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Bidder Support Office: 800.434.5880 www.Roosey-Roads.com



NEWS AND UPDATES


Sale Process Update
On Wednesday, April 30, 2008, the U.S. Department of the Navy's BRAC Program Management Office ("BRAC PMO") received Sealed Bid Offers pursuant to the Roosevelt Roads "Invitation to Bid" publication for the sale of Sale Parcels I and II only. Subsequent to receipt and review of the Sealed Bid Offers, the BRAC PMO has elected to reject all offers received and to postpone the planned Public Sale Offering until further notice. All bidder deposits received will be promptly returned, and all registered bidders and other interested parties are encouraged to continue their due diligence investigation and redevelopment planning efforts, in anticipation of a future offering of any or all of the previously advertised three (3) Public Sale parcels.

Please contact the Roosevelt Roads Bidder Support center at 800.434.5880 or via e-mail at info@Roosey-Roads.com with any questions or requests regarding due diligence support or information.











WHAT'S FOR SALE


In an incredibly rare and extraordinary revitalization opportunity in the Caribbean, the Department of the Navy is selling approximately 2,900 acres...





GETTING STARTED


The best way to begin the opportunity investigation process is to complete our simple Registration Form. Registering on the Roosevelt Roads...






DUE DILIGENCE LIBRARY


Many of the Due Diligence materials that will be sought by prospective bidders will be available electronically via the "Virtual Due Diligence Library". To access these...






PORTAL DEL FUTURO


Under the Governor's Executive Order, Portal del Futuro, was created as the Local Redevelopment Authority (LRA) for planning and implement of property reuse at the former Naval Station Roosevelt Roads. Portal del Futuro is the public face of the Commonwealth's Department of Economic Development and Commerce. Their purpose is to generate economic development and integrate strategies for reuse that offset the economic impacts associated the base closure. In developing the reuse strategy the LRA adopted an approach that incorporated opinions and input from residents directly affected in the surrounding communities. As one of the Government's key projects...







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