[CPEO-BIF] Port Reading, New Jersey

[Lenny Siegel <lennysiegel@gmail.com>]

Tough but clear regulations
Developers buy into sustainability concept

By JARED KALTWASSER
New Brunswick Home News Tribune (NJ)
April 21, 2008

WOODBRIDGE - Standing with only a brand-new guardrail between himself 
and a near constant stream of 18-wheelers thundering down the industrial 
highway his company just built, Glenn Stock said environmental 
consciousness among the business community is here to stay.

Stock is first vice president of the industrial real-estate firm 
ProLogis. The company is redeveloping a 300-acre tract of land in Port 
Reading into 3.2 million square feet of warehouse space. As part of the 
process, ProLogis is undertaking $10 million in environmental 
remediation — some mandated, some not. That hefty price tag results from 
soil contamination left from the site's days as a rail yard and 
coal-transfer station, and from the fact that the tract includes about 
30 acres of wetlands.

For developers, the existence of wetlands can mean the difference 
between a simple project and years of complex wrangling with 
governmental agencies.

...

For the entire article, see
http://www.thnt.com/apps/pbcs.dll/article?AID=/20080421/NEWS/804210368/1001

-- 


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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