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Wow I wish I could go back in time to around 2007 and purchase 13-15 Linden Ave. In 2009 Jersey City paid Liberty Storage, LLC one million dollars an acre for that land. 20 Acres = a cool 20 million.

Jersey City breaks ground on $87 million public-works facility

July 17, 2012, 4:29 PM
By Terrence T. McDonald/The Jersey Journal

Jersey City broke ground today on the new $87 million headquarters for the city Department of Public Works and the Jersey City Incinerator Authority, a 150,000-square-foot facility on Linden Avenue East that will replace the two entities? aging Route 440 homes.

The new facility, expected to be completed in about two years, will lead to the demolition of the current homes of the DPW and JCIA, which will pave the way for the long-awaited Bayfront development on the city?s west side.

?This is something that was long overdue,? Mayor Jerramiah Healy said today. ?This is a great thing for our city.?

The 20-month construction project is expected to create up to 250 construction jobs. Once built, the facility itself will lead to lower energy costs thanks to architectural details such as solar panels and radiant floor heating, officials said.

The Police Department?s emergency services unit will also find a home on the lot, just east of Garfield Avenue.

The facility itself will cost $49 million to construct, while the rest of the price tag includes costs to acquire the property, according to Corporation Counsel Bill Matsikoudis.

Morristown-based Honeywell, which owns some of the contaminated properties set to become Bayfront, pitched in $13 million to relocate the DPW and the JCIA, and the rest of the sum will be paid for via municipal bonds underwritten by the federal government, Matsikoudis said.

Bayfront is a planned transit village on 100 acres of chromium-tainted land on the west side that officials hope will be home to thousands of new residents. City officials are hoping it will replicate their success in redeveloping the city?s eastern shore.

http://www.nj.com/hudson/index.ssf/20 ... y_breaks_ground_on_8.html