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Major Commercial Development Report March 2018 Prepared by UCEDC for Union County Board of Chosen Freeholders Sergio Granados, Chair

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Page 1: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

Major Commercial

Development Report

March 2018

Prepared by UCEDC for

Union County Board of Chosen Freeholders

Sergio Granados, Chair

Page 2: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

UCEDC, a non-profit economic development corporation, is dedicated to stimulating

economic growth for small businesses throughout Union County by providing them with

resources and solutions for business expansion. Since 1977, UCEDC has helped entrepreneurs

open their doors and assisted established businesses expand into new markets through

innovative lending, comprehensive training initiatives and government procurement programs.

Financing

Access to capital is often a business owner’s largest hurdle. We offer a variety of financing

programs to meet your needs at every stage of your business’s growth. As an SBA lender, we

offer loans from $500 to $5 million through the microloan, Community Advantage 7(a) and 504

financing programs. Speak to our experienced staff to find the option that meets your needs.

Government Contracting

Federal, state and local government agencies spend billions of dollars each year buying goods

and services from small businesses, just like yours. UCEDC can help you break into this

lucrative market through free specialized training programs, one-on-one counseling services,

and assistance in preparing bids and contract management.

Training

Whether you’re looking for short presentations, day-long workshops, or intensive courses,

UCEDC has the training and technical assistance you need to succeed. Our training

professionals will help you master a wide variety of business and financial topics.

Business Tools

UCEDC produces a wide array of Union County business resource reports to provide you with

the insights you need to make smart decisions. Market data, commercial real estate

information, demographic analyses, and comprehensive contact lists for business advocacy

organizations and agencies are just a few of the vital reports you’ll find, free of charge.

Page 3: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

The Major Commercial Development Report focuses on commercial projects of over

$1 million in the planning, construction or recently completed stages. We gather

this information from a variety of sources, such as municipal construction/building

managers, zoning departments, planning officials, and economic development

directors; UEZ and Special Improvement District directors; private economic

development organizations; and county planning officials, along with news articles

and independent research. We are very grateful for their assistance.

Berkeley Heights 1

Clark 2

Cranford 3

Elizabeth 4-7

Garwood 8

Linden 9-11

New Providence 12

Plainfield 13-19

Rahway 20

Springfield 21

Union 22

TABLE OF CONTENTS

Page 4: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

BERKELEY HEIGHTS IN PROGRESS

CHEMTRADE

Type: Private

Location: 235 Snyder Avenue

Composition: This will be the site of a warehouse conversion into manufacturing

location.

Dollar Value: $2.5 Million

Status: Expected completion date unknown at publication of this report.

Developer: Cyma Builders

Contact: Randy Weider

Cyma Builders

725 Skippack Pike, Suite 230

Blue Bell, PA 19422

(267) 718-7306

1

Page 5: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

CLARK IN PROGRESS

TERMINAL AVENUE RETAIL CENTER

Type: Private

Location: 301 Central Avenue

Composition: This will be the site for approximately seven retail shops and

businesses.

Dollar Value: Not reported.

Status: Expected completion date unknown at publication of this report.

Developer: Denholtz Retail Center

Contact: 14 Cliffwood Avenue, Suite 200

Matawan, NJ 07747

(732) 388-3000

2

Page 6: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

CRANFORD IN PROGRESS

10-12 COMMERCE DRIVE

Type: Private

Location: 10-12 Commerce Drive

Composition: This site is a conversion of a 23,585 sq. ft. office space in an existing

office building into a school for special needs.

Dollar Value: Not reported.

Status: Expected date of completion unknown at publication of this report.

Developer: Mack-Cali

Contact: Thomas Golden

Vice President of Development

Mack-Cali

343 Thornall Street

Edison, NJ 08837

(732) 590-1051

3

Page 7: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

ELIZABETH COMPLETED

EAST GRAND ASSOCIATES URBAN RENEWAL

Type: Private

Location: East Grand and Division Streets

Composition: 55,000 sq. ft. retail space.

Dollar Value: $20 Million

Developer: East Grand Division, LLC and Majic Elizabeth I, LLC

Contact: Eduardo Rodriguez

Director of Panning & Community Development

City of Elizabeth

50 Winfield Scott Plaza

Elizabeth, NJ 07201

(908) 820-4160

4

Page 8: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

ELIZABETH IN PROGRESS

VINTY

Type: Private

Location: West Jersey Street, Price Street, and Union Street

Composition: This is a 2.3 acres mixed-use development. The site will include 267

residential units and retail space for a restaurant/bar on the ground

floor.

Dollar Value: $100 Million

Status: Expected date of completion is 2020

Developer: Faros-Mas, LLC

Contact: Eduardo Rodriguez

Director of Panning & Community Development

City of Elizabeth

50 Winfield Scott Plaza, Elizabeth, NJ 07201

(908) 820-4160

ELIZABETH GENERAL HOSPITAL - DEMO

Type: Private

Location: Old Elizabeth General Hospital Site, East Jersey Street

Composition: Some of the old hospital has been demolished. Plans are to include 111

units. Building 2 to be 7 story mixed use with 162 residential units,

retail space.

Dollar Value: $85 Million

Status: Expected date of completion is 2020

Developer: CMT Developers

Contact: Eduardo Rodriguez

Director of Panning & Community Development

City of Elizabeth

50 Winfield Scott Plaza, Elizabeth, NJ 07201

(908) 820-4160

5

Page 9: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

ELIZABETH IN PROGRESS

TRI-PORT KAPKOWSKI WAREHOUSE

Type: Private

Location: 686-762 Kapkowski Road

Composition: 500,000 sq. ft. warehouse for Allied Beverage distribution.

Dollar Value: $100 Million

Status: Expected date of completion is 2020

Developer: Prologis

Contact: Eduardo Rodriguez

Director of Panning & Community Development

City of Elizabeth

50 Winfield Scott Plaza

Elizabeth, NJ 07201

(908) 820-4160

6

Page 10: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

ELIZABETH PROPOSED

REXPLEX – IKEA SHOPPING CENTER

Type: Private

Location: 1 Ikea Drive

Composition: Conversion of RexPlex entertainment facility to Raymour Flanigan

warehouse and showroom.

Dollar Value: $25 Million

Approvals: Pending Planning Board Approval.

Developer: Raymour Flanigan

Contact: Eduardo Rodriguez

Director of Panning & Community Development

City of Elizabeth

50 Winfield Scott Plaza

Elizabeth, NJ 07201

(908) 820-4160

7

Page 11: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

GARWOOD IN PROGRESS

NAME

450-490 SOUTH AVENUE AND 50 & CENTER STREET

Type: Private

Location: 400, 450-490 South Avenue and 50 & 70 Center Street

Composition: This a redeveloped site from former vacant industrial buildings into an

approximately 396,000 sq. ft. mixed-use building. The location will

include 298 apartment units and 19,366 sq. ft. of retail space.

Dollar Value: Not reported

Status: Expected completion date unknown at publication of this report.

Developer: South Avenue Urban Renewal, LLC

Contact: Adele Lewis

Planning/Zoning Board Secretary

403 South Avenue

Garwood, NJ 07027

(908) 789-0710, Ext. 3028

8

Page 12: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

LINDEN COMPLETED

BLUE APRON

Type: Private

Location: 901 East Linden Avenue

Composition: This is the new site of a 495,000 sq. ft. fulfilment center for Blue

Apron.

Dollar Value: $12 Million

Developer: Blue Apron

Contact: Marilyn Coplan

Planning Board Secretary

City of Linden

301 North Wood Avenue

Linden, NJ 07036

(908) 474-8453

HARTZ MOUNTAIN

Type: Private

Location: 1590 Lower Road

Composition: This is a 150,000 sq. ft. distribution center for Walgreens.

Dollar Value: $15 Million

Developer: Hartz Mountain

Contact: Marilyn Coplan

Planning Board Secretary

City of Linden

301 North Wood Avenue

Linden, NJ 07036

(908) 474-8453

9

Page 13: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

LINDEN COMPLETED

340 SOUTH STILES STREET

Type: Private

Location: 340 South Stiles Street

Composition: This is a renovated industrial complex. The 504,000 sq. ft.

modernized site will house the National Tree Company, Arvi

Trucking, Cory Furniture and South Kearny Associates.

Dollar Value: Not reported.

Developer: Cushman & Wakefield

Contact: Chuck Fern

Execitive Managing Director

Cushman & Wakefield

(732) 243-3101

10

Page 14: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

LINDEN IN PROGRESS

LEGACY DEVELOPMENT (FORMER GM PLANT)

Type: Private

Location: Route 1&9 South (Edgar Road)

Composition: The former GM plant will be transformed into 36 acres of retail space

that will include a Walmart, with about 59 acres for

industrial/warehouse.

Dollar Value: $550 Million

Job Creation: Est. 2,400 jobs

Developer: Duke – Linden, LLC

Contact: Marilyn Coplan

Planning Board Secretary

City of Linden

301 North Wood Avenue

Linden, NJ 07036

(908) 474-8453

11

Page 15: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

NEW PROVIDENCE IN PROGRESS

LANTERN HILL

Type: Private

Location: 535 Mountain Avenue

Composition: This is a continuing care retirement community (CCRC) facility.

Construction is now underway for 171 additional independent living

units for Building #6.

Dollar Value: $ 50 Million

Status Expected date of completion for additional living units is 2019

Developer: Erickson Living

701 Maiden Choice Lane

Catonsville, MD 21228

Contact: Keith Lynch

Director of Planning & Development

Borough of New Providence

360 Elkwood Avenue

New Providence, NJ 07974

(908) 665-1400, Ext. 218

12

Page 16: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD COMPLETED

BELLA VITA ESTATES

Type: Private

Location: 33 Westervelt Avenue

Composition: New construction of a five-story, mix-use building comprised of 80

Age Restricted Housing units as well as 8,000 sq. ft. of commercial

space for a child care facility. Residential phase completed and fully-

leased.

Dollar Value: $15 Million

Developer: Steve Cheung

Jeannette Aparicio

Economic Development

City of Plainfield

(908) 226-2513

SUMO

Type: Private

Location: 1024-1034 South Avenue

Composition: This is the site of a mixed-use building with 34 apartments and 8,418

sq ft of retail space.

Dollar Value: Not reported.

Job Creation: 4

Developer: Sumo, LLC

Jacinto Rodrigues

(908) 469-2900

13

Page 17: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD COMPLETED

ART LOFTS

Type: Private

Location: East Second Street & Gavett Place

Composition: This is the site of a mixed-use building with 20 loft apartments and

3,661sq. ft. of retail space.

Dollar Value: $3.5 Million

Job Creation: 5

Developer: Landmark Developers

Frank Cretella

Landmark Developers

(201) 761-0025

400 WEST FRONT STREET

Type: Private

Location: 400 West Front Street

Composition: The former Sears showroom was transformed into 9 apartment units,

4,000 sq. ft. retail space and a 5,000 sq. ft. office space.

Dollar Value: Not reported

Job Creation: 5

Developer: Spark Properties, LLC

William Nierstedt, Planner

City of Plainfield

(908) 753-3664

14

Page 18: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD COMPLETED

FORMER RED CROSS BUILDING

Type: Private

Location: 326 West Front Street

Composition: This is a mixed-use commercial/residential building with 12

apartments and 3,000 sq. ft. of retail space.

Dollar Value: $2.1 Million

Job Creation: 4

Developer: Shun Cheng, LLC

Contact: Sheng Shi Wang

Shun Cheng, LLC

(908) 405-9706

15

Page 19: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD IN PROGRESS

THE MUSE AT GRANT AVENUE STATION

Type: Private

Location: 662-758 South Second Street

Composition: This is a mixed-use, two-phase development that consists of the

construction of a new, 44,000 sq. ft. state-of-the-art facility for a major

wholesale supplier (Phase I) as well as a 5-story multi-family building

comprised of 90 residential units (Phase II).

Note: Phase I of the project, the facility for a major wholesale

supplier, was completed in February 2017.

Dollar Value: $30 Million

Job Creation: 3

Status: Expected date of completed for Phase II is 2019

Developer: J.G. Petrucci Company, Inc.

Greg Rogerson, Principal

J.G. Petrucci Company, Inc.

(908) 730-6909

16

Page 20: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD PROPOSED

701 WEST SEVENTH STREET

Type: Private

Location: 701 West 7th

Street

Composition: This will be a mixed-use commercial/residential building with 14

apartments and seven retail spaces.

Dollar Value: $5 Million

Approvals: Approved by Planning Board, waiting issuance of construction

permits.

Developer:

Arkad Developers Group

Contact: Daniel Riveria (848) 702-3610

719-731 WEST FRONT STREET

Type: Private

Location: 719-731 West Front Street

Composition: This will be a mixed-use commercial/residential building with 20

apartments and seven retail spaces.

Dollar Value: $3.5 Million

Job Creation: 16

Approvals: Approved by Planning Board

Developer: Spark Properties, LLC

Contact: William Nierstedt, Planner

City of Plainfield

(908) 753-3664

17

Page 21: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD PROPOSED

FRONT STREET OFFICES

Type: Private

Location: 216-232 West Front Street

Composition: This will be a mixed-use building with 12 apartments, an office space,

a retail space and an adult day center.

Dollar Value: $4.8

Job Creation: 12

Approvals: Approved by Planning Board

Developer:

Landmark Developers

Contact: Gabe Bailer/Frank Cretella Landmark Developers (201) 761-0025

THE BANK ON THE PARK

Type: Private

Location: 200-212 Park Avenue

Composition: This location will be the site of a 18,276 sq. ft. retail space and a

15,378 sq. ft. banquet facility.

Dollar Value: $4.8 Million

Job Creation: 16

Approvals: Approved by Planning Board

Developer: Spark Properties, LLC

Contact: William Nierstedt, Planner

City of Plainfield

(908) 753-3664

18

Page 22: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

PLAINFIELD PROPOSED

WEST SECOND STREET COMMONS

Type: Private

Location: 101-209 West Second Street

Composition: This will be a mixed-use commercial/residential building with 148

apartments and 12,300 sq. ft. retail space.

Dollar Value: $5 Million

Job Creation: 16

Approvals: Approved by Planning Board

Developer: Landmark Developers

Contact: Gabe Bailer/Frank Cretella Landmark Developers (201) 761-0025

19

Page 23: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

RAHWAY COMPLETED

MERIDIA LAFAYETTE

Type: Private

Location: Main & Monroe Streets

Composition: This is a 115-unit residential complex with a small commercial

component.

Dollar Value: $15 Million

Developer: Capodagli Properties

Contact: Jacqueline Foushee

Director of Community Development

City of Rahway

1 City Hall Plaza

Rahway, NJ 07065

(732) 827-2176

20

Page 24: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

SPRINGFIELD COMPLETED

25 ROUTE 22 EAST

Type: Private

Location: 25 Route 22 East

Composition: This is a two-phase development. Phase I was construction of two

retail spaces. One space is for Kidde Academy, a child care facility

and the other space is for Skyzone, an indoor family entertainment

facility.

Phase II will include retail space for three eating establishments.

Expected date of completion is October 2018.

Dollar Value: Not reported.

Developer: Pop Realty Corporation

Contact: Amy HaPop Realty Corporation

973-379-6164, Ext. 10

21

Page 25: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

UNION PROPOSED

VERMELLA UNION

Type: Private

Location: 1011 Morris Avenue

Composition: This is a mixed-use, two-phase development on the former 42-acre

Merck site that will consist of the construction of 462 luxury

apartments and 40,000 sq. ft. of retail space.

At full build-out, Vermella Union will include over 1,264 luxury

apartments and other uses in a campus-style, mixed-use setting.

Dollar Value: Not reported.

Approvals: Approved by Planning Board. Waiting issuance of construction

permits.

Developer: Russo Development

Contact: Tiffany Abrantes

Township of Union

1976 Morris Avenue

Union, NJ 07083

(908) 851-8509

22

Page 26: Major Commercial Development Report€¦ · The Major Commercial Development Report focuses on commercial projects of over $1 million in the planning, construction or recently completed

75 Chestnut Street

Cranford, NJ 07016

908-527-1166 / [email protected]

www.ucedc.com