Fort Harrison Reuse Authority

What Fort Harrison Reuse Authority does

Fort Harrison Reuse Authority (FHRA) is a special purpose unit of Indiana state government created by Indiana statute IC 36-7-30 in 1995 to redevelop the former Fort Benjamin Harrison Army Base in Lawrence, Indiana, following the base's closure that same year. The authority acquired approximately 800 acres from the federal government for $9 million and oversees a 2,500-acre mixed-use district that includes preserved woodlands, a state park, golf course, YMCA, Ivy Tech Community College campus, and roughly 50 converted historic buildings used for residential, commercial, and office purposes.

FHRA's core products and services are land parcels available for sale (Parcel B at ±1.20 acres, Parcel G East at ±1.11 acres, Parcel K at ±0.75 acres, Parcel M at ±2.30 acres, and 5405 N. Post Rd.), an Architectural Review Commission that enforces historic preservation standards under a Memorandum of Agreement with the U.S. Army, the Master Reuse Implementation Strategy that governs zoning and allowable uses, and the Lawrence Village at the Fort Planned Unit Development. There is no proprietary technology product; the authority's "platform" is its statutory authority, its land inventory, and its design review process.

FHRA's revenue model combines one-time land parcel sales to private developers and businesses with a recurring, indefinite Tax Increment Financing (TIF) capture from the special-purpose taxing district that funds infrastructure, bond debt repayment, and ongoing operations. Distribution is direct-to-consumer: prospective buyers contact FHRA at its Lawrence Government Center office, submit projects through the Architectural Review Commission, and coordinate with the City of Lawrence for permits. The authority serves real estate developers, business owners and tenants, individual home buyers, and institutional tenants (Ivy Tech, Benjamin Harrison YMCA, U.S. Army Reserve, City of Lawrence Parks and Recreation), and operates through a five-member volunteer board plus an Executive Director and Operations Director.

Name

Fort Harrison Reuse Authority

Legal name

Fort Harrison Reuse Authority

Website

https://fhra.org

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Fort Harrison Reuse Authority is an Indiana special purpose unit of government that manages redevelopment, land sales, architectural review, and a TIF district for the former Fort Benjamin Harrison Army Base in Lawrence, Indiana.

Ownership category

akta.pro rank

Headquarters

HQ city

Lawrence

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others, Infrastructure

Revenue model

1. Land Parcel Sales: FHRA generates revenue by selling parcels of land to private investors and developers for civilian and local government reuse. The authority acquired approximately 800 acres from the federal government for $9 million and has sold portions to private investors over the years.
2. Tax Increment Financing (TIF): FHRA operates a special purpose taxing district utilizing TIF for the purpose of levying and collecting special benefit taxes for reuse purposes. Unlike other TIFs, the FHRA TIF is indefinite and used to benefit public health and welfare.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Fort Harrison Reuse Authority (FHRA) is a special purpose unit of government that manages the redevelopment of the former Fort Benjamin Harrison Army Base. It sells parcels of land to developers, businesses, and individuals for new construction or renovation, administers architectural review for projects within historical districts, and operates a special Tax Increment Financing (TIF) district to fund ongoing reuse activities across approximately 2,500 acres in Lawrence, Indiana.

Product overview

Fort Harrison Reuse Authority (FHRA) is a special purpose unit of government that manages the redevelopment of the former Fort Benjamin Harrison Army Base. Rather than a unified software product, FHRA offers a portfolio of real estate parcels for sale (Parcel B at 1.20 acres, Parcel G East at 1.11 acres, Parcel K at 0.75 acres, and Parcel M at 2.30 acres), regulatory services including architectural review and the Master Reuse Implementation Strategy for zoning compliance, the Lawrence Village at the Fort Planned Unit Development, and commercial space at its Tech Campus. FHRA facilitates property transactions, enforces architectural standards, and oversees redevelopment projects across the 2,500-acre former military installation.

Differentiator

Problem solved

Functional benefit

Products and services

• Parcel B

Quantifiable outcome

• Nearly 50 buildings converted to residential, commercial and office uses
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Crowe LLPcoreImplementation/ SI/ Consulting PartnerCrowe LLP provides Municipal Advisory Services to FHRA. The firm is located at 3815 River Crossing Parkway, Suite 300, Indianapolis, IN 46240-0977. Contracts with Crowe are executed for annual municipal advisory services (contracts available for 2024 and 2025).

Scale indicators10 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• MassDevelopment: Massachusetts quasi-public economic development finance agency that owns and redevelops former military installations including Fort Devens. Comparable in that it manages the long-tail conversion of former base land under statutory authority with a mixed-use redevelopment mandate.
• Fort Ord Reuse Authority: California reuse authority that managed the redevelopment of the former Fort Ord military base after 1994 BRAC closure. Operated under state legislation with exclusive authority over the former base footprint, mirroring FHRA's statutory structure and base-reuse mandate.
• McClellan Business Park: Former McClellan Air Force Base in Sacramento redeveloped into a 3,000-acre business and technology park. Directly comparable as a former BRAC military installation converted to mixed commercial/industrial use with anchor employers.
• Mare Island Technology Park: Redevelopment of the former Mare Island Naval Shipyard in Vallejo, CA into mixed-use, commercial, and residential space. Comparable former military base conversion with historic preservation obligations.

Broad incumbents

• Brookfield Properties: Major diversified real estate developer operating mixed-use campuses with historic preservation elements (e.g., Brookfield Place). A broader incumbent with comparable large-footprint mixed-use redevelopment and infrastructure operations.
• Hunt Companies: Real estate developer and military housing operator with significant footprint on active and former US military installations. Broad incumbent with direct exposure to base-conversion economics and military-historic property development.
• Catellus Development Corporation: Large-scale mixed-use developer known for redeveloping former military and railroad properties including portions of the former Presidio of San Francisco and Alameda Naval Air Station. Broader incumbent operating across multiple jurisdictions but directly comparable in former-base redevelopment scope.

Others

• Crowe LLP: Municipal advisory firm contracted to FHRA for bond and financial advisory services. Direct service provider with hands-on insight into FHRA's operations; included as an ecosystem participant rather than direct peer.
• National Development Council: Nonprofit economic development organization providing financing and advisory for community redevelopment projects including base reuse and tax increment financing structures. Adjacent ecosystem participant with overlap on TIF and municipal-finance tooling.

Emerging players

• Lincoln Property Company: Large diversified real estate developer active in mixed-use, multifamily, and adaptive reuse of legacy/historic assets. Comparable on adaptive-reuse and historic-rehabilitation execution even though not a government reuse authority.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PL7BbmVzhIMHq-qJIORprd7fqSRPV9oQur
• LinkedInlinkedin.com/company/fort-harrison-reuse-authority

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fort Harrison Reuse Authority