The Department of Defense has awarded the City of Alameda $225,000 to prepare a detailed economic development strategy for Alameda Point, a 918-acre portion of the former Naval Air Station Alameda (NAS Alameda), a city official announced last week.
According to Jennifer Ott, the city's chief operating officer for Alameda Point, "The strategy will result in a cohesive and targeted approach to leveraging the city’s existing commercial tenant base and attracting new commercial and institutional groups to the Alameda Point property, resulting in increased jobs and lease revenues that will help finance future predevelopment and implementation efforts at the property."
If Lawrence Berkeley National Lab (LBNL) , Ott said, the strategic plan "will help position Alameda Point competitively for capturing spin-off companies that want to co-locate near LBNL."
The former NAS Alameda was decommissioned in 1997, costing Alameda about 14,000 military and civilian jobs.
City Manager John Russo said the grant-funded strategy "will identify which types of businesses to target for Alameda Point, with an emphasis on employment generating uses, and will develop a leasing strategy for attracting specific industries to our unique property and existing building stock."