The redevelopment of Fort Monmouth is a slow process. Slow, like Department of Motor Vehicles
Here's something you should know right off the bat: The redevelopment of Fort Monmouth is a slow process. Slow, like Department of Motor Vehicles — pre-Christie Whitman — slow. There is a lot of filling out of forms and waiting around with a lot of veiled and mysterious movements behind the counter. And that's before any property gets sold or redeveloped. Or before a new job is created there. The latest bit of bureaucracy that redevelopers need to navigate is the Economic Development Conveyance. The EDC is what we would call a business plan and it's chock full of information about the future of that 1,126-acre ghost town in our backyard. Including how redevelopers intend to replace the almost 10,000 jobs estimated to have been lost when the Army pulled up stakes. The feds require redevelopers, who are known at the Fort Monmouth Economic Revitalization Authority (FMERA), to submit this business plan for approval before things get rolling. It's preceded by other steps like the Memorandum of Agreement with the Army, which still owns the fort. You can read more about that here.