Mayo 18, 2026
A major milestone for the Concord Naval Weapons Station (CNWS) development project has been completed. The City of Concord Local Reuse Authority (LRA) has successfully reached a financial agreement with the United States Navy (Navy) over the price and terms of payment for the approximately 2,422 acres of property to be redeveloped by the Reuse Project under an Economic Development Conveyance. The agreement, the Navy Term Sheet, is supported by Brookfield Residential, the project’s Master Developer.
The Concord City Council, sitting as the LRA, will consider the Navy Term Sheet, revisions to the existing Brookfield Term Sheet and amendments to the Exclusive Negotiating Agreement with Brookfield at their regular meeting on May 26, 2026. Gaining approval of the Navy Term Sheet will allow the LRA and Brookfield to start the drafting of the Specific Plan and other entitlement documents for the project.
The staff report and related documents are posted for public review here. To view information about the upcoming May 26 Concord City Council meeting, please click here.
To learn more about the project, visit concordbpproject.com. To share feedback or ask questions, please reach out to us at engage.concord@brookfieldrp.com.
Brookfield Residential CNWS Project Team