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As described in more detail in Section B of this Report, the Project Area
<br />suffers from significant blighting conditions as a result of the presence of
<br />obsolete World War II-era infrastructure and facilities. Blighting conditions
<br />such as substandard buildings and inadequate infrastructure hinder the Port's
<br />ability to provide Port facilities the market requires, limiting the Project Area's
<br />potential, and marketability of the property to potential users. In many cases,
<br />buildings must be removed or reconstructed to meet the needs of the market
<br />today.
<br />According to the Rough and Ready Development Plan prepared by
<br />JBF/Entranco Associates Inc., the cost to reuse the site is be approximately
<br />$197 million, or $138,000 per acre. This cost is significantly higher per acre
<br />than other military base conversions across the nation. Table A-2 shows the
<br />reuse costs for the ten largest military bases in the United States. As shown
<br />below, the reuse cost per acre for Rough and Ready Island is as much as
<br />120% higher than other bases.
<br />EXPECTED REDEVELOPMENT COSTS TABLE A-2
<br />ROUGH AND READY PROJECT AREA
<br />10 Largest Reuse Base Acreage Total Expected Cost Cost per Acre
<br />K.I. Sawyer AFB 5,215 $ 75,000,000 $ 14,000
<br />Scott AFB 2,645 310,000,000 117,000
<br />Plattsburgh AFB 3,496 90,000,000 26,000
<br />Fort Devens 3,023 74,000,000 24,000
<br />England AFB 2,282 119,000,000 52,000
<br />Lowry AFB 1,751 123,000,000 70,000
<br />Norton AFB 2,164 191,000,000 88,000
<br />Orlando NTC 1,093 111,000,000 102,000
<br />Pease AFB 2,954 75,000,000 25,000
<br />Philadelphia Naval Complex 1,140 115,000,000 101,000
<br />Average Cost per Acre $62,000
<br />Rough and Ready Island 1,433 $197,300,000 $138,000
<br />Source: Rough and Ready Development Plan, Entranco
<br />Other military bases in the state, such as Fort Ord in Monterey County,
<br />Norton Air Force Base in San Bernardino, and George Air Force Base in
<br />Victorville have used redevelopment as a means to facilitate the transition of
<br />a military base into civilian uses. It is the intent of the Agency to work with
<br />the Port to alleviate existing blighting conditions in the Project Area and
<br />achieve various economic development goals for the community.
<br />Goals and Objectives
<br />Eliminating and preventing the spread of blight and encouraging the reuse,
<br />redevelopment and development of the Project Area are the Agency's
<br />primary reasons for proposing the adoption of a redevelopment plan for the
<br />ROSENOW SPEVACEK GROUP, INC. REDEVELOPMENT AGENCY OF THE CITY OF STOCKTON
<br />MAY 3, 2004
<br /> ROUGH AND READY ISLAND REDEVELOPMENT PROJECT
<br />- A-5 - PRELIMINARY REPORT
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