the staff of the Ridgewood blog
Oceanport NJ, Streaming giant Netflix appears to be the top bidder in the race for Fort Monmouth’s Mega Parcel, the single largest property ever put up for sale at the former U.S. Army base.
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Spokesperson for the company told the Asbury Park Press on Wednesday that it’s bid was the “preferred choice” for the 293-acre parcel out of four possible bidders. Officials at Fort Monmouth Economic Revitalization Authority (FMERA), the state agency in charge of the fort’s redevelopment, did not immediately confirm Netflix was chosen, but its executive director told the Press the highest bidder had been contacted.
“FMERA can confirm that it has identified and contacted the highest scoring proposer for the Mega Parcel; however, FMERA will make no further representations relative to the potential purchase of property until such time as the staff is prepared to recommend the approval of a fully negotiated purchase and sale agreement and redevelopment agreement to the FMERA board.,” Kara Kopach, FMERA’s executive director, said.
Kopach said that process may take several months, and “no recommendation has been made to date.”
A spokesperson for Netflix told the Press that their proposal is for a “state-of-the-art production complex” at Fort Monmouth. “If our plans are approved, we hope to build a facility that will create significant economic impact and job growth for New Jersey, a state loaded with creative talent and technical expertise,” Netflix’s spokesperson said.
It was not immediately clear if Netflix would be closing production facilities elsewhere in the country, if it makes the move to the fort. Netflix has studios in both Georgia and New Mexico.
