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Fort Monroe LRA Takes Fresh Look at Redevelopment Strategy during Retreat

September 13, 2019

first_imgThe Fort Monroe Authority board on Thursday deliberated over the future of the historic post located on the Virginia shore of the Chesapeake Bay, with a particular focus on whether the authority should sell land at Fort Monroe or lease it as it moves forward with development efforts.While an economic analysis introduced last year by Executive Director Glenn Oder indicated that a hybrid approach may be the best course economically for the authority, many board members said they generally were opposed to sales, reported the Daily Press.One board member argued that private ownership would help leverage the authority’s limited funding for preserving the site’s 110 buildings.The board also broached the question of whether the installation, which was designated a national monument by President Obama in November 2011, should also be made a state park. Such a move would allow the state to charge an entry fee and help Fort Monroe become financially sustainable, said Virginia Secretary of Natural Resources Molly Ward.Another board member emphasized the need for the authority’s development plans to be made in close coordination with the National Park Service.“If the bottom line is, can this place be economically successful and not permanently dependent on appropriations from the General Assembly, I think the only way that’s true is if this is operated as a wholly unified monument complex that is a federal-state joint venture,” he said.The board chairman, former Rep. Jim Moran (D), proposed turning the post into a college campus for baby boomers, a suitable use for many of the buildings and a way to attract a wealthy population.“I think this could be a really exciting campus for lifelong learning,” Moran said. Dan Cohen AUTHORlast_img

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