Kurt Wittek, managing director of Black Rock Realty LLC, says that it has decided to demolish all of the existing buildings at the 21 Black Rock Turnpike site, which totals 35.5 acres. Wittek notes that the firm will demolish all three existing buildings on the property including a 225,000 sf former Bullard's foundry. Black Rock Realty, a joint venture of Wittek and Rugby Realty Co., of Teterboro, NJ, had planned to redevelop the Bullard's property into a 450,000-sf office building. The joint venture purchased the property in January of this year from UPS Corp., for $5.9 million. The Bullard's foundry building has been vacant for the past 16 years.

"The foundry building as well as the rest of the buildings on the property will be demolished," Wittek says. "The (original) plan did not allow us the flexibility we might need."

Specifically, Wittek noted that the floor plates would not suit today's tenant requirements. Instead, the company plans to build eight office buildings of approximately 150,000 sf each as part of its 1.36 million sf plan. He adds that the office buildings will be undertaken in phases. "The new plan gives up greater flexibility to respond to market conditions at the time," Wittek notes.