A rendering of the planned Lincoln Logistics Center at the former Military Ocean Terminal at Bayonne — Courtesy: Ware Malcomb/Lincoln Equities Group
By Joshua Burd
Lincoln Equities Group is on track to begin vertical construction next year for more than 1 million square feet of new industrial space along the Bayonne waterfront.
The developer, whose site is part of the former Military Ocean Terminal at Bayonne, has spent recent months hauling hundreds of thousands of tons of fill-dirt to the nearly 153-acre site. That is paving the way to begin construction at what will up to 1.4 million square feet of modern logistics space.
Dubbed Lincoln Logistics Bayonne, the project 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 ceiling heights, trucking lanes and employee parking.
“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,” said Joel Bergstein, president of LEG. “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.”
Bergstein made the announcement on June 5 during a maritime tour of the site aboard the Cornucopia Destiny, hosting more than 100 brokers and other visitors. The crowd included the project’s brokerage team from Cushman & Wakefield.
Also on hand 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 President John Atkins.
The redevelopment is expected to create 2,700 jobs and will benefit from its immediate maritime access to the Hudson River and the Newark Bay, LEG said. The site also has direct access to the New Jersey Turnpike, Interstate 78, Route 440, Routes 1 & 9 and the Global Container Terminal facility, which is just 800 feet across the channel.
Atkins said that, with usage of the marine terminal road, products can be moved from the port facility to the new warehouse location without concern of weight restrictions, according to a news release. He also noted that goods can be swiftly transferred to the warehouse to be broken down.
The site, which features a 1,700-foot wharf, offers a central location with ample workforce and readily available housing options, LEG said. The developer is making parcels for the logistics center available for both sale and lease.
The developer acquired the property, a former U.S. Navy repair base during World War II, in June 2018 and oversaw demolition of 70-year-old industrial structures and concrete foundations. To comply with post-Hurricane Sandy standards, the elevation of the site is being raised six feet.