HomeIndependent NewsIndependent BusinessIndependent Business Briefs, July 22

Independent Business Briefs, July 22

T&M Associates, a national engineering and technical services consulting company, announced that Justin Furch has joined the company as the Technology Practice Leader and will work out of the company’s Middletown office. In this leadership role, Furch will grow and manage a team that will enhance projects through technology and innovation while improving and advancing operational efficiencies.

With 22 years of experience, Furch has built and led teams that have managed multi-million dollar technology projects for federal, state and local agencies. His key skills are relational database modeling, database administration, software development and implementation. Furch resides in Bordentown with his wife and three children.

 

The Fort Monmouth Economic Revitalization Authority plans to release a key parcel through its public bidding process in the upcoming weeks. The approximately 80-
acre site, also known as Parcel B, is at Fort Monmouth’s Route 35 entrance in Eatontown.
This gateway project is slated for a medium density, mixed use project with residential and
commercial uses.

“The revised Request for Offers to Purchase for this parcel was drafted with the Fort Monmouth Reuse and Redevelopment Plan’s vision in mind,” FMERA Executive Director Bruce Steadman said.

“However, as a result of the implications of recent market shifts, specifically in retail, we expect to be more flexible on the mix of commercial uses permitted. All bidders will be required to construct 302 residential units as a part of the project,” he said.

The redevelopment of Fort Monmouth is a multi-year reinvestment to repurpose the former military installation. Prior to its closure, the fort had approximately five million square feet of building area. Most of the buildings left behind are targeted for demolition.

So far, the reuse and redevelopment has activated one million square feet of commercial space and more than 200 residential units, along with civic and entertainment uses. Twenty parcels have been sold and 16 parcels are under contract, in negotiation, or in the development pipeline. Visit www.fortmonmouthnj.com for more information.

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