Monday, January 11, 2016

ON-LINE NEWS NOW - JANUARY 11, 2016


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NJIT PROGRESSES ON $19.6 MILLION RESEARCH FACILITY 
The New Jersey Institute of Technology (NJIT) broke ground for its new Life Science and Technology Building, a $19.6 million research facility.  The building is funded from proceeds of the Higher Education Bond Act for which the Alliance for Action was a strong advocate. 

The new facility is part of a $300 million campus capital program and is scheduled for completion in 2016.  The 24,500-square-foot building will house laboratories, offices and spaces to promote collaboration among faculty, students, staff and external partners. 

NJ BPU FINDS SOUTH JERSEY GAS' PROPOSED NATURAL GAS PIPELINE PROJECT NECESSARY 
The NJ Board of Public Utilities approved a petition filed by South Jersey Gas Company (SJG) requesting the Board to rule under N.J.S.A. 40:55D-19 of the Municipal Land Use Law that zoning, site plan review, and all other municipal land use ordinances and regulations shall not apply to a SJG proposed natural gas pipeline project. In doing so the Board found that the pipeline project is reasonably necessary for the service, convenience or welfare of the public.

Without the Board's approval in this matter, SJG would have needed to obtain local approvals from the Upper Township and Maurice River Township. The mayor and council members from Upper Township appeared at public hearings regarding the proposed pipeline to indicate support for the project, while Maurice River Township officials did not voice opposition at any of the public hearings or in response to any of the petitions filed with the Board. Also, the City of Estell Manor and the Board of Chosen Freeholders of Cape May County issued resolutions indicating support for the project. 

JCP&L PUBLIC HEARING

 
Jersey Central Power & Light Company is proposing a new transmission line between its substations in East Hanover and Montville.  Alliance for Action Executive Vice President Jerry Keenan recently spoke about the $35.5 million project at a public hearing in Montville.  The line is part of JCP&L's $250 million multi-year program to upgrade its transmission across North and Central Jersey.

NEW JERSEY TO RECEIVE $8.4 BILLION FEDERAL FUNDS FOR ROADS AND TRANSIT 
New Jersey will receive over $8 billion for highways and transit under the new Federal Transportation bill supported by its Congressional delegation and signed by President Obama.  

The program includes $5.3 billion for highways over the next 5 years --- an increase of $469 million over the current levels.  The amount for transit is $3.1 billion, a boost of $238 million.

New Jersey lawmakers also helped preserve a special transit funding program in their state and six other high density northeastern states.  It will provide $50 million annually to New Jersey Transit. 

Get more details about the federal program on February 11, when Robert Clark, New Jersey Division Administrator, Federal Highway Administration
briefs the Alliance membership. Click here to register. 

UTILITIES IN THE LEAD FOR CAPITAL PLANS 
Executives from leading utilities reported to the New Jersey Alliance for Action on billions of dollars of construction plans to energize the state's economy and employment.
                
Alliance President Philip K. Beachem set the tone for an audience of over two hundred by declaring: "Utility investment in New Jersey dwarfs everything --- especially the economy."

  • RALPH LA ROSSA, President and COO of PSE&G, discussed his company's nearly $12 billion capital investment plans.  
  • JIM FAKULT, President of Jersey Central Power & Light (JCP&L) reported a $4.2 billion capital plan is in its second year.
  • LAURENT CARROT, Vice President & General Manager of Suez (formerly United Water) said the company will double capital investments over the next five years.
  • DONALD SHIELDS, Vice President and Director of Engineering for New Jersey American Water, reported planned investments of $6.5 billion over the next five years.
  • For Atlantic City Electric, President VINCENT MAIONE announced preliminary plans to spend $650 million for distribution and $640 million for transmission.
  • FRANCIS PEVERLY, Vice President-Operations for Rockland Electric, reported $32 million in capital investment. 
  • Investments of some $300 million will create 1,200 jobs, said PAUL ZUCCARINO, Vice President, South Jersey Gas.

SCUDDER FALLS REPLACEMENT BRIDGE SET FOR 2021 COMPLETION
The New Jersey-Pennsylvania Scudder Falls replacement bridge --- delayed by a planning process that began over a decade ago in 2003 --- is expected to be completed by early 2021.  That was the estimate by Roy Little, Chief Engineer of the Delaware River Joint Toll Bridge Commission, to an audience of 200 hosted by the New Jersey Alliance for Action.

The date highlighted a report by Little of key project elements which include:
  • Total cost estimated at $370 million.
  • The project will be constructed by design-bid-build and will widen the replacement over the bridge now in use from 64 to 178 feet.
The replacement will be funded in part by tolls.  It will have new interchanges on both ends of the Delaware in both states.  There will be noise walls and a bicycle path.  The replacement will be 4.4 miles in length. 

BRIDGEWATER SELECTED BY NESTLE FOR NEW RESEARCH DEVELOPMENT FACILITY 
Nestle's Health Sciences, a subsidiary of the Swiss food and beverage giant, reported that by early 2017 it will open a 180,000-square -foot research and development facility at the Center of Excellence on Route 202/206.  The building would be the latest tenant of the 110-acre site once occupied by Sanofi U.S.

Andres Kasperson, a Vice President of Nestle Science, said his firm had decided that the bioscience corridor in Bridgewater has both the commercial and technical competence. 

NEW BOUTIQUE HOTEL UNDER WAY IN ASBURY PARK
It was announced that the first new hotel in more than half a century will open next year in Asbury Park.  Work is progressing to turn the seven-story brick building on Fifth Avenue which once housed the Salvation Army into a modern boutique hotel.

The new hotel is being developed by IStar into the 110-room Asbury Hotel complete with an outdoor swimming pool, bars and event facilities.  It also will feature a rooftop garden. 

MARK YOUR CALENDAR 

1/14/16 - Pipelines for Prosperity! - Click here to register. 


2/11/16 - $305 Billion Transportation Legislation - What's In It For Us? - Click here to register. 


2/17/16 - NJ's Leading Infrastructure Projects - Click here to register.


PEOPLE ON THE MOVE 
  • Connell Foley announced longtime real estate and commercial transactions partner Philip McGovern has been elected the law firm's managing partner.
  • Art Corwin, President and CEO of Moretrench American Corp. will receive an Outstanding Achievement Award by the Moles.  The Awards Dinner will be on January 27, 2016 at the New York Hilton. 
  • Alfonso Daloisio, Jr., President of the Railroad Family of Companies is the 2016 Chairman of the Associated Construction Contractors of NJ.
  • Jean G. Hansen is now Senior Consultant at Construction Claims Group

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