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 […]
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 […]