Latest Updates
Purchase and Sale Agreement for Dance Hall Parcel Advances FMERA’s Live-Work-Play Vision in Oceanport
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 […]
Fort Monmouth to be Focus of Session at Governor’s Conference on Housing and Economic Development
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. […]
FMERA Receives County Approval for Phase 2 Property Funding
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) […]
FMERA Takes Steps to Advance Redevelopment of 38 Acres in Tinton Falls
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 […]
FMERA Seeks Redevelopment of Barracks as Cultural Center
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 […]
FMERA Board Approves Conveyance of Avenue of Memories to Monmouth County
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 […]
Six Months In, TetherView is Flourishing at Fort Monmouth
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 […]