ABOUT THE ROOSEVELT ROADS REDEVELOPMENT PROJECT
Welcome to the Roosevelt Roads Redevelopment project website, an information and education center about this extraordinary project that will enhance economic and social growth in Puerto Rico. The Local Redevelopment Authority (LRA) is initiating a process to select a Master Developer by publishing a Request for Qualifications (RFQ) for Master Developer Services process on June 30, 2014. Statements of Qualifications were received on August 14, 2014 and after careful review and evaluation the LRA pre-qualified respondents and invited them to participate in the second phase of the Master Developer Selection Process, the Request for Proposals (RFP) for Master Developer Services. Visit the RFQ/RFP Master Developer section for more details.
The Roosevelt Roads redevelopment project encompasses approximately 3,000 acres of developable lands and facilities of high value for a mixed-use development with opportunities in tourism, commercial, recreational, residential, educational and light industrial projects. This property has a prime Caribbean coastline location at the easternmost end of Puerto Rico, with unique proximity to El Yunque National Forest.
Under the Governor's Executive Order, the Local Redevelopment Authority (LRA) was created in 2004 for planning and implementation of property reuse at the former Naval Station Roosevelt Roads. The LRA is the public face of the Roosevelt Roads Redevelopment project. Our objective is to create jobs and spur economic development in the eastern region and Puerto Rico, and integrate strategies for reuse that offset the economic impacts associated with the base closure in 2004.
If you want more information about the project, go to Developer-Investor, click here. If you are interested in aspects about the Community, click here.