September 27, 1997
A change-of-command ceremony was held at Fort Chaffee. Command was transferred from the U.S. Army to the Arkansas Army National Guard when the U.S. Army garrison was deactivated, and Fort Chaffee became the Chaffee Maneuver Training Center for Light Combat Forces. The Fort Chaffee Redevelopment Authority was established to begin redeveloping the 6,000 acres that were turned over to the state. This was to include demolishing more than 700 buildings and rezoning land. The official redevelopment of the base began shortly after land was turned over, and the redevelopment authority is overseeing a number of residential, commercial, and industrial projects in what is known as Chaffee Crossing.