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Tuesday, dec 3
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Job Creation
News
Film Studio Part Of $1 Billion NJ Waterfront Project Will Be Funded By $4.7M Grant
A movie production studio in Carteret got a financial boost from New Jersey through a $4.7 million state grant. It's part of a $1 billion, 10-acre redevelopment project, according to Carteret Mayor Daniel J. Reiman. The project includes a 1.2 million-square-foot movie production studio complex called "Carteret Stages." Five grants totaling $9.5 million were awarded throughout the state as part of the New Jersey Economic Development Authority's Film and Digital Media Studio Infrastructure Program. Nearly half of the state funds went to Carteret to build public access to a former brownfield …
Business
ShopRite Store Coming To Central Jersey Hiring For Hundreds Of Positions
About 300 jobs are being created thanks to the arrival of a new ShopRite in Old Bridge. The new ShopRite is located in the Glenwood Green Shopping Center at Route 9 and Schulmeister Road. The store is set to open in March. Hiring is taking place for all positions including department managers, butchers, deli, bakery, dairy, produce and seafood associates, customer service associates, cashiers and baggers. Perry Blatt, director of E-Commerce and Business Development for Village Super Market, Inc., said, “We look forward to continuing our commitment to the community with a brand new s…
News
$2.7B Project Will Turn Old Atlantic City Airport Into Formula 1 Racetrack
A $2.7 billion development project is set to turn an old Atlantic City airport into a Formula 1 racetrack with condos and stores, officials said. Atlantic City Council gave the go-ahead, by an 8-0 vote, to the project to redevelop Bader Field during a meeting on Wednesday, March 22. Mayor Marty Small Sr. held a ceremony to sign the Memorandum of Understanding with the project's developer, DEEM Enterprises LLC, at Bader Field on Thursday, March 23. "Not only is it a great day, it's a historic day," Small said. "This has been a long time coming." It will give taxpayers relief, and redu…
Business
$50M Investment As Campbell's Relocates Jobs To South Jersey
Hundreds of new Campbell Soup Co jobs are expected to relocate to New Jersey with the consolidation of snack business offices in Connecticut and North Carolina, the food giant's officials announced. Campbell's is moving an estimated 330 jobs to its Camden location, bringing the total jobs there to 1,600. "We’re reimagining our Camden Headquarters, our home for more than 150 years, and investing $50 million to make a great space even better," the company said in a press statement on Wednesday, Jan. 18. The company is consolidating its Snacks offices in Charlotte, NC, and Norwalk,…
News
$1B Netflix Production Studio Replacing Long Vacant NJ Property
A Jersey Shore property that has sat vacant for more than a decade will soon be transformed into a nearly $1 billion Netflix production studio. The entertainment company plans on committing $848 million in capital investments to develop the facility on the more than than 292-acre site on the former Fort Monmouth campus in Monmouth County. The "economic engine" is estimated to create more than 1,500 permanent production jobs and more than 3,500 construction-related jobs, Netflix and Gov. Phil Murphy said. Located adjacent to Route 35 in Eatontown and Oceanport, the facility will be split i…
News
Newark Liberty Airport Unveils $2.7 Billion Terminal (
Photos
)
Newark Liberty Airport's brand-new $2.7 billion Terminal A has been officially unveiled. The one million-square-foot terminal replaces the longstanding terminal that opened in 1973. It is New Jersey's largest design project and features state-of-the-art passenger amenities, dazzling artwork, digital technology, dining and retail options provided by 60 regional, national and global brands, including six retailers from Newark, Elizabeth, and Jersey City. Terminal A offers 33 gates to handle larger aircraft, as well as a modernized common-use check-in area, security and baggage claim are…
News
President Biden To Attend Fundraiser At Gov. Murphy's NJ Mansion
President Joe Biden is expected to visit New Jersey ahead of the midterm elections, according to various news reports. Biden will be in the Garden State on Thursday, Oct. 6, to attending a fundraiser at Gov. Phil Murphy's Middletown mansion, according to Bloomberg and NJ Advance Media. Proceeds will benefit the Democratic National Committee’s Grassroots Victory Fund. Biden will also attend an event at IBM’s New York campus in Poughkeepsie, NY that day, and is expected to discuss job creation in the region, according to multiple reports. The president is expected to attend another fund…
News
Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City
The largest city in New Jersey is about to get some major movie attention and it's going to need a big crew to keep it afloat. Newark Mayor Ras J. Baraka and Governor Phil Murphy recently announced that Lionsgate will be opening a brand new 12-acre TV and film complex in Newark, worth more than $125 million. The facility will be the first "purpose-built studio" in New Jersey to cater specifically for TV and film production, according to a release from Mayor Baraka. The studio is also expected to create more than 600 new jobs with priority going to Newark residents. “Bringing a project o…
News
Amazon Just Opened 3 New Jersey Delivery Stations
Amazon opened three new delivery stations last month in New Jersey. Delivery stations power the last mile of Amazon’s order process and help speed up deliveries for customers. The late July openings include: A 464,000-square-foot facility at 600 Washington Ave., in Carlstadt, A 340,000-square-foot facility at 10 Princess Road in Lawrence Township A 289,000-square-foot facility at 8 B Court South in Edison. Packages are shipped to a delivery station from neighboring Amazon Fulfillment and Sortation Centers, loaded into delivery vehicles and delivered to customers. Combined, the deli…
Business
Ocean State Job Lot Opens 6th NJ Store At Vacant Toys 'R Us Lot
Ocean State Job Lot, a chain of discount stores, bought the former Toys ‘R Us location in Monmouth County, officials said. Job Lot plans to open its sixth New Jersey store on property across from Freehold Raceway Mall in the fall, OSJL officials said Thursday. The retailer, headquartered in Rhode Island, operates 146 discount stores across the Northeast including NJ, Pennsylvania, New York, Connecticut, Massachusetts and four other New England states. Ocean State Job Lot recently purchased the vacant Toys ‘R Us store at 600 Trotters Way in Freehold from TRU 2005 RE I, LLC c…
Business
Amazon Inks Lease On Massive North Jersey 'Last Mile' Delivery Center
Amazon has signed a lease on a 360,000 facility being built on a North Jersey industrial site to be used as a last-mile delivery center. Lincoln Equities Group procured $115 million in industrial build-to-suit construction financing for the facility, expected to be ready in early 2022. Located at the "Highland Cross" industrial site in Rutherford, the state-of-the-art last-mile distribution center will create hundreds of jobs in teh area. Rendering of new Amazon last-mile delivery center in Rutherford.Ford & Associates The property will feature cross-docked loading, 70-plus dock hi…
News
Amazon Fulfillment Center Replacing Vacant Jersey Shore Sears Store
Amazon plans to open another fulfillment center in Central Jersey at the site of a vacant Sears store. The approximately 93,000-square-foot Monmouth County location — at Seaview Square Shopping Center in Ocean Township — is expected to open in October, Mayor Chris Siciliano told NJ Advance Media. “It’s a win-win for us and for Amazon," Siciliano told NJ.com. "It’s really an ideal spot and it will serve the needs of several communities." Amazon customers will be able to pick up packages at the center, which will create up to 200 jobs. Fulfillment centers are used to store inventory like el…
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