TINTON FALLS: One of Fort Monmouth's largest buildings will be razed to the ground in the coming months.
The New Jersey Economic Development Authority (NJEDA) in coordination with the Fort Monmouth Economic Revitalization Authority (FMERA) has issued an Invitation to Bid to demolish the Myer Center, located at Pearl Harbor Avenue and Corregidor Road in the Tinton Falls section of the former fort. The Myer Center is a 673,000-square-foot Cold War-era research center.
After receiving little to no interest from developers for the property, FMERA made the decision to have the building demolished to make it more attractive to potential bidders in the future. FMERA received no offers to the request for offers to purchase (RFOTP) it issued for the property in December, 2014.
"FMERA staff has encountered limited interest in the reuse of the existing buildings due to their size and age, which are a significant impediment to redevelopment, due to their poor condition and the scale of the required demolition," a resolution passed by FMERA at its July 20, 2016 meeting states.
"We've been marketing the Myer Center for over 6 years and there has been no interest and we've exhausted all other known possibilities," FMERA Executive Director Bruce Steadman said at the time.
The Fort Monmouth Reuse Plan calls for the 38-acre space to be redeveloped for a commercial use such as sports, entertainment or hospitality. No residential or retail-based development is allowed at the site.
Bids are due by July 28 and work could begin by mid-October with all work scheduled to be completed by 2019.