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Possible military closure may help developers: naval headquarters has been added to BRAC list.

Publication: San Diego Business Journal
Publication Date: 25-JUL-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Possible military closure may help developers: naval headquarters has been added to BRAC list.(Government)(Base Realignment and Closure)

Article Excerpt
Downtown San Diego developers are now a step closer to bidding on a prime piece of bay-front real estate.

The Base Realignment and Closure Commission, charged with making recommendations to downsize the nation's military operations in an effort to save the federal government money and increase efficiency, slated the 83-year-old Navy Broadway Complex at the North Embarcadero for closure or realignment on July 19. The Marine Corps Recruit Depot, while brought up as a candidate, was not added to the BRAC list.

BRAC Commission Chairman and Rancho Santa Fe resident Anthony J. Principi cautioned the Associated Press on Tuesday, after the vote, that being on the BRAC list "does not necessarily mean the base will be realigned or closed."

It is the first step toward base...

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