Once Polluted, Now Profitable for New Jersey

[THE BOUNCER]

Sweet! LOL

With the number of potential building sites in New Jersey declining, developers seem to be taking a second look at “brownfields,” which are heavily polluted sites ranging from derelict factories to municipal dumps.

Former eyesores are being reinvented as large retail properties, with anchor stores like Home Depot or Target. One factor behind this trend has been a state incentive program that just had its 10th birthday, said Paul D. Cohen, a broker at CB Richard Ellis who recently became head of the firm’s new group specializing in redeveloping New Jersey’s brownfields.


Full Story: http://www.nytimes.com/2008/03/05/bu...rssnyt&emc=rss

[hitmansb]

I guess it's okay for commercial applications, but I sure wouldn't want to live on one of these 'reconditioned' sites.

[Timber]

I think New Jersey is changing the whole waterfront. I know we are already moving our operation in Hoboken to operate out of our Langhorne facility. We are not moving the facility itself as of yet but the writing is on the wall. We have moved all the communication and technical part of the operation so if and when the time comes it will basically be the Physical operation. I have to tell you if they do anything like they did up hear in Boston the effort is well worth the inconvenience. The city hear is beautiful and very user friendly. Despite a lot of bad press and over budgets it is breathtaking if you know what it was like before the Big Dig

[hitmansb]

Originally Posted by Timber

I have to tell you if they do anything like they did up hear in Boston the effort is well worth the inconvenience. The city hear is beautiful and very user friendly. Despite a lot of bad press and over budgets it is breathtaking if you know what it was like before the Big Dig

I visited Boston last summer...agreed that they've done an amazing job with that city. I stayed at the Inter-Continental, which is right in the area that would have been a crappy spot between the previous highway and the water. Now, there are little landscaped parks where the highway used to be...really nicely done.

[THE BOUNCER]

Originally Posted by Timber

I think New Jersey is changing the whole waterfront. I know we are already moving our operation in Hoboken to operate out of our Langhorne facility. We are not moving the facility itself as of yet but the writing is on the wall. We have moved all the communication and technical part of the operation so if and when the time comes it will basically be the Physical operation. I have to tell you if they do anything like they did up hear in Boston the effort is well worth the inconvenience. The city hear is beautiful and very user friendly. Despite a lot of bad press and over budgets it is breathtaking if you know what it was like before the Big Dig

the water front across from the city "the gold coast" is beautiful. been building it up for years. jersey has a bad rep because of places like Newark and the refineries and such but many parts of Jersey is beautiful.