Acquiring surplus federal property from the Navy for redevelopment activities isn’t quite a simple as it might appear. This handy chart below attempts to illustrate the process of how former NASB parcels are conveyed to MRRA and other entities.
There are several steps along the way. First of all, property must be cleared of any environmental issues before it becomes suitable for conveyance. After an environmental impact study is completed, it is determined how the property will leave the Navy’s control. Will the property be conveyed as a title transfer or a lease arrangement? And will it be received for public benefit or for economic development.
For example, Brunswick Executive Airport was transferred to MRRA via public benefit conveyance (PBC) and as such, airport assets may not be sold; only leased. Other PBC properties include Southern Maine Community College and the Town of Brunswick’s open space portfolio. Other buildings, like the Wayfair facility and Flight Deck Brewery, were conveyed to MRRA for economic development projects (EDC).
To learn more about some of these mechanisms, including FOSTs, PBCs, EDCs, LIFOCs, etc. visit the MRRA Redevelopment Glossary.
