Fort Monmouth Reuse and Redevelopment
This 1100+ acre site in a densely populated area just one hour from Manhattan is targeted for redevelopment once its transfer is complete.
Matrix has been assisting with this transition throughout this base realignment and closure, providing engineering assessments and business and operations planning services. As part of the engineering assessment, Matrix helped determine the viability for existing buildings, streets and utilities, and best approaches and cost modeling for proposed upgrades or replacement.
As part of its business and operations planning efforts, Matrix reviewed and analyzed the existing reuse plan and developed the following components:
- Capital Improvement Plan
- Cost Model
- Operations and Maintenance Budget
- Financial Plan
Matrix also prepared the Economic Development Conveyance (EDC) Application. Since the site is located within three separate towns with different demographics and goals, and the EDA will become the developer, there was significant coordination with a number of public agencies.