Redevelopers may vote to approve initial stages of lease process which could generate local jobs.
It's still a bit of a mystery but apparently an unnamed federal agency may be setting its sights on vacant space at Fort Monmouth. If all goes as planned, this week redevelopers will kick off a lease process with the US General Services Administration (GSA) to locate a federal agency at building 2525, a 86,000 square-foot office building located in the Tinton Falls section of Fort Monmouth. GSA is responsible for meeting the space requirements of federal agencies. Bruce Steadman, executive director of the Fort Monmouth Revitalization Authority (FMERA), would not give any information about what federal agency would eventually locate at the site since it is part of confidential real estate negotiations. He did say, however, that the lease …
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Authority weighs whether a schedule change would exclude public participation.
Out of all the topics up for discussion at Wednesday's Fort Monmouth Economic Revitalization Authority meeting -- leasing regulations, policing, environmental issues, fair housing and more -- the time at which meetings should be held brought the most debate. Brandon Minde, a representative from the Governor's Office of Authorities (which oversees bodies like FMERA and the Economic Development Authority which oversees it) made a motion to move the meetings to 6 p.m. He cited the meeting's late running time as his reasoning. Members of the board seemed to be divided on the issue, but the public was not. A show of hands of the approximately 20 members of the public, only two were for the change. Nine said they wanted the time to remain 7 p.m…
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11:27 pm on Wednesday, August 15, 2012
Guess the negotiations broke down with the "mystery" agency. Was this perhaps the VA IT contracting group that is already on Industrial Way? If so, then it won't mean hundreds of additional jobs, since they have already expanded and will be merely relocating to cheaper, more appropriate space. Will CommVault also be getting Building 2525 as part of their deal? more ›