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Re: Peapod inks lease for Jersey City distribution center
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From the JJ comments:
Quote:
Speaking of investing in major parks.(is that for a park or a warehouse?) Hey Jerry remember how everyone down Marion and even the County guys wanted the entire PJP land (86 acre?s) for a park or an 18 hole golf course that was affordable for the people of JC? (not like the $500K membership admission at the Liberty National course) The county was willing to buy ALL of the land for open space. But no you had to butt in and demand a 3 football field size warehouse with 150 truck bay?s be built. So much for the park..oh wait the people did wind up with a sliver of land for a park along the side of the massive trucking terminal. Thanks and shame on you. I see the warehouse is being built now many years after ?your deal?. Will it bring as many jobs as the Goya deal? A whole 9 new jobs?
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It again shows how out of touch you are with the people of JC. Do you realize how bad the traffic is in that area of the city at rush hour? And you are going to introduce 150 trucks into the mix. I hope you sit in the traffic like the rest of us getting to and from work on your next job.
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Maybe your running mate Dan L. can explain it better than me. Nice video Dan thank you for caring about the people of Marion. (here?s a free plug)
http://onejerseycity.com/?p=309


PS- I don?t know if you drive by the PJP property. They have been working on it for a few months now. They are actually adding a 3rd traffic lane on Rt 1&9 in front of the property. It is to handle the lines of trucks entering and leaving the warehouse.

Just imagine the line of existing trucks trying to take the Duncan Avenue U-Turn to get back onto Rt 1&9 towards the Tonnele Avenue Circle over by Broadway. Talk about C-armageddon!!

Click on the animation video in this link. Look at all of the beautiful trucks.

AMB Pulaski Distribution Center

http://ambpulaski.com/




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Posted on: 2013/4/11 3:49
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Re: Peapod inks lease for Jersey City distribution center
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wow, maybe my math is bad...but this sounds like a really rich incentive

Posted on: 2013/4/11 2:12
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Prologis breaks ground on major industrial project in JC
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The company was slated to officially break ground today at the future Pulaski Distribution Center, a facility along the Hackensack River that will have nearly 900,000 square feet of space. And it's celebrating the milestone with two major tenants firmly in hand, Peapod, a subsidiary of food retailer Ahold USA, and Imperial Bag & Paper Co.

New industrial facility

Posted on: 2013/4/11 1:23
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Peapod inks lease for Jersey City distribution center
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December 10. 2012 2:14PM

Peapod inks lease for Jersey City distribution center
By Katie Eder - NJBIZ

Though Peapod had considered a site in New York for its new distribution center, the online grocery seller has signed a long-term lease for 345,000 square feet of industrial space in Jersey City, moving forward on a $34.6 million Urban Transit Hub incentive it was awarded in May to open the facility in New Jersey and create 380 jobs for the state.

Peapod, a subsidiary of Ahold USA Inc., will roughly split 740,000 square feet of warehouse space in the planned 880,000-square-foot Pulaski Distribution Center with Imperial Bag & Paper Co., which was approved for a $29.1 million Grow New Jersey tax credit by the New Jersey Economic Development Authority in August.

According to Robert C. Kossar, executive managing director for Jones Lang LaSalle, which represented property owner Prologis in the lease transactions, "both companies went through an exhaustive process looking at properties close to New York because their businesses require them to be right on top of Manhattan, but a building like this flat out doesn't exist this close to New York City anywhere else."

"We were very focused on getting an e-commerce or a food business tenant for this property, and with Peapod, we got both," Kossar said.

In an e-mail through a spokesman, Lt. Gov. Kim Guadagno said both companies are "not only staying in New Jersey, but they're making significant financial investments and creating jobs for New Jerseyans," as Peapod will make a capital investment of more than $94 million, create 380 new jobs and 242 construction jobs and retain 90 jobs in the state, and Imperial Bag will make a capital investment of more than $57 million, create nearly 390 construction jobs and retain 364 jobs in the state.

"By working cooperatively with both companies, New Jersey was able to ensure that these companies and their workers not only stay in New Jersey for years to come, but also provide new opportunities (for) New Jerseyans long into the future," Guadagno said in an e-mail.

In a statement, Jay Cornforth, president of the east region of Prologis, said the planned logistics facility ? which is situated on a 50-acre former landfill site ? "is an important development project for Jersey City that will transform this former waste disposal site, help to advance economic conditions and improve the local community."

Kossar said construction on the warehouse is scheduled to be completed by the end of 2013 and prepared for occupancy by early 2014.

http://www.njbiz.com/article/20121210 ... -City-distribution-center

Posted on: 2012/12/11 0:38
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