FMERA is seeking proposals that are consistent with the Fort Monmouth Reuse and Redevelopment Plan, which contemplates reuse of the building as a bowling alley.
FMERA Deputy Executive Director Dave Nuse noted that the minimum bid that FMERA will accept for the sale of the Bowling Center is $1.13 million. Bidders should also propose an ongoing annual ground lease payment and a minimum ground lease term (in years) in their bid.
The property also includes Building 682, a two-story building that the selected bidder must demolish at its own expense.
A copy of the Request for Sealed Bids can be found at https://www.fortmonmouthnj.com. Proposals are due by July 10, 2017 at noon.