Final Three Buildings Will Add 1.1M SF to Lincoln Harbor

WEEHAWKEN, NJ-The final three office buildings of Hartz Mountain Industries’ Lincoln Harbor mixed-use development along the Hudson River have received site plan approval from the city. The action clears the way for an additional 1.1 million sf of class A office space and a 135-room all-suites hotel.

Currently home to more than 1.8 million sf of commercial space, Lincoln Harbor kicked off in 1985. Among the larger space users are such financial institutions as UBS/PaineWebber and Citicorp.

“These approvals are vital,” says Emanuel Stern, president and chief operating officer for the Secaucus, NJ-based Hartz Mountain Industries. “As the market cycle turns positive, we will be in a position to meet the demand for space with these buildings already designed, engineered and now fully approved. We can deliver the space within 12 months of lease signing.”

The three newly approved buildings, along with an earlier approved but undeveloped property, offer full-building sizes of approximately 90,000, 200,000, 452,000 and 852,100 sf, according to Stern. And the new hotel will join an existing and recently refurbished 348-room Sheraton Suites property.

“The final pieces of Lincoln Harbor represent an important milestone,” says Weehawken Mayor Richard Turner. “We’ve succeeded in creating a development that not only brings business to our city, but also provides public access to our waterfront.”

Besides the office space and hotels, Lincoln Harbor also has a substantial residential component that includes several restaurants, as well as more than 250 luxury condominiums and a marina. Late next year, the Hudson-Bergen Light Rail system, which currently runs along the Hudson waterfront in Jersey City and Hoboken, will be extended northward to the Lincoln Harbor site. The system’s expansion will ultimately link those cities with Bayonne to the south, and to a park-and-ride on the New Jersey Turnpike in Ridgefield to the north.

Hartz, which has a portfolio of 185 properties totaling 35 million sf, recently tapped GVA Williams as exclusive leasing agent for Lincoln Harbor.