Lakewood 2030: All sorts of commercial projects are on the way
April 15-- Apr. 15--Lakewood's industrial commission hopes to sell more than 70 acres in the Lakewood Industrial Park for at least $25 million to a developer, who among other things would build a new terminal at Lakewood Airport.
The proposed terminal would replace an older building, which has seating, a small concession area and offices. Essentially a double trailer, it is used by companies that do business at the airport.
"It is in desperate need of an upgrade," said Steven Reinman, executive director of Lakewood's Office of Economic Development. "It is really not in good condition."
It's just one of several projects, which also includes shopping centers, a hotel, office buildings and an auto showroom, all envisioned, proposed or under construction in New Jersey's fastest-growing town.
The township is putting land along Airport Road, next to Lakewood Airport and across the street from Garden State Parkway exit 89, up for auction on May 22. The minimum bid: $25 million.
"We're pretty low on available land (in the industrial park) and demand for industrial space is at the highest we have seen in many years," Reinman said. "It is a good time to do this."
The land has historically been a part of the airport property but not used for aviation purposes. Officials want a developer to buy the land and build small office buildings, warehouse or industrial space. The winning bidder also would have to build an airport terminal, according to the bid specifications. The Federal Aviation Administration will have to sign off on the use of the land.
Here's a quick run down on what else is on the way in Lakewood:
* The Avenue Shoppes, a 68,000-square-foot shopping center at 10 America Ave., has risen along New Hampshire Avenue. So far, its tenants include MS Optical, Keter, Bollini, Hosiery Plus and Cafotteria.
* A Courtyard at Marriott hotel is proposed for the corner of New Hampshire Avenue and Pine Street. If approved by township planners, the hotel will be five stories with 135 rooms, a restaurant, meeting rooms and a banquet hall.
* Pine Belt Subaru is building a new 32,000-square-foot showroom and service area at the corner of New Hampshire Avenue and Route 88. With about a year until it's completed, the dealership will move from its current location across the street on Route 88.
* Cedar Bridge Properties is building the first of two 42,000-square-foot medical office buildings on Cedar Bridge Avenue near Airport Road.
* Work crews have cleared land at the corner of Cedar Bridge Avenue and Avenue of the States for new construction that will include 23,000 square feet of retail space, a Chase Bank branch and a 75,000-square-foot office building.
* An office and retail center is coming to the corner of Route 9 and Chestnut Street. The 17,836-square-foot, two-story building will have three shops on the ground floor with office space on the second floor.
* A large addition to an office building on Airport Road also is under construction. In 2017, planners approved a proposal to add a three-story addition above a parking area at 36 Airport Road.
* On the Cedarbridge campus, Pine Holdings Urban Renewal LLC wants to build a four-story, 80,700-square-foot daycare center and office building on Boulevard of the Americas near Avenue of the States.
David P. Willis: 732-643-4039; Twitter, dpwillis732; Facebook, dpwillis732; firstname.lastname@example.org
Stacey Barchenger: @sbarchenger; 732-427-0114; email@example.com