The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $12.8 million grant to the Roosevelt Roads Local Redevelopment Authority to build and establish the Marine Business, Research & Innovation Center (MBRIC). The EDA grant, to be matched with $3.2 million in local investment, is expected to create nearly 29,500 jobs and spur […]
The former Roosevelt Roads Naval Base, which has been in the hands of the Puerto Rico government for about eight years, will undergo a $50 million infrastructure upgrade in preparation for the selection of a master developer for the property, News is my Business confirmed. Nilda Marchán, executive director of the Local Redevelopment Authority for […]
Looking to accelerate economic development on the grounds of the former Roosevelt Roads Naval Base in Ceiba, and launch new projects and strengthen the electrical infrastructure, the Department of Economic Development and Commerce (DDEC, in Spanish) announced it has chosen IBD Energy to develop and run a multi-user renewable energy microgrid for the area. Economic […]
Construction of the LoopLand Hotel, a $200 million property that will become the first hotel that will open on the former Roosevelt Roads Naval Base in 2022, was announced Thursday. The proposal presented by the company behind the project, Brillembourg Group, calls for redeveloping about 750 former military homes on the former base in Ceiba […]
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.5 million grant to the Roosevelt Roads Redevelopment Authority to rehabilitate a building and make other infrastructure improvements on former Naval Station Roosevelt Roads. The EDA grant will support early-stage businesses focused on the visitor economy and is […]
The Puerto Rico government has signed a collaborative agreement with Florida-based RS&H Inc. to conduct a feasibility study to establish a commercial spaceport at the José Aponte de la Torre Airport, in the former Roosevelt Roads naval base in Ceiba. The study will cost $75,000 and should be ready by June 30, 2019. “We believe […]
The expansion of the direct marketing customer service center will generate 300 jobs in its first phase.
The Roosevelt Roads Redevelopment Authority has opened a call for proposals to develop a renewable energy micro grid for power generation and distribution at the former Roosevelt Roads naval base in Ceiba.
When Roosevelt Roads Naval Station ceased operations in 2004, the surrounding region suffered a significant population and financial loss.
The U.S. Department of Agriculture announced Monday the availability of $6.6 million for Puerto Rico water and waste infrastructure programs that will benefit several towns as well as the Roosevelt Roads Redevelopment Authority, which is getting the bulk of the assignment.
The U.S. Small Business Administration announced Thursday the designation of an additional 516 census tracts qualified as Historically Underutilized Business Zones (HUBZones) in Puerto Rico, for a new total of 776.
The Marine Environmental Remediation Group, flanked by Puerto Rico government officials, announced Wednesday the agreement to establish a new ship recycling facility in the marine port of the former Roosevelt Roads U.S. Naval Base located in Ceiba.
The U.S. Small Business Administration (SBA) will host a Destination: HUB event for small businesses at the former Roosevelt Roads Naval Station in Ceiba, Puerto Rico on Mar. 18 at 9:30 a.m.
A trio of US lawmakers expressed their support of a Promise Zone application for the Local Redevelopment Authority for Roosevelt Roads that, if approved, would create a bridge between federal agencies and local leaders to boost the area’s economic activity and opportunities.
Nonprofit environmental organization Para La Naturaleza recently signed a 20-year lease with the Roosevelt Roads Redevelopment Authority to open a visitor’s center at the former naval base in Ceiba.
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