Reps from Bridge Development Partners, LLC
*File Photo by Katherine Massopust

PERTH AMBOY – 12/17/15 Caucus Meeting – Topic For Discussion Bridge Development Presentation.

John Porcek, P.E., P.P. – (Principle) Bridge Development Partners, LLC gave an overview of this project which will be located on High Street (near the Outerbridge). Porcek started his presentation by stating that Bridge Dev. has offices in Chicago, New Jersey, Miami and Los Angeles. The company has been involved in industrial retail development for 15 years. “Bridge Development builds Class A Development Complexes. The Heller Industrial Park is where we first starting developing in New Jersey. We took ownership of the property in Perth Amboy (High Street) in September 2015. We’ll construct 3 buildings. The largest one will be 17,000 ft. We expect the first two buildings to be completed by the late summer of 2016 and the last one to be completed in the late fall of 2016. We will not tax (burden) the school system. We will be creating jobs. The buildings will have state of the art lighting motion sensors. No hazardous materials will be stored in any of the buildings and they will have reinforced concrete walls.”

Councilman Bill Petrick interjected that the City will be getting rateables on property that was previously unused and underdeveloped with this project.

Porcek spoke again, “Premier Design Builders will be the contractors that will be used. Premier then will bid out  more contracts to local businesses. All the buildings are flexible and when we build them, they are built to be occupied.”

From http://bridgedev.com/:

We develop investment-grade buildings and business parks and acquire land for the development of speculative and build-to-suit projects. We acquire existing Class A and Class B facilities that provide opportunities to add value and operate on a flexible partnership platform. Additionally, Bridge is one of the largest owners of cold storage and refrigerated facilities in the Chicago market. We take pride in our ability to recognize opportunities that others overlook.