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Perth Amboy to Hold Energy Port Signing Welcoming Viridian Partners

PERTH AMBOY— Mayor Wilda Diaz and Perth Amboy Redevelopment Agency (PARA) approved Viridian Partners, a Brownfield Development Company, as the developer for the ePort (“e” for energy) site. A redeveloper agreement signing will be held on Wednesday, February 22 at 2 p.m. in the Office of the Mayor at City Hall followed by a press conference in the Perth Amboy Council Chambers.

The prime 100+ acre site bound by the Arthur Kill, Crane Creek, 440 Bridge and the High Street extension is focused on attracting businesses in the renewable energy sector, to create an environmentally responsible Perth Amboy, given its 100 year history of industrial and maritime use.

In addition to this project, Viridian Partners will be donating an acre of property value to the City to be used for open space and recreation.

According to Viridian Partners, Perth Amboy is ideally situated for the growing port industry as the 2014 expansion of the Panama Canal will progressively lessen demand for inland regional distribution centers and proportionately increase demand in Port Market.

The site in Redevelopment Area 3 features approximately 1,700 linear feet of shoreline, rail access and a deep-water port on the Arthur Kill, a major shipping route within the Port of New York and New Jersey, the East’s largest port. It’s centrally located among the 10 eastern states, ranging from Maine to North Carolina, that have formed an Offshore Wind Energy Consortium to promote the development of offshore wind energy generation.

While the majority of the site was never developed, it was partially occupied for industrial and commercial use by National Lead and as a result is environmentally challenged. Viridian’s approximate $90 million investment will begin Phase 1 with its nearly 18-month remediation process. Phase 2 will include the construction of three buildings for logistical space, such as fabrication and warehouse distribution, office space, and/or light manufacturing.

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