Concord Naval Weapons Station Redevelopment Plans Move Forward With Navy’s Approval of Term Sheet

Navy approval advances plans for 12,272 homes at former Concord weapons station

Plans to redevelop an abandoned naval weapons station in Concord moved forward this week when the U.S. Navy approved a financial agreement reached with the city earlier this year. City officials announced Thursday that the Navy approved the term sheet for the project at the former Concord Naval Weapons Station. The Concord City Council in […]

Concord Naval Weapons Station Redevelopment Plans Move Forward With Navy’s Approval of Term Sheet

Plans to redevelop an abandoned naval weapons station in Concord moved forward when the U.S. Navy approved a financial agreement reached with the city. The post Concord Naval Weapons Station Redevelopment Plans Move Forward With Navy’s Approval of Term Sheet first appeared on The Contra Costa Pulse.

U.S. Navy Approves Key Financial Agreement For Concord Naval Weapons Station Redevelopment

The U.S. Navy has approved a key financial agreement for the redevelopment of the former Concord Naval Weapons Station, moving the massive Base Reuse Project another step forward. The approved term sheet establishes the price and payment terms for approximately 2,422 acres of former Navy property that will eventually be transferred for redevelopment. Master developer Brookfield supports the agreement. The project will now move into preparation o…