US Navy has approved terms for redevelopment of 2,422 acres at California’s former Concord Naval Weapons Station; the master developer will pay $44.6 million plus interest as the abandoned military site moves toward a new future
- The naval weapons station opened in 1944 as a munitions storage facility and fell out of use in 1999The US Navy has approved an agreement that clears the way for the redevelopment of about 2,422 acres at the former Concord Naval Weapons Station in California.
- The agreement allows the City of Concord and master developer Brookfield Properties to move ahead with plans for the former military site, SFGATE reported Friday.
- Although Concord officially marked the property for redevelopment in 2006, t
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- The naval weapons station opened in 1944 as a munitions storage facility and fell out of use in 1999The US Navy has approved an agreement that clears the way for the redevelopment of about 2,422 acres at the former Concord Naval Weapons Station in California.
- The agreement allows the City of Concord and master developer Brookfield Properties to move ahead with plans for the former military site, SFGATE reported Friday.
- Although Concord officially marked the property for redevelopment in 2006, t
Sources: Times of India