the 400 area - fort monmouth · • 2,000,000 sf office, research & other commercial •...
TRANSCRIPT
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The 400 Area
Image from: “From Fort to Village: A Vision for Oceanport’s Fort Monmouth
An Oceanport Transit-Oriented Development
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Welcome to Fort Monmouth
Fort Monmouth Economic Revitalization Authority
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20-Year Development Plan
Fort Monmouth Economic Revitalization Authority
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Fort Monmouth Reuse & Redevelopment Plan
• 20-year plan• Buildout by Use:
• 1,585 housing units (over 4,000 new residents)• 300,000 sf non-profit, civic, government & educational
uses• 500,000 sf retail• 2,000,000 sf office, research & other commercial
• Employment at Buildout: 10,000 permanent jobs• Total Investment: $1.5 billion
Fort Monmouth Economic Revitalization Authority
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Fort Monmouth Economic Revitalization Authority
Development Summary
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Fort Monmouth Economic Revitalization Authority
Development Summary
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Fort Monmouth Economic Revitalization Authority
Development Summary
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Fort Monmouth Economic Revitalization Authority
Tinton Falls Commercial Parcel
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PURCHASING PROPERTYAT FORT MONMOUTH
Fort Monmouth Economic Revitalization Authority
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Process & Proposal Evaluations
Fort Monmouth Economic Revitalization Authority
DRAFT
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400 Area
Fort Monmouth Economic Revitalization Authority
available through the RFOTP process late early 2020
Future Transit-Oriented Development
DRAFT
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What is a TOD?
Fort Monmouth Economic Revitalization Authority
A transit-oriented development (TOD) is a residential,commercial or mixed-use development project that has beendesigned to take advantage of nearby transit and includesfeatures that encourage walking, biking and transitridership.
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400 Area Overview
• Located in Main Post, Oceanport
• 79.8 +/- acres
• Up to 234 residential units permitted, 20% of which must be affordable
• Up to 200,000 SF of complementary commercial space
• Targeted for redevelopment as a mixed-use transit-oriented development
• Includes several Army-owned carve-out parcels
Fort Monmouth Economic Revitalization Authority
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Fort Monmouth Economic Revitalization Authority
Image from: “From Fort to Village: A Vision for Oceanport’s Fort Monmouth
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TOD Design Elements
Fort Monmouth Economic Revitalization Authority
• A pedestrian-oriented development concept that incorporates smart design principles and creates a town center
• Ease of walking or biking to the transit station is a top priority
• Wide sidewalks, ample lighting, lush landscaping
• Focus on placemaking – sense of place, aesthetically pleasing building design, features parks / plazas / seating
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TOD Design Elements
Fort Monmouth Economic Revitalization Authority
• Complementary mix of uses including housing, offices, shops, markets, restaurants, salons, services, coffee shops, and boutiques
• Consists of retail on the first floor and residential use of the upper floors, mix of housing types
• Carefully located, designed and managed parking
• Arts, culture, and entertainment must be present
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Oceanport Village Center – The Vision
Fort Monmouth Economic Revitalization Authority
• Attractive mixed-use, walkable, small-scale transit-oriented village
• Create a “Main Street” featuring plazas surrounded with shops, restaurants, & housing along with waterfront access
• 2-3 story buildings with preserved open space and/or wetlands preservation parks
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• Create lively streets with community and cultural amenities
• Designed to be attractive to younger singles and couples without children, as well as older adults looking for smaller housing units
• Establish jitney service to connect various development centers as well as link to NJ Transit rail system.
Fort Monmouth Economic Revitalization Authority
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Fort Monmouth Economic Revitalization Authority
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Why Fort Monmouth?
Fort Monmouth Economic Revitalization Authority
• A live, work, play master plan• Existing community of small businesses & entrepreneurs• Central location / public transportation access• Corporate & Institutional Anchors – Commvault, RWJBH,
Universities• Established amenities & residential communities• Affluent, highly-educated workforce
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FEEDBACK FORUM:Q&A and Discussion
Fort Monmouth Economic Revitalization Authority
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For more information, visit us online at www.fortmonmouthnj.com
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Thank you!Questions? Comments?
Kara KopachDirector of Real Estate Development
Sarah GibersonSenior Marketing & Development Officer