City of Concord Selects Brookfield to Redevelop Naval Weapons Station
The Concord City Council has selected Brookfield Properties to redevelop the former Concord Naval Weapons Station, the San Jose Mercury News reported. The decision marks a major step forward in Concord’s goal to reinvigorate the 2,300-acre, Navy-owned property, and follows agreements with two previous master developers that were eventually scrapped.
Brookfield’s plan calls for a mixed-use and transit-oriented community that would be the largest development currently underway in the Bay Area, reported the Mercury News. The developer has agreed to designate at least 25% housing on the inland site as affordable, hire 40% of its construction workforce from within Contra Costa County and prioritize connecting the community to the nearby BART station within the first phase of construction.
“Third time’s the charm,” Concord Mayor Laura Hoffmeister said at a Council meeting Saturday. “It is a marathon and not a sprint, but we hope to be able to get to the beginning of the starting line here over the next few months.”
Current timelines don’t project final phases of construction to be completed for another 30 to 40 years.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).