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OIG – Phillipsburg Warehouse Development – New Jersey - Project Profile

OIG – Phillipsburg Warehouse Development – New Jersey - Project Profile

Synopsis

"OIG – Phillipsburg Warehouse Development – New Jersey - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "OIG – Phillipsburg Warehouse Development – New Jersey - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Opus Investment Group (OIG) is planning to build a warehouse complex in Phillipsburg, New Jersey, the US.

The project involves the construction of a 425,479m2 warehouse complex comprising seven buildings on 161.8ha of land.

It includes the construction of first building with 66,977m2 of gross floor area (GFA), second with 92,921m2, third with 54,334m2, fourth with 69,909m2, fifth with 89,859m2, sixth with 35,126m2 and seventh with 16,258m2 area.

It also includes the construction of loading and unloading facilities, storage facilities, an administrative space, parking and related facilities.

On March 31, 2015, OIG submitted an outline planning application to Phillipsburg Town Council.

On September 1, 2015, Phillipsburg Council has given approval for the project. OIG will present the project to the planning board in October 2015.

On September 8, 2015, OIG has signed non-refundable US$100,000 deal with the Phillipsburg Town Council to purchase 80.93ha of land known as the former Ingersoll Rand property worth US$2.5 million.

In October 2015, OIG is working with Phillipsburg and Lopatcong municipalities, various property-owning entities and state agencies to finalize the plan.

In December 2015, OIG is in the process of submitting the specific site plans to the planning boards in both municipalities.

Metro Industrial Wrecking & Environmental Contractors, Inc has been appointed as demolition contractor for the project.

In August 2016, the demolition works commenced.

As of July 2017, The developer settled a soil dispute with the state environmental department and is in talks with transportation officials over the installation of a turning lane for trucks entering from Route 22 on the Lopatcong Township side, a necessity for the project’s future. Construction is scheduled to commence by the first quarter of 2018 and to be completed by 2021.

Scope

The project involves the construction of a 425,479m2 warehouse complex compressing of seven buildings on 161.8ha of land in Phillipsburg, New Jersey, the US.

The US$300 million project includes the following:

1. Construction of loading and unloading facilities

2. Construction of solar energy system.

2. Construction of storage facilities

3. Construction of an administrative space

4. Construction of parking facilities

5. Construction of other related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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