Carteret, NJ – Mayor Dan Reiman was joined by Councilman A.J. Johal to announce the approval of a self-storage facility at Block 5601 Lot 10-13 that fronts the Peter J. Sica Industrial Highway. The property sits between Lefferts Street and Peter J. Sica Industrial Highway, but the facility will only be accessible from Peter J. Sica Industrial Highway. The storage facility is being constructed by 48 Lefferts Street Urban Renewal, LLC which is a subsidiary of Hampshire Companies of Morristown, New Jersey.
The Lefferts Street renewal has already leveled the vacant buildings that remained from the Magruder chemical days and is in the process of removing the debris from the site. The self-storage facility will be constructed in two phases beginning this fall. The first phase will construct a four-story self-storage building occupying a space of roughly a 24,000 square pad with 4 floors and have a total gross floor area of 81,745 square feet. The second phase will see three one-story buildings constructed that will have a total area of 14,895 square feet. The construction should be completed by the fall of 2017.
The site was once the home of Magruder Chemical Plant that closed a decade ago and has remained dormant since the parent company went bankrupt. “Any time a brownfield site is allowed to remain vacant it is detriment to the surrounding area and our local economy,” said Mayor Reiman. “This much needed facility will be a great benefit to Carteret residents; it will provide needed storage services, and it will also clean up a contaminated brownfield site that will boost the economy with added development, construction jobs and additional taxes.”
This is one of many projects redeveloping vacant brownfield sites with new businesses that are choosing to relocate to Carteret. “In general businesses are recognizing the potential that Carteret has to offer,” said Councilman A.J. Johal. Last month a franchise of the Marriott brand announced they were moving into Carteret in addition to the announcement of a new apartment complex on Roosevelt.