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NJIT
PROGRESSES ON $19.6 MILLION RESEARCH FACILITY
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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.
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NJ
BPU FINDS SOUTH JERSEY GAS' PROPOSED NATURAL GAS PIPELINE PROJECT
NECESSARY
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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.
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JCP&L
PUBLIC HEARING
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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.
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NEW
JERSEY TO RECEIVE $8.4 BILLION FEDERAL FUNDS FOR ROADS AND TRANSIT
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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.
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UTILITIES IN THE LEAD FOR CAPITAL PLANS
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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.
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SCUDDER FALLS REPLACEMENT BRIDGE SET FOR 2021 COMPLETION
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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.
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BRIDGEWATER SELECTED BY NESTLE FOR NEW RESEARCH DEVELOPMENT
FACILITY
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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.
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NEW
BOUTIQUE HOTEL UNDER WAY IN ASBURY PARK
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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.
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MARK YOUR CALENDAR
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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.
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PEOPLE
ON THE MOVE
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- 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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