Thursday, April 20, 2006

Corzine to sign Fort Monmouth development plan

From the Hub:
Corzine will sign fort reuse bill in area

Gov. Jon S. Corzine is scheduled to come to the area Wednesday to sign the bill creating a state-sanctioned authority to direct the future of Eatontown's Fort Monmouth facilities.
...
Corzine's signature is all that is needed to make the bill, a joint effort crafted by both the state Senate and the Assembly this winter, an official document.

The Assembly bill, known as A-2692, was co-sponsored by Assemblyman Michael Panter (D-12) and Assemblywoman Jennifer Beck (R-12) along with Assemblymen Steve Corodemus (R-11) John Burzicelli (R-3), Sean Kean (R-11) and Samuel Thompson (R-13).

The Senate bill, known as S-1472, was co-sponsored by state Sens. Joseph M. Kyrillos (R-13) and Ellen Karcher (D-12).

The new authority will operate in a fashion similar to the state's Meadowlands and Pinelands authorities, Panter has said.

After Corzine affixes his signature, the wheels can be put in motion to form the 10-member authority, which will become the official entity charged with overseeing future uses of Fort Monmouth's land and infrastructure after its scheduled closing by the Pentagon in September 2011.


Senate Bill S-1471 can be found in full here:

Fort Monmouth Economic Revitalization Authority Act(PDF)

Caveat Emptor!
Grim

15 Comments:

Blogger grim said...

Was wondering when we'd begin to hear about the redevelopment of Fort Monmouth.

Redevelopment will most certainly be necessary to make up for the lost jobs in that area.

I just hope that the redevelopment is more than just retail and luxury condos..

Caveat Emptor!
Grim

4/20/2006 06:53:00 PM  
Blogger pesche22 said...

maybe we can get mills involved in this development .

how bout an indoor wave pool
for surfing

4/20/2006 07:12:00 PM  
Blogger bairen said...

Your right Grim. Hopefully redevelopment will include offices and better roads. The race track and shore traffic are a real pain for the locals. Adding a few thousand condos won't exactly help.

4/20/2006 07:15:00 PM  
Blogger grim said...

The need for development of housing is obvious, but the development of even more malls.. Indoor ski slopes?

Religion isn't the opiate of the masses, consumer spending is..

grim

4/20/2006 08:00:00 PM  
Blogger chicagofinance said...

Ugh - another quiet corner of NJ just bit the dust.

By the way, I just attended a function this evening in Morganville/Holmdel. The development out there are an utter embarassment. These McMansions are jarring, disturbing, ludicrous.

What an absolute travesty!

4/20/2006 09:39:00 PM  
Blogger Shailesh Gala said...

Nice article.

http://www.cepr.net/columns/baker/2006_03_30.htm

The best and simplest way to burst a bubble is talk. If the Fed and top treasury officials simply made the basic data available and explained to the public about the inconsistency of current housing prices with long-term trends (as they have done with budget deficits), their warnings would almost certainly be widely reported in the media. Every real estate pusher in the country would have to deal with buyers armed with this information. While the typical homebuyer may never understand these economic arguments, the fact that people in positions of authority are issuing warnings about future house prices would almost certainly dampen their enthusiasm for home ownership.

4/21/2006 12:23:00 AM  
Blogger pesche22 said...

now lets all order our tickets
for the hockey in newark.

this is another waste of time

anybody been down to the baseball
park. you take your life in your
hands. when they put the sewer
pipe in new jersey they can start in newark

4/21/2006 05:33:00 AM  
Anonymous Anonymous said...

I should become a travel agent. For your next vacation, visit Newark NJ!

4/21/2006 06:59:00 AM  
Blogger Metroplexual said...

This comment has been removed by a blog administrator.

4/21/2006 10:41:00 AM  
Blogger Metroplexual said...

From what I have heard from people that have worked on the base is there is alot of hazardous waste in the buildings and cleanup will be required.

That said, imo with the direction the state has taken on smart growth lately, I would not be surprised if the base becomes a smart growth community. I would even think making it a borough autonomous from the municipalities it resides within would assure better planning.

If it is done right it could become a very chic community that has easy commutes to NYC via the sandy hook ferry.

4/21/2006 10:44:00 AM  
Anonymous Anonymous said...

Just what we need, another state agency. Why not let the locals decide what they want/need?

4/21/2006 10:55:00 AM  
Blogger grim said...

Metro..

The big question is, does calling something "smart growth" really make it so?

Heck, who even defines what "smart growth" is?

grim

4/21/2006 11:09:00 AM  
Blogger Metroplexual said...

Grim,

It is pretty well defined in the planning field. It is just when locals see it hey freak out and make modifications. Up here in NW Jersey when people see smart growth they say that is what they left behind. Real smart growth in NJ is only found in 19th century towns in NJ.

I think that the agency is the best approach short of creating the new town. Eatontown is a mess already and home rule is the reason for that. It can be a great opportunity for an example for other places to follow. I also believe that all of the regulatory hurdles will be minimized if they go smart growth.

4/21/2006 11:56:00 AM  
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