Developers of the former Military Ocean Terminal at Bayonne (MOTBY) have announced five new retail leases at the property.
The mixed-use development, known as Harbor View Marketplace, will open a Starbucks, as well as four additional retailers in 2020.
The 88,811-square-foot retail space will consist of four more leases, including an LA Fitness, CVS Pharmacy, Lidl, and Posh Nails & Beauty Lounge. The businesses are slated to open at the end of the third quarter in 2020.
“Harbor View Marketplace and ScenicVue will serve as a premier destination for the residents and visitors of Bayonne looking to take a break from the city,” said Richard Birdoff, president of RD Management. “We, alongside JMF Properties, are thrilled to welcome such a diverse mix of national tenants and believe this live-work-play development will fulfill the community’s lifestyle needs.”
RD Management LLC and JMF Properties are the designated redevelopers of the 14-acre site located on the former Military Ocean Terminal in Bayonne.
RD Management is a real-estate development and management organization that owns 21 properties in the Garden State and more than 150 properties nationwide. Development partner JMF Properties is a redeveloper of residential and commercial property throughout New Jersey.
Upon completion, the development will feature 651 multifamily residential units, with rooftop terraces and walking paths.
“Lidl, LA Fitness, CVS Pharmacy, Starbucks, and Posh Nails & Beauty Lounge comprise an excellent retail mix that will attract new shoppers to this community, and also serve as a convenient, walking-distance amenity for future rental residents and ferry commuters,” said Joseph Forgione, founder of JMF Properties. “This is a well-connected neighborhood with a fast-growing retail and residential presence, one that will certainly be enhanced by these five new retail tenants.”
The 240,780-square-foot Harbor View development is anchored by Costco Wholesale, which opened in March of 2019 and includes an 18-pump Costco gas station.
In October of 2019, developers broke ground on the second phase of construction at Harbor View Marketplace and ScenicVue. ScenicVue is the residential portion of Harbor View Marketplace created in partnership with Accurate Builders.
Harbor View Marketplace is in an Urban Enterprise Zone at the intersection of State Route 440 and Goldsborough Drive. The development sits in a heavily trafficked area with 37,000 cars passing daily, only 500 yards from exit 14A on the Turnpike.
The Hudson-Bergen Light Rail 34th Street Station is across the street, making the center easily accessible by transit.
Cape Liberty Port is directly behind Harbor View Marketplace. It has the second-largest passenger volume among Northeast and Mid-Atlantic ports. Recently, the port completed a $50 million expansion that is expected to increase the passenger volume to 600,000 per year.
Ferry opening nearby in September
The ferry terminal slated for construction at MOTBY will open in September, adjacent the development. According to Bayonne City Council President Sharon Ashe-Nadrowski, the land sits near Costco, about a mile past the shopping center.
The new ferry system will provide an alternative for commuters and encourage more drivers to take public transportation. There’s been ferry service to Manhattan intermittently for decades, but it’s been about a decade since one operated in Bayonne.
Ashe-Nadrowski said that the city expects the ferry to begin service in September. The Bayonne City Council voted to adopt an ordinance on Jan. 15 that authorizes a 10-year lease with the Port Authority of New York and New Jersey for a ferry terminal on the Hudson.
Bayonne committed a federal grant of $650,000 toward the project’s construction. A number of developers have also contributed to the ferry terminal’s funding.
Ashe-Nadrowski confirmed that the nearby developers have agreed to pay toward the build-out of the ferry terminal. It’s estimated that the terminal’s total construction cost will be around $1.6 million.
The ferry terminal is in a prime location with a number of developments in the vicinity. Ashe-Nadrowski said the goal is to attract potential residents to the numerous new apartments in the city.
Ashe-Nadrowski said that she personally understands the traffic problem in and around Bayonne because she drives on the turnpike almost daily.
“We are always looking for ways to get people to work more conveniently,” Ashe-Nadrowski said of the city’s efforts to relieve traffic in Bayonne. “Now drivers in Bayonne will have the option to get on the light rail or catch a ferry.”
Passenger fares to use the ferry will be comparable to the rates in Jersey City. Ashe-Nadrowski said that the city will make the rates competitive with other Hudson River ferries in order to encourage residents to use the new service.
For the first year of operation, the ferry terminal will offer free parking.
The ferry service drop-off location will be somewhere in lower Manhattan. Ashe-Nadrowski said the drop-off site hasn’t been finalized but speculated it could be Pier 17 or a location on the East River.
For updates on this and other stories, check www.hudsonreporter.com and follow us on Twitter @hudson_reporter. Dan Israel can be reached at firstname.lastname@example.org.