Lincoln Equities Group (LEG), announced site-preparation milestones for its 152.9-acre, 1.4-million-square-foot waterfront site, Lincoln Logistics Bayonne.
In a maritime tour of the site on June 5 aboard the Cornucopia Destiny, LEG President Joel Bergstein announced to 100 plus guests that vertical construction at the future logistics hub, the site of the former Military Ocean Terminal at Bayonne (MOTBY), is set to begin in 2020.
The logistics center has site plan approval for up to four buildings between 150,000 and 477,000 square feet, or a single 1.1-million-square-foot site – coupled with 40-foot ceilings, trucking lanes and employee parking. The redevelopment is expected to create 2,700 jobs.
“This development is a perfect example of the City of Bayonne, the Port Authority of New York and New Jersey and private business pulling together to get the project done,” Bergstein said. “We’re just seven miles from Newark and eight miles from the Holland Tunnel. We’re essentially the ‘sixth borough,’ and this will be a prime distribution point for the city.”
In attendance for the June 5 announcement aboard the Cornucopia were Bayonne Mayor James Davis and Council Members Sharon Ashe-Nadrowski, Neil Carroll III, Salvatore Gullace, Gary La Pelusa, Sr. and Juan M. Perez, along with Global Container Terminals (GCT) President John Atkins.
The site contains 62.9 acres of riparian water rights, offers immediate maritime access to the Hudson River and the Newark Bay (via the Kill Van Kull), as well as direct access to the New Jersey Turnpike, Interstate 78, Route 440, Routes 1 & 9 and the GCT (just 800 feet across the channel).