Infrastructure

Biggest container ship to ever reach U.S. docks in Elizabeth on Thursday

ROI-NJ Staff (Elizabeth) | ROI-NJ Staff

This is why we raised the Bayonne Bridge. And deepened our navigation channels. On Thursday morning, the largest container ship to ever reach a U.S. East Coast port reached the Elizabeth-Port Authority Marine Terminal. How big is the CMA CGM Marco Polo? It’s big enough to carry 16,022, 20-foot equivalent units — or what those in the industry call TEUs. Most …

Port Authority, seeking to improve cargo operations at Newark Liberty, issues RFPs

ROI-NJ Staff (NEWARK) | ROI-NJ

The Port Authority of New York and New Jersey, responding to a sharp rise in demand for additional cargo space and services, announced Wednesday a major new initiative to expand its cargo facilities at Newark Liberty International Airport. The agency has issued a request for proposals to prequalified firms to lease, operate and maintain two of the airport’s major cargo buildings through …

Powering Economic Development

FirstEnergy | Press Release

JCP&L Helps Promote New Jersey as a Key Business Location For a state to effectively market its economic development attributes, many factors come into play, especially the long-established real estate axiom “location, location, location!” Many businesses and organizations augment a state’s self-promotional efforts, with utilities playing a special role. Site Selection magazine, considered the “Bible” for economic development, recognized FirstEnergy …

Sanofi to help manufacture Moderna COVID-19 vaccine, supporting global supply demands

Sanofi | Press Release

Sanofi is the only company to leverage its manufacturing capacity and expertise to support three different COVID-19 vaccines to support the global supply of vaccines and help address the pandemic Sanofi to manufacture up to 200 million doses of Moderna’s vaccine in the U.S. starting in September 2021 MEDIA UPDATE – April 26, 2021 Sanofi has entered into an agreement …

Argent Ventures And H&R REIT Launch The Cove JC, A Super-Connected Innovation Community For The 21st Century In Jersey City Just Minutes From Manhattan

Heather Scott | PR Newswire

A joint venture between Argent Ventures and H&R REIT announced today the launch of The Cove JC, a global hub for life science, tech and medicine offering an unrivalled ecosystem for discovery that will become the premier flagship destination for academic and commercial life science, tech and medical entities in New Jersey and the Greater New York Metropolitan Area. Connected to NYC and New Jersey and served …

Tearing down a fortress in Newark to make way for a new beginning

George E. Jordan | NJ.com

Newark has struggled to overcome decades of bad urban planning decisions that destroyed whole neighborhoods and wiped out commercial activity. Fixing those bad choices has been a focal point over the years to rejuvenate New Jersey’s largest city. None of those bad ideas was worse than the construction of the fortress-style downtown Gateway Center office towers. Started a few years after …

Designed by SGA, Construction Starts on First Lab-Ready Life Sciences Property in Jersey City, NJ

Boston Real Estate Times

JERSEY CITY, NJ & BOSTON—SGA, the Boston and New York City-based national award-winning architecture, interior design, planning, branded environments and virtual design and construction practice, announced that construction has started on the first lab-ready life sciences property in Jersey City, NJ. Designed by SGA, the property is being developed by Thor Sciences, a division of Thor Equities. Located at 95 Greene Street, the …

Why N.J.’s dreams of second Super Bowl start with World Cup

Tom Bergeron | ROI-NJ

Jim Kirkos remembers all too well the disaster that was the first and only Super Bowl played in New Jersey. It was Super Bowl XLVIII, in February 2014. Nearly all of the fan experience festivities — not to mention the economic impact — went to New York City. New Jersey only got the huge bills for security and logistics and …

Governor Murphy Announces $190 Million in Major Renovations at Newark Penn Station

Governor's Office | Press Release

$30 Million Upgrade Will Begin Immediately NEWARK – Governor Phil Murphy today announced a commitment of $190 million for renovations and upgrades at historic Newark Penn Station. The Governor was joined at an event announcing the renovations by Lieutenant Governor Sheila Oliver, Newark Mayor Ras J. Baraka, NJ TRANSIT President & CEO Kevin S. Corbett, Senator Teresa Ruiz, Assemblywoman Eliana …

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