Silver lining in base closures?

With another round of military base closures coming, some communities (hardly all) are celebrating the possible release of attractive land for civilian development. There is outright rejoicing in Concord, Calif., and the real estate possibilities are being welcomed to at least some extent in Fort Monroe, Va. and, very reluctantly, in Portsmouth, N.H.. But as AHF reported in 2002, development on former military property can bring with it a lot of extra headaches.

So is it worth the trouble? Anyone got an experience to share?