Perth Amboy Redevelopment Agency Joins State and City Officials to Break Ground on 1 Million Square Foot Logistics Park

PERTH AMBOY – APRIL 13, 2023– The Perth Amboy Redevelopment Agency (PARA), in concert with state and local officials, and project developer, Bridge Industrial (Bridge), broke ground today on BridgePort II, a high-capacity storage and distribution center, located on a remediated 73-acre waterfront site.

 

This project, at 1160 State St., marks the latest partnership with Bridge Industrial of Parsippany. Two industrial warehouses are to be constructed; one comprising 243,600 square feet, the other will be 800,000 square feet. Construction is slated for completion by the second quarter of next year.

 

Located on the banks of the Arthur Kill, BridgePort II is being heralded for its strategic location near I-95 and the Outerbridge Crossing, as well as for the significant effort to remediate such a large swath of industrial property.

 

“For years, we have been working with the state and the developer to turn this brownfield into a tax-generating amenity that can benefit our city,” said Perth Amboy Mayor Helmin Caba. “Today, I salute the Perth Amboy Redevelopment Agency for its doggedness in ensuring this project happens. BridgePort II will serve as a shining example of major brownfield redevelopment that other cities will emulate.”

 

It is expected that BridgePort II will generate $2.9 million in gross taxes to the City.

(Visited 101 times, 1 visits today)

Comments are closed.

News From Around the Web

The Political Landscape