A SOUND INVESTMENT

Woodbridge Township -
2010
A SOUND INVESTMENT
“Ready for Tomorrow’s Economy Today…”
Overview Woodbridge Redevelopment
2010
• Township of Woodbridge Continues to Position
Comprehensive and Coordinated
Redevelopment for 2010 and Beyond
• Pro-Active Approach has Identified Areas that
Will Benefit via Redevelopment
• Coordinated Redevelopment with New
Comprehensive Master Plan
• Goal of Redevelopment:
¾ Dramatically improve physical appearance of
Township
¾ Generate new ratables…Thereby reducing
residential tax burden
Benefits of Redevelopment - 2010
• Provides Comprehensive, Coordinated
Approach to Planning & Redevelopment of
Designated Areas
• Focuses Financial Resources on
Redevelopment Area(s)
• Maximizes Creativity & Flexibility in
Planning, Designating and Financing
Development Projects
• Permits Township to Negotiate with
Developers for Public Improvements
• Fosters Public-Private Partnerships
Woodbridge Redevelopment Agency
Development Projects & Opportunities
Supported creation of 1,000+
employment opportunities in new
business, industry, construction & retail.
New Tools Making
Development Easier
http://www.twp.woodbridge.nj.us
Business Friendly
Development Incentives
ƒ Web-based MLS services for properties
Commercial – Industrial – Retail
ƒ Technical Review Committee for
pre-review
ƒ Expedited Permit Review
WOODBRIDGE
Development ~ Redevelopment
OPPORTUNITIES
Today and
Tomorrow & New Look
Keasbey Brownfield Development Area
Distribution Center
OPENED - Phase Two Underway
150,000 Sq. Ft. Expansion in
Keasbey
Wakefern Warehouse
Keasbey Redevelopment Area
Bayshore Recycling – Public Works
Green Technology Incubator
Pennval Road Redevelopment Site
Greenable Woodbridge Supports
Clean Energy Technologies and
Environmental Manufacturing & Construction
GREENABLE
WOODBRIDGE
Become part of the excitement…
Become part of the CHANGE…
Sustainable Jersey
2010 Champion
Woodbridge on the Move
OPPORTUNITES REALIZED
¾
¾
¾
Corporate Development
Expansion
Re-Location
REDEVELOPMENT AREAS
TOWNSHIP OF WOODBRIDGE - 2010
ROUTE 1
Twelve Separate Areas Designated as
“Areas in Need of Redevelopment”
Sansone Jeep - Dodge
Route One North
Value Furniture Center
2010-2011
Coming Soon to Woodbridge
Route 9
Former La-Z-Boy - Route 9 N.
Opening Soon
Sporting Goods Store
Coming Soon
Autumn Hills Age Restricted Elegant
Housing Development - 112 Units
Opening July 2010 – Rt. 9 North
Available Location – Route 9 South, Fords
Metropark
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•
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Newest addition to Redevelopment list
Surface lot
Study completed Fall 2008 and area designated
Partner with NJ Transit to issue RFP
COMMUNIVERSITY concept… ground floor
retail, restaurants, conference rooms, hotel and
office space and parking
NJ Transit Station
Boosts Economy
Economy 2010 Start
10 Story Metro Top Plaza Building
CENTRA at Metropark
Construction is underway
for a state-of-the-art,
LEED certified 105,000square-foot, five-story
premier office building
located at
86 Wood Avenue in Iselin.
CENTRA at Metropark
Avenel
Avenel St.-Rahway Ave. Corridors
Avenel Arts
Village
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Mixed use Residential
25,000 Sq. Ft. Arts
related Retail
Arts Center for
Performing
Studios, Working Artists,
Galleries, Rehearsal &
Performance Space
Pantheon Warehouse
Route 27
Redevelopment Area
• Five Redevelopment areas have been
designated in the Route 27 Corridor
stretching from the Colonia Country
Club to the Parkway. Redevelopment
of the area will include attracting
restaurants, and additional retail
opportunities to the area.
Golden Era Day Care Facility
Opening 2010
Shell Gas - Iselin
Port Reading
Warehouse Facility
250,000 Sq. Ft. Expansion in Port Reading
OPEN 2010
Newport Gas & Convenience Center
Port Reading
Fords
New Brunswick Ave.
HOPELAWN
• The Hopelawn Redevelopment Area is located
primarily along both sides of New Brunswick
Avenue, from Route 440 to the east and Route 9
and the Garden State Parkway to the west. The
Area consists of 37 parcels totaling 33 acres
(of which 32 acres have frontage on New
Brunswick Avenue).
The remaining five
properties included two landlocked parcels
located behind properties which front New
Brunswick Ave.; one property fronting on Quincy
Court and two properties located between Route
440 and Florida Grove Road.
Hopelawn North Redevelopment Area
Mama Lena’s in Hopelawn
Colonia
Inman Ave.
Inman Ave. - Colonia
Bella Gina’s Italian Deli
BoHo Chic Clothing
Colonia
NEW Fresco Greek
Restaurant in Colonia
Walgreens – 2nd Location
Rt. 35 – St. George Ave.
Woodbridge
Main St.
Woodbridge & Main Street Area
• Woodbridge Rehabilitation and Transit Village
Plan runs from Route 35 at Main Street, to the
NJ Turnpike to the South and West, and
Freeman Street to the North. The area is
comprised of approximately 400 properties.
Rehabilitation of the area will include
attracting restaurant, retail, cafes, educational
uses, open plazas, additional parking lots, and
a facade improvement program.
Woodbridge
PK’S Cafe- Downtown
A twenty-four unit apartment building is
proposed in the downtown area, across from
Town Hall and adjacent to Berkeley College.
Continued Opportunities
The Great Indoors
Bally’s Site
Downtown &
Community
Development
New Additions at
Woodbridge Center Mall…
BANKS
Restaurants Open for Business 2010
Il Castello
Main St. in Woodbridge
Shannon Rose
St. Georges Crossing Plaza - Rt. 35
Ariana’s Grand Banquet Hall
Rahway Ave. in Woodbridge
Kona Grill
Pollo Tropical
Bonefish
Cheeseburger in Paradise
Famous Dave’s
All Located Rt. 1 South
Thank you…
Woodbridge is Ready – Are You?
http://www.twp.woodbridge.nj.us
Redevelopment Development Business Opportunities