JERSEY CITY, NJ Top Reasons Why Jersey City Should Be Amazon’S Hq2
Total Page:16
File Type:pdf, Size:1020Kb
JERSEY CITY, NJ top reasons why jersey city should be amazon’s hq2 Jersey City is the perfect location for Amazon’s new HQ2 facility for 6 key reasons: u Amazon’s insertion into the New York City skyline with available Hudson River waterfront property at a fraction of New York City costs u Over 1 million square feet of move-in ready space along with over 20 million square feet of additional approved development u Up to $5 billion in economic incentives, up to 30 years of property tax abatement, and no city income tax u Unmatched access and connectivity to New York City, New Jersey, the region, and the world u Walking distance from PATH train, light rail, ferries, buses, and bike share u Direct connections to New York City Subway and mass transit u Newark Airport (15 minutes), JFK airport (1 hour), and LaGuardia Airport (1 hour) provide non-stop flights to all major cities across the country and around the world u Convenient 7 minute ferry ride to Amazon offices in Hudson Yards u Highest level of cell and fiber coverage from all major provid- ers already supporting several global financial institutions u A safe, welcoming, exciting, and thriving community providing a higher quality of life than any other area in the region u The most culturally diverse and accepting city in the country 4 minutes 15 TO NYC 7 minutes minutes why jersey city? why jersey TO HUDSON TO EWR YARDS 022 10+ MILES OF COASTLINE SOURCE: Jersey Digs TABLE OF INCENTIVES 10 AND SUPPORT CONTENTS TRANSPORTATION 12 AND ACCESS SITE COMMUNITY AND 06OVERVIEW 16 QUALITY OF LIFE table of contents table 044 22 ECONOMY 32 RECREATION MUSEUMS, 24 EDUCATION 34 ART, CULTURE PUBLIC 28HOUSING 36 SAFETY SITE OVERVIEW Two prime locations along the Hudson River in downtown Jersey City meet and exceed all requirements for Amazon’s HQ2 location. Over 1 million square feet of office space is ready for move in as early as January 2018, with over 20 million square feet of additional approved develop- ment space available to be built to suit any of Amazon’s specific needs within the next 2 years. See the table below for more information. MANHATTAN site overview HOBOKEN 06 OVERVIEW OF JERSEY CITY SITES NEWPORT HARBORSIDE SITE NAME NEWPORT HARBORSIDE ADDRESS 700 Washington Boulevard 201 Hudson Street PROPERTY LeFrak Mack-Cali OWNER ZONING Mixed Use Commercial/Office BUILT, AVAILABLE 400,000 sq. ft. move-in ready 900,000+ sq. ft. move-in ready SPACE Early 2018 January 2018 TIMEFRAME FUTURE BUILD Up to 8,000,000 sq. ft. approved Up to 8,000,000 sq. ft. approved SPACE Build to suit by 2020 Build to suit within 24-36 months TIMEFRAME * LOCAL TRANSIT PATH, ferry, light rail, citibike, PATH, ferry, light rail, citibike, OPTIONS bus, car share bus, car share FIBER Lit options on site; dark options Lit options on site; dark options CONNECTIVITY within 3-5 blocks within 3-5 blocks CELL Full 4GLTE coverage from Full 4GLTE coverage from COVERAGE all major carriers all major carriers * The approval process timeline is approximately 1 month, depending on specific approvals required HARBORSIDE NEWPORT Depository Trust Clearing Corporation (DTCC) processes millions of financial transactions each day through Jersey City’s fiber network. NEWPORT AND HARBORSIDE SITE MAPS Newport location map (shaded orange buildings indicate possible new Amazon HQ2 development; see page 6 for site location image) site overview 08 Harborside existing and future office space locations PROPOSED FLOOR AREA SITE BLOCK LOT PROPOSED FLOOR AREA A * 11603 29 1,500,000 sf B * 11603 31.01 1,032,372 sf C * 11603 16 (A-2019) 500,000 sf D * 11603 22,27 2,000,000 sf E 11605 2 1,500,000 sf F 11614 1 1,944,452 sf WASHINGTON BLVD. TOTAL: 8,476,824 sf . F * Mack Cali Realty Corporation ST EXISTING CLASS ‘A’ OFFICE BUILDINGS PEARL ST SITE BUILDING OFFICE SPACE 1 * 101 Hudson 1,246,283 sf COLUMBUS DR. 2 * Plaza 5 817,500 sf 3 Plaza 1 400,000 sf WASHINGTON ST. * 4 * Plaza 2 761,200 sf GRAND ST. MONTGOMERY ST 2nd ST. 5 * Plaza 3 725,600 sf GREENEGREENE STST. 6 * Hyatt Regency 350 room hotel A B 7 Plaza 10 518,578 sf 8 Path Station PROPOSED FLOOR AREA 9 10 Exchange 700,000 sf 10 1 Exchange 258 room hotel SITE BLOCK LOT PROPOSED FLOOR AREA 2 11 15 Exchange 145,363 sf A 11603 29 1,500,000 sf * 12 90 Hudson 371,728 sf E B 11603 31.01 1,032,372 sf * 13 70 Hudson 357,866 sf 1 C * 11603 16 (A-2019) 500,000 sf D 11603 22,27 2,000,000 sf * * Mack Cali Realty Corporation TOTAL: 6,044,118 sf LILIGHTGHE T RARAILIL11605 2 1,500,000 sf F 11614 1 1,944,452 sf WASHINGTON BLVD. TOTAL: 8,476,824 sf . F * Mack Cali Realty Corporation ST HUDSON ST. 10 3 4 EXISTING5 CLASS ‘A’ OFFICE BUILDINGS PEARL PEARL ST 12 13 9 SITE BUILDING OFFICE SPACE 1 * 101 Hudson D1,246,283 sf COLUMBUS DR. 11 2 * Plaza 5 817,500 sf C 3 Plaza 1 400,000 sf WASHINGTON ST. * 4 * Plaza 2 761,200 sf MONTGOMERY ST GRAND ST. 2nd ST. 5 * Plaza 3 7 725,600 sf GREENEGREENE STST. 6 * Hyatt Regency 350 room hotel A B 7 Plaza 10 518,578 sf 8 Path Station 8 6 NY WATERWAY 9 10 Exchange 700,000 sf 1 Exchange FERRY STOP 10 258 room hotel 2 11 15 Exchange 145,363 sf E 12 90 Hudson 371,728 sf 1 13 70 Hudson 357,866 sf LILIGHTGHT RARAILIL * Mack Cali Realty Corporation TOTAL: 6,044,118 sf HUDSON ST. 10 3 4 5 EXCHANGE PLACE 12 13 JERSEY CITY, NJ 9 D 11 C PROPOSED FLOOR AREA PROPOSEDSITE BLOCK FLOORLOT AREA PROPOSED FLOOR AREA A 11603 29 1,500,0007 sf SITE* BLOCK LOT PROPOSED FLOOR AREA B * 11603 31.01 1,032,372 sf 10/16/2017 A * 11603 29 1,500,000 sf C * 11603 16 (A-2019) 500,000 sf B * 11603 31.01 1,032,372 sf SCALE: 1” = 250’ D * 11603 22,27 2,000,000 sf 8 6 NY WATERWAYC * 11603 16 (A-2019) 500,000 sf HUDSON RIVER E 11605 2 1,500,000 sf FERRYD * STOP 11603 22,27 2,000,000 sf F 11614 1 1,944,452 sf E 11605 2 1,500,000 sf WASHINGTON BLVD. F 11614 1 1,944,452 sf . TOTAL: 8,476,824 sf . F WASHINGTON BLVD. * Mack Cali Realty Corporation . ST TOTAL: 8,476,824 sf . F * Mack Cali Realty Corporation ST EXISTING CLASS ‘A’ OFFICE BUILDINGS PEARL ST EXISTINGSITE CLASSBUILDING ‘A’ OFFICE BUILDINGSOFFICE SPACE PEARL ST 1 101 Hudson 1,246,283 sf SITE* BUILDING OFFICE SPACE COLUMBUS DR. 2 * Plaza 5 817,500 sf 1 * 101 Hudson 1,246,283 sf 3 * Plaza 1 400,000 sf COLUMBUS DR. WASHINGTON ST. 2 * Plaza 5 817,500 sf EXCHANGE PLACE 4 * Plaza 2 761,200 sf 3 * Plaza 1 400,000 sf JERSEY CITY, NJ GRAND ST. MONTGOMERY ST 2nd ST. 5 Plaza 3 725,600 sf WASHINGTON ST. 4 * Plaza 2 761,200 sf GREENEGREENE STST 6 * Hyatt Regency 350 room hotel GRAND ST. MONTGOMERY ST . 2nd ST. 5 * Plaza 3 725,600 sf 7 * Plaza 10 518,578 sf A GREENEGREENE STST B 6 Hyatt Regency 350 room hotel . 8 * Path Station 7 Plaza 10 518,578 sf A B 9 10 Exchange 700,000 sf 8 Path Station 10 1 Exchange 258 room hotel 9 10 Exchange 700,000 sf 10/16/2017 11 15 Exchange 145,363 sf 2 10 1 Exchange 258 room hotel 12 90 Hudson 371,728 sf E 2 11 15 Exchange 145,363 sf SCALE: 1” = 250’ HUDSON13 RIVER 70 Hudson 357,866 sf 1 E 12 90 Hudson 371,728 sf 1 13 70 Hudson 357,866 sf LIGHTLIGHT RAILRAIL * Mack Cali Realty Corporation TOTAL: 6,044,118 sf LILIGHTGHT RARAILIL * Mack Cali Realty Corporation TOTAL: 6,044,118 sf HUDSON ST. HUDSON ST. 10 3 4 5 10 3 4 5 12 13 9 12 13 D 11 9 C D 11 C 7 7 8 6 NY WATERWAY 8 6 NYFERRY WATERWAY STOP FERRY STOP EXCHANGE PLACE EXCHANGEJERSEY CITY, NJ PLACE JERSEY CITY, NJ 10/16/2017 HUDSON RIVER SCALE:10/16/2017 1” = 250’ HUDSON RIVER SCALE: 1” = 250’ INCENTIVES AND SUPPORT All levels of government in and around Jersey City are fully supportive of making any adjustments to local, state, and federal regulations to ensure a successful Amazon development project. This includes but is not limited to modifications to zoning rules and restrictions as well as redevelop- ment area plans. INCENTIVES AND SUPPORT INCENTIVES 10 Letters of support from local business leaders as well as elected officials demonstrate our wide - spread yet fully aligned commitment to the success of this project (included as a separate document). In addition to the New Jersey State incentive package of up to $5 billion dollars over 10 years (an amount that effectively covers all of the costs of develop- ing and operating an office in Jersey City), the City also has local tax incentives for new construction projects, which would significantly reduce local property tax payments up to a period of thirty (30) years. The City is also willing to utilize its full faith and credit for the Amazon project, including but not limited to Redevelopment Area Bonds (tax increment financing applicable to a variety of costs such as construction, demolition, infrastructure, affordable housing and other necessary expenses).