What is happening to the balance of the Property non-sale parcels?
(See also, Portal del Futuro). Before, during and after the planned public sale, certain portions of the Property, to include the former Navy airfield operations and other areas along the beautiful and enormous waterfront district, will be transferred to various agencies of the Commonwealth of Puerto Rico to include the Puerto Rico Port Authority, through a variety of transfer mechanisms to include Public Benefit Conveyances (approximately 1,880 acres), Economic Development Conveyances (approximately 300 acres), Conservation Parcels via Public Benefit Conveyances (approximately 3,300 acres), and Fed-to-Fed transfers (approximately 270 acres). Federal agencies to receive properties include the Department of Homeland Security, the Puerto Rico Army National Guard, and the U.S. Customs and Border Patrol.
