CEG

Army to release 35 acres to arsenal business developer

THE BUSINESS REVIEW

Friday, May 16, 2008

By Pam Allen

An additional 35 acres at the Watervliet Arsenal will be released for private enterprise under an agreement with the U.S. Army and the Arsenal Business & Technology Partnership, Army Secretary Pete Geren said Friday. The pending agreement between the two parties likely will involve the sale or transfer of the land so that the nonprofit can continue to attract high-tech companies to the site, officials said.

Full Story