Bridge Industrial has taken the reins of a high-profile, long-awaited redevelopment project in Perth Amboy, extending the firm’s more-than-decade-long partnership with the municipality.
Kushner and city officials in Perth Amboy have taken a key step in a plan to bring more than 600 apartments and retail space to a nearly 16-acre stretch along the Arthur Kill waterfront.
A large piece of Perth Amboy’s waterfront is slated to become more than 470,000 square feet of modern warehouse space, recreation space and pad-ready development sites near the city’s downtown, under a plan to clean up and revitalize the long-vacant industrial parcel.
A large stretch of downtown Perth Amboy is now an area in need of redevelopment under state law — as are several other sections of the city — allowing local officials to offer tax incentives, condemn blighted properties and take other steps to help revitalize the properties.
With new leadership in place, officials in Perth Amboy say redevelopment of both the city’s waterfront and its commercial district will be a priority, following years of fits and starts that have hindered large-scale progress in the community.
Bridge Industrial has broken ground on a project that will add more than 1 million square feet of new warehouse and logistics space to Perth Amboy, while helping to repurpose another once-contaminated site along the city’s waterfront.
Officials in Perth Amboy are hoping to sharpen their focus on three key redevelopment areas in the city, touting their access to mass transit and the region’s vast highway network.
