Lincoln Equities Group, one of the Northeast's leading full-service real estate companies, received Preliminary Site Plan approval to develop Lincoln Industrial Park, a project consisting of 2.4 million square feet of industrial space on 265-acres in Piscataway, New Jersey.
The build-to-suit industrial subdivision is located on a former Dow Chemical brownfield site at 171 River Road. Dow Chemical conducted a thorough clean-up of the site, which was formerly the home of a plastics manufacturing plant. The master plan for the redevelopment project includes the construction of up to eight buildings, as well as new roads, infrastructure and landscaping, company officials said.
The new industrial park is expected to break ground in this fall. Each building's standard design includes 36-foot clear ceiling heights, an architecturally appealing glass entry, one loading dock/10,000 square feet with levelers, seals and bumpers, an ESFR sprinkler system, 3% office space, trailer storage and concrete paved trailer pads.
"We wanted the ability to tailor each new building based on individual user requirements, and the Planning Board's Preliminary Site Plan approval grants us the flexibility to do this," said Robert Schenkel, Senior Director of Development for LEG.
"This modern, state-of-the-art customized development is ideal for 'high cube' distribution companies that require multimodal transportation access…Companies will be able to plan and design their own buildings on this site, for lease or purchase," added Schenkel.
Intended for distribution and warehousing companies that need to store high volume product, the site is situated one mile from Interstate 287, with direct access off both Exits 8 and 9, close to Port Newark/Elizabeth. It is also serviceable by "F Plate" rail cars. As part of the project, Baekeland Avenue, which provides access from the site to Exit 8, will be completely reconstructed.