Concord, U.S. Navy Reach Term Sheet to Convey 2,422-Acre Naval Weapons Station to Brookfield-Led Reuse Project

After two years of negotiations, the Navy is set to receive an estimated $628 million over a 30-year build-out featuring 12,272 housing units, 6 million square feet of commercial space, and a 25 percent affordable housing commitment — though community benefits and infrastructure deliverables have been reshuffled to fit the deal. The City of Concord […]