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Newark Aeroport ropolis An Airport & Port Master Development Newark, NJ NY Metro Region USA

An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

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Page 1: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

Newark AeroportropolisAn Airport & Port Master DevelopmentNewark, NJNY Metro RegionUSA

Page 2: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

O v e r v i e w

Ai rpor t Growth Pa t te rnsOver the past 30 years global GDP has risen 154% and the value of world trade has grown 355%. The value of air cargo has climbed an astonishing 1,395%. Today, 40% of the total economic value of all goods produced in the world, is shipped by air. This has led to the emergence of a new urban development concept: the airport as the hub of a full-fledged city center. Examples of active developments following this model for globalization include Dallas, TX; Hong Kong; Seoul, South Korea; and Dubai, UAE.

Po r t Growth Pa t te rnsSeaport growth is similarly booming with container shipping terminals growing at dizzying rates as increasingly larger ships are supporting the enormous growth. World container traffic has been increasing at an annual rate of 10.7%, which is the highest in the last 30 years. The North American share of the global industry is estimated at 15.9%. During the last five years, the TEU-capacity of the world container fleet grew an average by 11.3% per year, whereas the number of container vessels rose by 5.9%. Cities such as Rotterdam, Hamburg, Shanghai, Singapore, and Hong Kong are creating their own urban model; where manufacturing, distribution and logistics facilities are laid out in organized, clean environments linked with commercial areas and easy access to residential environments where workers live.

Newark “Aeropor t ropo l i s”12 miles from Manhattan, Newark, NJ has the unique existing infrastructure of an integrated Air and Seaport with unparalleled rail and highway networks in the center of one of the largest and wealthiest markets in the world. From this position emerges the Newark “Aeroportropolis,” a coordinated Master Plan Development for the areas surrounding the Newark Air and Seaports, encompassing 1,400 acres of under-utilized properties that once redeveloped will position the City of Newark as the global hub within the NY Metro market and capture the massive growth of the global transport industry.

C i t y o f Newark , NJThe Newark Aeroportropolis is being presented by the City of Newark’s governing body led by the Honorable Mayor Cory Booker, who heralds credentials which include a BA and MA from Stanford University, a Rhodes Scholar at Oxford University and a Law Degree from Yale University. Mayor Booker is dedicated to making Newark the national standard for urban transformation. With a renewed sense of energy and vision, the newly installed city adminis-tration, led by Mayor Booker, has deemed the Port and Airport as a top priority for long term economic growth.

H igh l igh tsPort

• Largest port complex on the East Coast of North America• Experienced 4% growth in 2007, outperformed other major ports throughout the country• 1.3 billion of capital investment from PANYNJ for the next 10 years for the port facilities (150 million to be invested in 2008)

Airport• One of the busiest airports in the country• 7.7% increase in international air carrier passengers and 7.4% increase international air carrier flights in 2007• 2 billion of capital investment from PANYNJ for the next 10 years for the Newark Liberty International Airport (200 million to be invested in 2008)

Fort Lauderdale

Key West

NEWARK, NJ

4 Hour Drive220 Miles

7 Hour Drive500 Miles

Burlington, VT

Montréal, QCOttawa, ON

Boston, MAAlbany, NY

Syracuse, NYBuffalo, NY Rochester, NY

Toronto, ON

Pittsburgh, PA

Philadelphia, PA

New York, NY

Stamford, CT

Harrisbug, PA

Washington, DC

Richmond, VA

Charlotte, NC

Raleigh, NC

Cleveland, OH

Columbus, OH

Portland, ME

Baltimore, MD

Philadelphia

Boston

Washington D.C.

1hr.No

Non-Stop Flights

1.5hr.

4hr.20Min.

1hr.20Min.4hr.

3hr. 1hr.20Min.4hr.

Northeast Corridor Megalapolis

Newark to

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A d v a n t a g e s o f N e w a r k

ost people know of Newark by its airport, with over 36 million passengers traveling through its terminals each year.

However, a significant number of travelers do not realize that there is a city attached to the airport with an emerging downtown that is only 2 miles away. The City of Newark is one of the oldest cities in the US. It was once an industrial powerhouse, and has now emerged as a commercial hub in the center of the Northern NJ market, which is the densest and wealthiest market in the US. This position is due largely in part to its proximity to New York City, which remains one of Newark’s strongest features.

Loca t ionOne of Newark’s leading competitive advantages is its proximity and accessibility to New York City, the metropolitan region and the world.

6 Miles from NYCWithin a 24 hour drive to more than 100 million consumers

••

In f ras t ruc tu reConveregence is the word to describe Newark’s position among highways, railways, runways and waterways.

7 major highways converge in Newark Transit systems include: NJ Transit, PATH and Amtrak rail, an internal light rail and city subway network. Local and regional buses, major highways, allowing access to virtually anywhere by train, highway and air.

L i fes ty le Newark is the entertainment and cultural capital of the State of New Jersey.

Home to 18,000 seat Prudential arenaWorld-renowned New Jersey Performing Arts Center (NJPAC) Newark Museum and Symphony Hall

Va lueCompared to New York, Newark offers value on every level.

Rental rates are substantially lower than ManhattanOver 14.5 million SF of office space in the Central Business District

••

•••

••

Kearny

Harrison

Elizabeth

NEWARKMANHATTAN

New YorkPennStation

NewarkPennStation

WTC

SecaucusStation

BroadStreetStation

HobokenStation

LincolnTunnel

HollandTunnel

NewarkLibertyInt’lAirport Port

Newark/Elizabeth

Elizabeth

Kearny

Bloomfield

SouthOrange

Montclair

Jersey City

UpperNew York

Bay

Hudso

n Ri

ver

East

River

MAINLINE

NORTHEASTCORRIDOR LINE

NEW JERSEYCOAST LINE

BERGENCOUNTY

LINE

PASSAICVALLEY

LINE

MORRISTOWNLINE

MONTCLAIR-BOONTON

LINE

NewarkBay

Brooklyn

Hoboken

Weehawken

p a t hp a t h

TRANSIT

p a

t hp

a t h

TRAN

SIT

p a t hp a t h

TRANSIT

“The Sixth Borough of NYC” Newark to New York City “A Downtown Port” Airport/Port link to Newark CBD

Page 4: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

Converting leftover spaces surrounding the Port and Airport into parks and natural

landscapes creates a “sense of place” that not only purifies the air and water, but rebrands the

industrial landscape into a place people live, work, and play.

Go Green!

A mixed-use neighborhood/district with airport and port as the anchor

Aero-Port City

The integrated Port and Airport complex is creating the key economic

engine for redevelopment.

LogisticsHub

Safe and convenient transportation access provides residents with multiple

transportation options for accessing local, regional and international

destinations.

Multi-Modal Living

V i s i o n / M i x e d - U s e C o n c e p t

Page 5: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

Neighborhood Links Diagram

Bui ld Upon Ex is t ing In f ras t ruc tu re

International Airport/SeaportMajor North and South HighwaysAirport Loop HighwayAirport Train Station/Monorail Super Highways to US National Markets

Crea te Mixed-Use Deve lopment Areas tha t Bu i ld Upon Commerc ia l Base o f A i rpor t /Por t

Port/Airport Commerce District Hotels, Convention Center, Office, Retail, Entertainment, Airport/Port Support businessesConnected by Monorail Defined “address” along branded “Airport Loop”

Port Growth DistrictExpanded Port OperationsLogistics, Manufacturing, Warehousing Proposed Tariff-Free Foreign Trade ZoneIntermixed with support retail, office and flex space in a high quality “Logistics Park” type atmosphere.

M ixed-Use Ne ighborhoodsLively, work, service enviroments that benefit from same infrastructure to access jobs and regional destinations. Workforce housing provided on all levels that builds upon existing neighborhood assets such as parks, historic districts and links to the CBD.

•••••

••

••

•••••

D e v e l o p m e n t C o n c e p tDevelopment Concept Diagram

Page 6: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

Newark Airport Station

NewarkInternational

Airport

Port ElizabethAPM Terminals

Port ElizabethMaher Terminal

Port NewarkMarine Terminal

Ecological“Green Belt”

Broad StreetConnection

to CBD

Downtown NewarkCentral Business

District

Broad St

Wil

So

n a

ve

Fer

ry

St

raym

on

d B

lvd

N e wa r k B a y

Pas s a

i c R

i ve

R

Port

New

ar

k

Ch

aN

Nel

Eli

za

bE

th

Ch

an

nE

l

Ironbound

SouthBroad Street

Neighborhood

Ne

wa

rk

el

i za

be

th

K e a r n y

H a r r i s o n

iKea elizabethtoys ‘r’ Us

doremUS ave

Sheraton

Holiday Inn

Wyndham

HiltonHampton Inn

anheuser-Busch

Brewery

Newark Penn

Station

Hayn

eS ave

Days Inn

terminal C

terminal B

terminal a

MarriottHotel

South Area

North Area

14

58B

57

Independence Park

Riverbank Park

Haynes Park East

Ironbound Recreation

Center

MilitaryPark

LincolnPark

WashingtonPark

KelloggPark

WilsonPark

Mt. Olivet Cemetery

Rosemont Memorial

Park

to New York City

Jersey Gardens

elizabeth Center

oak island rail terminal

N A

ve

en

av

e e

13a

56

58a

15e

Light Industrial + Airport Commerce

Development

Air CityMixed-use

Neighborhood

FrelinGHUySen ave

Light Industrial + Airport Commerce

Development

Industrial + Light Industrial Development

to Philadelphia + Washington

to NYC

WeequahicPark

airtrain monorailextenSion

(existing)

(proposed)

Futuretruck route

(propose

d)

(proposed)

Weequahic Park East Phase I Area+1 Million SF

Warehouse Space

airtrain monorail

to New York City

Approximately 1,400 acres of underutilized land. 372 acres of immediately available vacant Brownfield sites (8 sites total)Monorail Expansion Dedicated Truck RouteGreening Branding and Wayfinding System for “Airport Loop”. Port/Airport Efficiency PlansAll non-essential uses moving off key development sites in and around the Port/Airport to growth areas in order to create higher density and make more space available for essential uses.

•••

••

O v e r a l l M a s t e r P l a n

Key Fea tu res

Page 7: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

Creation of dedicated truck route east of Frelinghuysen Blvd.

Relocation of Port/Airport warehouse uses to light industrial zone east of Frelinghuysen Blvd.

Retail/Commercial development fronting on Frelinghuysen Blvd.

Frelinghuysen Blvd. becomes the “boulevard” connection to CBD and the center of Weequahic Park East mixed-use/residential district.

This neighborhood becomes the first phase of high quality, mixed use living within the Newark Aeroportropolis, which will be the global transport hub of the NY Metro Region.

he first phase of development will be in a prime location positioned

between the North East Corridor Rail Line and Weequahic Park. Freelinghuysen Avenue links this neighborhood to the Central Business District and is flanked to the west by low and moderate income residential housing and to the east by approximately 1 million SF of underutilized warehouse space. With a current plan by the Newark Housing Authority to redevelop the residential neighborhood into high quality housing and the proposal to provide a dedicated truck route to access the warehouse zone, this neighborhood is uniquely positioned to be the first phase of High Quality Mixed-use living in Newark’s Aeroportropolis.

View From South

Aerial View From South

Phase 1 Plan

Phase I Boundary

P h a s e 1

Page 8: An Airport & Port Master Development Newark, NJ NY Metro ... › 2009 › 02 › aeroport… · Phase I Area +1 Million SF Warehouse Space airtrain monorail to New York City Approximately

C o n c l u s i o n s

his is document is a teaser and will be developed into a coordinated Master Development Plan whose implementation will be overseen by a government appointed agency. This agency will

actively seek out international investment and partners to execute Newark’s long term vision for the Aeroportropolis. The intent of this package is to solicit initial interest and feedback in anticipation of an actual Investment/Development offering for investors and developers who are on the forefront of mega-projects throughout the world.

Contac t

Cory A. BookerMayor

(973) 733-6400

Stefan PryorEconomic Housing and

Development, Deputy Mayor

(973) 733-6575

W. Deen ShareefLogistics and Industrial Opportunities, Director Senior Advisor to the Mayor

(973) 733.8086

920 Broad Street, Newark, NJ 07102(973) 733-6400

744 Broad Street Suite 3000, Newark, NJ 07102Tel 973 242 7772 ext 275

Michael SaltzmanMustafa Kirwan

500 Frank W. Burr Boulevard, Teaneck, NJ 07666(201) 907-5211

The Deco Group, LLC

Michael R. DeCotiis