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MARCH 2006
![]() ![]() All Towns Great and Small (cover) Royal Treatment Worth Getting Off Thruway Spread the Wealth Hometown Pull Bi-State Battle Under Whose Authority? Gifts Worth Giving Request Information ![]() |
NORTHEAST REGIONAL REVIEW
Under Whose Authority?
The dredging would cost between $300 million and $500 million, an amount New Jersey elected officials have declared wasteful. The DRPA plan calls for $365 million for industrial and distribution park development and $650 million in terminal development. That includes up to five expanded terminal complexes. It also includes a substantial development adjacent to DuPont's Chambers Works facility at Carneys Point and the redevelopment of a 190- acre (77- hectare) former oil and chemical bulk storage facility at the BP/Dow complex in Paulsboro Borough. While debate may continue, so does some project work: Three weeks after the master plan announcement, the South Jersey Port Corp. (SJPC) signed an agreement with Gloucester County officials to redevelop that BP/Dow site. The $250- million project is expected to be funded by two bond issues. Paulsboro, which had a long- term lease with BP, will now lease the property to SJPC. BP meanwhile will remediate the property's former refinery site. An added bonus is a $16-million overpass that will connect the new port directly to I-295. |
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