Jones Lang LaSalle
200,000-SF Tech Park Set to Go Under Construction
By Eric Peterson
Last updated: February 2, 2006 08:13am
(To read more on the industrial market, click here.)
SOUTH AMBOY, NJ-Construction work is expected to be under way shortly on Raritan Landing, a 200,000-sf technology park and disaster recovery center on this city's Raritan River waterfront. The project is part of a larger redevelopment that will eventually include a 150-key Marriott Hotel and an attached convention center. Some 750 parking spaces are also part of the site plan, as is "substantial public access to the waterfront," according to a spokesman for the development team.
The city-owned tech park complex is being built by Joseph Jingoli & Son, a Lawrenceville-based construction firm that has been designated by this Middlesex County community as the site's lead redeveloper. Also involved in the project are CS Technology, a New York City-based strategic consulting firm, and Enterprise Infrastructure Holdings, a firm that assists tech companies with their real estate requirements. And Princeton University architectural professor Mario Gandelsonas has been hired as a design consultant.
Raritan Landing is slated to be ready for occupancy by the summer of 2008, according to Michael Caputo of Joseph Jingoli & Son. City officials say they are already talking to several large financial and technology firms "with a Wall Street presence" and possible interest in disaster recovery space, but declined to name possible tenants.
According to South Amboy Mayor John O'Leary, his community sits at the convergence of a network of unused fiber optic cables that tie in with Raritan Landing's use. The waterfront site also provides both water taxi and ferry access to Lower Manhattan, which is about 20 miles away across Raritan and New York bays, he points out.
The Raritan Landing site is also adjacent two new waterfront multifamily communities, Lighthouse Bay and Harbor Village at Lighthouse Bay, both projects of the Pleasantville, NY-based Baker residential. And this past November, the latter announced a third project nearby, Beacon Pointe.
200,000-SF Tech Park Set to Go Under Construction
By Eric Peterson
Last updated: February 2, 2006 08:13am
(To read more on the industrial market, click here.)
SOUTH AMBOY, NJ-Construction work is expected to be under way shortly on Raritan Landing, a 200,000-sf technology park and disaster recovery center on this city's Raritan River waterfront. The project is part of a larger redevelopment that will eventually include a 150-key Marriott Hotel and an attached convention center. Some 750 parking spaces are also part of the site plan, as is "substantial public access to the waterfront," according to a spokesman for the development team.
The city-owned tech park complex is being built by Joseph Jingoli & Son, a Lawrenceville-based construction firm that has been designated by this Middlesex County community as the site's lead redeveloper. Also involved in the project are CS Technology, a New York City-based strategic consulting firm, and Enterprise Infrastructure Holdings, a firm that assists tech companies with their real estate requirements. And Princeton University architectural professor Mario Gandelsonas has been hired as a design consultant.
Raritan Landing is slated to be ready for occupancy by the summer of 2008, according to Michael Caputo of Joseph Jingoli & Son. City officials say they are already talking to several large financial and technology firms "with a Wall Street presence" and possible interest in disaster recovery space, but declined to name possible tenants.
According to South Amboy Mayor John O'Leary, his community sits at the convergence of a network of unused fiber optic cables that tie in with Raritan Landing's use. The waterfront site also provides both water taxi and ferry access to Lower Manhattan, which is about 20 miles away across Raritan and New York bays, he points out.
The Raritan Landing site is also adjacent two new waterfront multifamily communities, Lighthouse Bay and Harbor Village at Lighthouse Bay, both projects of the Pleasantville, NY-based Baker residential. And this past November, the latter announced a third project nearby, Beacon Pointe.
posted by Jones Lang LaSalle NJ News Blog at 12:17 PM
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