Thursday, August 7, 2014

MDA completes largest transaction in re-development of McClellan



The McClellan Development Authority , the group tasked with developing the former fort handed over the keys and the deed for 52 acres of land and 16 buildings to the Center for Domestic Preparedness, ending a four-year negotiation for the FEMA-controlled center to expand its footprint. The transaction, $3.5 million is the largest sale the authority has made since the fort closed in 1999.  The Center for Domestic Preparedness hosted a ceremony Wednesday to seal the deal which will expand the center's footprint from 124 acres to 176 acres.  The transaction mostly involved transferring ownership of buildings that had been leased by the center since 2006, including its Noble Training which first responders use for mass casualty training.

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