Port Authority officials say the site will be redeveloped as anauto marine terminal for imported cars, and other unspecified uses.One use that won't happen, however, is a cargo container terminal.Local officials required that provision in the deal, citing noiseand traffic, as well as existing contracts with developers involvedin residential and commercial projects within the former MOT site.As reported by GlobeSt.com,multiple developers are involved, and their deals specifically barany cargo container facilities.

But the deal will allow existing sites within the 3,000 acresthe Port Authority owns to be freed up for cargo container use, sayofficials. "In the next 10 years, we expect our cargo volumes todouble, yet we have limited land on which to expand ourfacilities," says port commerce director Richard M. Larrabee. "Thisparcel is a gem in New York harbor that will allow us to begin toaddress these critical issues."

"This is an ideal use of the port property," says Bayonne LocalRedevelopment Authority director Nancy A. Kist. "It will createthousands of jobs while complementing the mixed-use waterfrontdevelopment the city has envisioned for the peninsula."