Land clearing near AC international airport
- Thread starter bobpbx
- Start date
Not wanting to hijack this thread, but I noticed that a couple of weeks ago too. Does anyone know what is happening down there?
They plan on putting a housing development on that recently denuded swath of land. There's already complaints from people living near the project due to the smell of the neighboring waste plant wafting over the area.
Wait, maybe I'm wrong. I assumed it's at the eastern edge of the AC International airport runway. I'll pay better attention when I go past this week.
Apparently, this? Doesn't sound like a "housing development", more along the lines of commercial/industrial although it does say "mixed use".
www.roi-nj.com
njbmagazine.com
This is interesting...
"IRG’s background made the established, national developer a well-suited selection for the project. As a leader in the conversion and privatization of federal properties, including closed military bases, IRG owns and is master developer of three closed military bases, a former NASA manufacturing facility and a closed Veterans Affairs site."
(I can't read this one without a subscription)
pressofatlanticcity.com
Exactly where is this? Next to the reservoir? Not really seeing any 400 acre parcels here, do you think it is getting split off the big 2600 acre FAA parcel? Or maybe it's a couple smaller parcels combined?
https://boydsmaps.com/pines/#14/39.445915/-74.545431/parcels07/0/0/
400-acre development planned for corner of A.C. airport | ROI-NJ
A plan to develop 400 acres in the northwest corner of Atlantic City International Airport moved one step closer to reality Tuesday with the announcement that Industrial Realty Group has reached an agreement with the South Jersey Transportation Authority on a ground lease. The project is being...
www.roi-nj.com
New Economic Growth Plan for Atlantic City International Airport
Industrial Realty Group, LLC has reached agreement on a ground lease of approximately 400 acres of the Atlantic City International Airport
njbmagazine.com
This is interesting...
"IRG’s background made the established, national developer a well-suited selection for the project. As a leader in the conversion and privatization of federal properties, including closed military bases, IRG owns and is master developer of three closed military bases, a former NASA manufacturing facility and a closed Veterans Affairs site."
(I can't read this one without a subscription)
SJTA, real estate company sign agreement for Atlantic City International Airport land
The South Jersey Transportation Authority and a California-based real estate company have reached an agreement to redevelop about 400 acres of the Atlantic City International Airport property.
Exactly where is this? Next to the reservoir? Not really seeing any 400 acre parcels here, do you think it is getting split off the big 2600 acre FAA parcel? Or maybe it's a couple smaller parcels combined?
https://boydsmaps.com/pines/#14/39.445915/-74.545431/parcels07/0/0/
OK, answering some of my own questions... That first article says the 400 acre development is in "the northwest corner of Atlantic City International Airport". That doesn't sound like something that would involve clearing trees by the parkway, I wouldn't think you could even see it from the parkway, it must be somewhere around here. That land is owned by the US Govt
https://boydsmaps.com/pines/#15/39.469540/-74.584956/parcels07/0/0/
That article also says, "The project is being called mixed-use, but it will include only industrial and air-related development — not residential or retail — according to a spokesperson for California-based IRG, one of the largest industrial real estate developers in the nation."
So... is there also a plan for a housing development on the east side of the airport?
https://boydsmaps.com/pines/#15/39.469540/-74.584956/parcels07/0/0/
That article also says, "The project is being called mixed-use, but it will include only industrial and air-related development — not residential or retail — according to a spokesperson for California-based IRG, one of the largest industrial real estate developers in the nation."
So... is there also a plan for a housing development on the east side of the airport?
It runs just east of Westcoat Rd. in EHT.Apparently, this? Doesn't sound like a "housing development", more along the lines of commercial/industrial although it does say "mixed use".
400-acre development planned for corner of A.C. airport | ROI-NJ
A plan to develop 400 acres in the northwest corner of Atlantic City International Airport moved one step closer to reality Tuesday with the announcement that Industrial Realty Group has reached an agreement with the South Jersey Transportation Authority on a ground lease. The project is being...
New Economic Growth Plan for Atlantic City International Airport
Industrial Realty Group, LLC has reached agreement on a ground lease of approximately 400 acres of the Atlantic City International Airport
This is interesting...
"IRG’s background made the established, national developer a well-suited selection for the project. As a leader in the conversion and privatization of federal properties, including closed military bases, IRG owns and is master developer of three closed military bases, a former NASA manufacturing facility and a closed Veterans Affairs site."
(I can't read this one without a subscription)
SJTA, real estate company sign agreement for Atlantic City International Airport land
The South Jersey Transportation Authority and a California-based real estate company have reached an agreement to redevelop about 400 acres of the Atlantic City International Airport property.
Exactly where is this? Next to the reservoir? Not really seeing any 400 acre parcels here, do you think it is getting split off the big 2600 acre FAA parcel? Or maybe it's a couple smaller parcels combined?
https://boydsmaps.com/pines/#14/39.445915/-74.545431/parcels07/0/0/
That would be here? Definitely not the same thing as the articles I posted. Did not find anything about this with a quick search
https://boydsmaps.com/pines/#14/39.429906/-74.551868/hybrid/0/0/
https://boydsmaps.com/pines/#14/39.429906/-74.551868/hybrid/0/0/
This must be it. Again, I can't read without a subscription but before it blocked me, it looked like exactly what you described. Something completely different from the other project, a housing development by D R Horton. This parcel is about the right size (174 acres) but there's no data for it.
https://boydsmaps.com/pines/#15/39.427420/-74.548220/parcels07/0/0/
Tree clearing points to start of Egg Harbor Township housing project
Trees have been cleared adjacent to the FAA William J. Hughes Technical Center in Egg Harbor Township to make way for a 657-unit housing development.
Yeah, that must be it. In my mind I saw it right before the resevoir on my right while heading south. I was just off.This must be it. Again, I can't read without a subscription but before it blocked me, it looked like exactly what you described. Something completely different from the other project, a housing development by D R Horton. This parcel is about the right size (174 acres) but there's no data for it.
https://boydsmaps.com/pines/#15/39.427420/-74.548220/parcels07/0/0/
Tree clearing points to start of Egg Harbor Township housing project
Trees have been cleared adjacent to the FAA William J. Hughes Technical Center in Egg Harbor Township to make way for a 657-unit housing development.
WOW, a 657 unit housing development. They are building in any spot they can. It seems they never build developments with smaller or medium sized houses anymore. Everything by me that is new starts in the $600,000 + category. Can't tell you the last time I saw a developer build a ranch style house.
Look at the current prices in Medford now. Insane. They are really over-priced. Foreigners and businesses are behind this. Avg rent over $3K per month. An article touting Medford as the place to live in south jersey did not help.
Zoom in a click or two.
www.zillow.com
Zoom in a click or two.
Real Estate & Homes For Sale - 83 Homes For Sale | Zillow
Zillow has 83 homes for sale. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.
I bought my home on Atsion Rd for around $240,000 in 2002, solid it in 2006 for about $300,000. Just looked at your Zillow link, it's not on the market now but estimated value is around $440,000. Not really sure how I feel about that, was actually surprised that it wasn't higher.
Wall Street hedge funds are buying whole neighborhoods, driving up home prices
Ask average Americans why they’re grumpy—why, for example, they don’t credit Joe Biden with a good economy—and lack of affordable housing comes high on the list.
www.peoplesworld.org
Wall Street hedge funds are buying whole neighborhoods, driving up home prices
Ask average Americans why they’re grumpy—why, for example, they don’t credit Joe Biden with a good economy—and lack of affordable housing comes high on the list.
Odd that Reich doesn't mention things like inflation, high costs of building material, high interest rates, for starters.