The Borough formally broke ground, Aug. 4, on the 46/80 Logistic Center on the former site of the Kearfott Corporation.
"I’ve had so many residents say how strange it is to drive down McBride Avenue and not see the Kearfott building standing any longer," Mayor Kazmark said. "But after more than 60 years, change is here."
A distribution center with a commercial component became the best use for the property once the NJ Department of Environmental Protection rejected a plan for a commercial/residential mixed-use due to flooding concerns.
Purchased by Kushner Real Estate Group and the Stros Cos., the 16-acre property will be completely redeveloped into a 205,000-square-foot, newly constructed Class A industrial building. Completion is expected by the end of the first quarter of 2022. It will house commercial space in the back and some retail space in the front.
"This project will bring more local jobs to town and help revitalize this aged property," the Mayor noted. “It has the right balance of commercial and retail space use.”
Stros Cos. has also agreed to fund and install the streetscape along the property to match the work being done by the Borough along the rest of the thoroughfare.