[CPEO-MEF] REUSE: Brunswick Naval Air Station (ME) housing

[Lenny Siegel <lsiegel@cpeo.org>]

Agency bidding to buy housing used by BNAS
The goal is to control the impact on the area's real estate market as 
the Navy base closes down.

By EDWARD D. MURPHY
Portland Press Herald (ME)
February 27, 2009

The agency that's overseeing redevelopment of the soon-to-be-closed 
Brunswick Naval Air Station wants to buy some of the base's housing stock.

The Midcoast Regional Redevelopment Authority put in a bid for 702 
housing units owned by a company that provides base housing in a program 
with the Navy. Balfour Beatty Communities owns the homes on land that is 
leased from the Navy.

Steve Levesque, the authority's executive director, said his agency 
wants some control over what's done with the housing and is concerned 
that a private buyer could end up depressing rents or housing values in 
the area.

"The uncontrolled allocation of those housing units in the marketplace 
will have a detrimental effect on housing values in the community," 
Levesque said. "We want to manage the disposition of it."

...

For the entire article, see
http://pressherald.mainetoday.com/story.php?id=241887&ac=PHnws

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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