Latest Fort Deal: Precedent for Businesses?

Patch asked Oceanport Mayor Michael Mahon to tell us why anyone should pay attention to small deals like AcuteCare.

If your only interaction with Fort Monmouth is to stare at it while sitting in Route 35 traffic, you may be tempted to gloss over news stories about its redevelopment. But while you sit idling, there is action behind the scenes that could affect your future job prospects, and those of your children.

No new jobs have come to fruition yet, but a potential deal in Oceanport could set a precedent for businesses to settle down within the former Army post. And they will certainly affect the taxes that homeowners pay.

Patch asked Oceanport Mayor Michael Mahon to give readers some context about the latest deal that could go through this fall with AcuteCare. You can read more on that story here.

Here's our Q & A with the mayor:

Patch: Why should Oceanport residents care about this, the first real business to set up shop at the fort?

Mahon: The Fort closure has impacts which will be felt for years to come, and the Oceanport governing body has taken a position that current residents shouldn't bear the cost of services associated with the Fort redevelopment. Simply put, the purchasers of various sites within the Fort can expect to support local municipal services, school districts, open space and county services through property taxes.

Patch: Why should area residents care?

Mahon: Because the model will need to be repeated again and again as the fort redevelops. It's important to understand that any benefit offered to one, will be sought by every purchaser that follows. And so, we'll proceed with caution to protect the borough and avoid the temptation to deal away incentives that will burden current and future residents.

Fred M October 01, 2012 at 10:33 PM
I would love to see technology businesses play a lead role here..After all, Fort Monmouth was a birth place of lots of technology first..The walkie talkie was made here...Communications alone for world wars started here..
JosephGhabourLaw October 02, 2012 at 02:08 PM
Having closed many real estate deals, frankly, "What are the taxes?" is a common question. That there isn't a standard way to answer that question for Fort Monmouth, franky, surprises me. While taxes are sometimes replaced by set fees, again, there should be simple formula for what locating at Ft. Monmouth should cost. With so many empty properties, indeed, other ways to use the property should be examined. The issue is again cost, be it conversion to housing, commercial space, and/or a park. http://www.nps.gov/ncrc/programs/flp/brac.html Converting the base into a park would mean that all the towns, the redevelopment agency, and other entities would need to agree -- and find the funds to do so.
Barney October 04, 2012 at 12:54 AM
Puuulease do not try to sound intelligent here Mr M, Fred from Shrewsbury. You are about as cool as a wet fart.
Rick October 04, 2012 at 07:52 PM
We should immediately put a STOP to all development plans at the fort and put it to its best use... a new university for our kids (and our future) - The University of New Jersey! It already has a great infrastructure - housing (dorms!), classrooms, etc. It is perfect and we need it bad! Of course all our greedy local governments (Tinton Falls, Eatontown, etc.) won't like it but it is the RIGHT thing to do. Please join me in making this happen.
Fred M October 08, 2012 at 12:33 PM
Who will pay for the New Jersey University? I am not sure many of these dorms are up to code...I believe now that since the Gov won't own the Buildings, millions will be needed to bring these dorms up to code ...Some University's did look into this..


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