I’m attending I.CON today in Jersey City, NJ, a national industrial real estate conference put on by NAIOP. I was able to participate in a tour of Kearny Point, which we were told was the most productive U.S. Navy shipyard during World War II. The site is 130 acres which is being redeveloped as an adaptive reuse project, currently including flexible office space and legacy warehouses which are now in use for the film industry. The film industry in NJ has flourished in recent years thanks to state tax incentives. We were able to tour the (currently inactive) set of Wu Tang (no photos allowed) and a space that was used for filming the pilot for the show “Shelter” coming out soon on Amazon which they hope will be renewed. Very cool on multiple levels and shows the great potential so many places in NJ have for becoming something new and exciting.
So often, a transformation like this starts with a property transaction, and a lender who wants to get an idea of the environmental liabilities associated with a site before moving forward. Or there may be a known history of environmental impacts which needs to be fully understood and addressed as part of the development. This is where my colleagues and I can come in to help you handle any potential environmental concerns. Reach out to me to discuss what we do anytime.
Joelle Freeman, PG, LSRP
Project Manager
Envirotactics, Inc.
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