Fort Monmouth was officially closed in 2011. The Army left behind about 5 million square feet of buildings that sat vacant for years, according to David Nuse, deputy executive director for the Fort Monmouth Economic Revitalization Authority.
When they got the bulk of the two square miles of property, Nuse says, the focus was to target the tech industry.
“This was the research and development center for the Signal Corps and later for CECOM, so there’s a lot of talent in the local area. A lot of the Army employees and contractors chose to stay here because of the quality of life,” he noted.
The property is about three miles from the beach, and a quarter-mile from a train station that goes right to New York Penn Station. The team hopes this will attract millennials. The goal is then to create a walkable community with amenities like housing, restaurants, and retail to support the tech workers and companies.
“We just sold a building across the street,” Nuse said. “It’s a 1942 dance hall operated by the Army and we’re bringing in a microbrewery, a coffee house and event space to that location.”
Read the full story on NJTV News Online, a content partner of NJ Spotlight.