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Latest Updates

FMERA Board Takes Next Step in Amending Reuse Plan for an Alternative Development Scenario in Oceanport

At its September meeting, the Fort Monmouth Economic Revitalization Authority (FMERA) approved the transmittal of Fort Monmouth Reuse and Redevelopment Plan (Reuse Plan) Proposed Plan Amendment #11 to the boroughs of Oceanport, Eatontown, and Tinton Falls. Each host municipality is provided a 45-day comment period, at the end of which it has an opportunity to […]

FMERA Board Authorizes Execution of Purchase & Sale and Redevelopment Agreement with KKF University Enterprises, LLC for the Redevelopment of the Squier Hall Parcel as a University Campus

At its September meeting, the Fort Monmouth Economic Revitalization Authority (FMERA) approved a Purchase & Sale and Redevelopment Agreement between FMERA and KKF University Enterprises, LLC (KKF). KKF proposes to renovate and construct a state-of-the-art, satellite campus in the heart of Fort Monmouth’s Main Post. Squier Hall, also known as Building 283, is a two-story, […]

FMERA Board Authorizes Execution of Agreement to Assign Purchase and Sale Agreement with RWJ Barnabas Health for the Myer Center Parcel

After receiving no viable interest in the existing buildings for reuse from 2010-2017, the Fort Monmouth Economic Revitalization Authority (FMERA) and New Jersey Economic Development Authority (EDA) staff began to explore how the two authorities could work together to facilitate the demolition and redevelopment of the Myer Center parcel. The former Communications-Electronics Research and Development […]

Redevelopment of the Fort Monmouth Lodging Area Moving Forward Following Board Approval of Purchase and Sale & Redevelopment Agreement (“PSARA”) with Somerset Development

The Fort Monmouth Economic Revitalization Authority (FMERA) issued a Request for Offers to Purchase (“RFOTP”) in connection with the planned redevelopment of the Lodging Area along Parker’s Creek in Oceanport in December 2016.  The Lodging Area consists of an approximately 15-acre parcel of land containing eight buildings (Buildings 270, 271, 360, 361, 362, 363, 364, […]

Major Infrastructure Upgrades Completed on the Main Post

During the early stages of Fort Monmouth’s redevelopment, it was determined that the utility demands of future development on the Fort would likely require substantial infrastructure upgrades. Over the past several years, the Fort Monmouth Economic Revitalization Authority (FMERA) has worked collaboratively with gas, electric, water, and wastewater utility companies to develop a comprehensive plan […]