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FY 2015 Defense Spending By State report now available for download.

Fort Monmouth

Purpose: 

Overview

Redevelopment of the former Fort Monmouth is taking hold with a focus on residential and retail development, and the creation of technology cluster.

Monmouth Today

The State of New Jersey established the Fort Monmouth Economic Revitalization Authority (FMERA) as the organization to spearhead base redevelopment efforts at the former Fort Monmouth. These efforts have led to a number of successful redevelopment and job creation activities. Early on, a major cloud software engineering company established its world headquarters on the former base resulting in the development of approximately 55 acres of land, the creation of 900 new permanent jobs, and an initial investment of over $100 million. This job number is expected to grow to 2,000 in the next three to five years. A private healthcare provider is reusing the former Patterson Health Clinic as an outpatient medical facility where 150 people are employed in newly created jobs, with an overall investment of some $5 million. The former base golf course and marina are both in operation, as well as the recreation center and swimming pool. 

As of June 2017, close to two-thirds of the former Fort property is “in play” (i.e., at some stage between initial request for proposal and closing) across 18 different projects. For example, FMERA has either executed or is in the process of negotiating the sale of the former base chapel, the former childcare center, the former fitness center, the former nursing quarters, the recreation center, the pistol range, and several other properties. Redevelopment efforts continue to be focused on residential and retail development; the creation of a technology cluster at the former Charles Woods area and Main Post; and the continued sale of property through the request for offer to purchase process.

Background

Fort Monmouth, located near New Jersey’s eastern shore, provided command, administrative, and logistical support for the Army’s Communications-Electronics Command. The installation occupied approximately 1,126 acres of land contained within three municipalities, the Boroughs of Tinton Falls, Eatontown, and Oceanport, and is located adjacent to the Boroughs of Shrewsbury and Little Silver. Fort Monmouth has easy access to two major metropolitan areas – New York City (1 hour) and Philadelphia (90 minutes).

The challenges that the region faced upon the closure of Fort Monmouth included workforce transition, business retention, and land reuse. The Fort had been one of the largest employers in Monmouth County. The closure of the installation in September 2011 resulted in the loss of 5,500 civilian jobs, representing an annual payroll of over $400 million; and 15,000 contractor positions, with a total economic impact of $1 billion.

Approximately 4 million square feet of buildings are functionally obsolete (40 to 70 years old) and must be demolished. In addition, roughly 200 miles of streets and underground water/sewer pipes must be abandoned and removed, together costing the community approximately $50 million. 

The Fort Monmouth Redevelopment and Reuse Plan encompasses three separate reuse visions and/or plans, one for each borough. The plans call for mixed-use, residential, and commercial uses with an emphasis on high technology and recreation. Developed through a collaborative process, the reuse plan was designed to promote, develop, encourage, and maintain employment, commerce, economic development and the public welfare; conserve natural resources; and advance the general prosperity and economic welfare of the people in the affected communities and throughout the state.

In addition to developing an effective action plan, there were important steps that FMERA took to ensure success. These included:

  • Establishing working relationships between federal (OEA and Army), state, county, and local governing bodies/organizations.
  • Jump-starting the marketing process well before FMERA owned the property, focusing on job-producing high-tech companies, and retail-based and residential support amenities.
  • Establishing advisory committees and working groups that included members of the public.
  • Conducting outreach to organizations that addresses the goals and objectives of the submitted Reuse Plan – focusing on revenue generation, job creation, and community revitalization that seamlessly traverse town boundaries.

Above all, encouraging public transparency and awareness, along with an aggressive marketing plan, and target-market solicitations throughout the process have been critical to the success of the redevelopment of Fort Monmouth.

Updated October, 2017

Point of Contact

Mr. Bruce Steadman
Executive Director
Fort Monmouth Economic Revitalization Authority
www.fortmonmouthnj.com

State:
NJ