The Horsham Land Redevelopment Authority (HLRA) has put out a call for proposals from developers for the redevelopment of the former Naval Air Station/Joint Reserve Base Willow Grove in Horsham, PA, into 862 acres of residential, retail, office, and community space.
The HLRA's redevelopment plan calls for 1,486 residential units of various types,1.8 million square feet of commercial space, including a hotel and conference center; and 452,000 square feet of other uses that would include a regional recreation center, school, historical aviation museum, along with parks and open space.
The agency this week issued a request for proposals to prequalify developers, which will then be invited to participate in a request for proposals expected to begin in the second quarter.
Redevelopment of the former base in Montgomery County, PA, is expected to generate nearly $930 million in construction spending, create 10,000 jobs and generate $15.6 million a year in new tax revenues for Horsham Township, according to a report by the U.S. Navy, which departed from the base in 2011.
The government transferred control of the base to the Pennsylvania Air National Guard and the name changed to the Horsham Air Guard Station.
www.omegare.com
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