A Request for Offers to Purchase the approximately 292-acre plot went out in March, with the streaming service provider's speculated interest creating even more buzz around the massive site.

According to the Fort Monmouth Economic Revitalization Authority, under Executive Director Bruce Steadman's purview, the estimated build-out value of projects underway, or in some stage of due diligence, adds up to more than $1 billion.

The updated Request for Offers to Purchase increases the site's footprint to about 292 acres, and is now inclusive of the property's former Bowling Center.

The tract of land purchased by Barker Circle Partnership includes 200,000 square feet of building space made up of four former barracks, the Main Post Fort Monmouth Firehouse and the former Army Communications-Electronics Museum in Kaplan Hall.

State officials have so far sold 80% of the site's 1,126 acres, while 70% of its 5 million square feet of building space is slated for demolition.

As the educational partner in the revitalization of the historic former United States Army base, New Jersey City University’s new site will expand bachelor's and master's degree offerings along the Jersey Shore, giving the school the only four-year public higher education program in the area.

The developer plans to renovate the property and reopen it as a bowling alley and entertainment facility.