U.S. Navy Transfers Three Parcels to Advance Roosevelt Roads Redevelopment

The U.S. Navy has formalized the transfer of three additional parcels to the Local Redevelopment Authority (LRA) of Roosevelt Roads, advancing the economic revitalization project in Puerto Rico. Licensed Carlos J. Ríos Pierluski, executive director of the LRA and secretary of the Department of Economic Development and Commerce (DDEC), announced this significant milestone. The transfer represents continued progress in transforming the former naval base into a hub for economic development and job creation. This initiative is part of Puerto Rico's broader strategy to diversify its economy and strengthen local communities through strategic infrastructure development.
Originally published on
NotiCel
By NotiCel
Read full article(opens in new tab)Fetched: July 30, 2026 at 10:01 AM



