EDISON – The community is looking to purchase land in front of Silver Lake and Glendale avenues where a developer plans to build a 161,580 square foot warehouse, but the cost of doing so remains unknown.
Because of this, the community has begun raising government grants, raising county funds, and accepting donations to purchase the property in South Edison.
Mayor Thomas Lankey said voter approval of a poll question for an Open Space Trust Fund that would qualify the community for 50% Green Acres grants would help. Currently, without an open space trust fund, the community is only eligible for 25% Green Acre grants.
If the poll question is approved, the average Edison homeowner would pay about $ 18 more a year in taxes.
“We hope it goes over so we can qualify for more money than we received,” Lankey said. “The $ 750,000 could have doubled if we had our open space tax.”
Governor Phil Murphy announced last week recommended approval of $ 750,000 in Green Acres funding to purchase 11.5 hectares for the Glendale Park acquisition project along the community’s waterfront. The community also received $ 500,000 government Urban Parks grant to purchase the Glendale Avenue property.
Lankey said the two grants were only a fraction of the money needed. The State Department of Environmental Protection website states that Edison originally applied for $ 3.5 million in Green Acres grants and a $ 10.5 million soft loan.
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Lankey said the property is being assessed before the Middlesex County Board of Commissioners in hopes it will provide some funding as well.
The community is also looking for additional contributions as well as some smaller grants, he said.
“We’re trying to raise as much money as we can without making an agreement with the developers because every deal has to be two-way,” Lankey said.
In the meantime, the developer’s application, against which residents in the neighborhood fought, is due to be presented again to the planning committee on December 7th at 7 p.m.
A Brooklyn-based company, 41 Glendale LLC, plans to build the warehouse along with subsidiary offices on the 11.49 acre site. There are also plans to improve the location, such as parking spaces for cars and trailers, loading ramps and facilities for rainwater management.
The building would include 146,893 square feet of warehouse space and 14,687 square feet of office space, along with a new driveway around the building. The driveway is accessed from Silver Lake Avenue and no driveway is planned on Glendale Avenue. The property is located in a light industrial zone where warehouses are allowed.
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Warehouse traffic would move on Silver Lake Avenue, which is about nine feet wide and doesn’t have enough space for two trucks, especially with vehicles parked on either side of the street.
“We made it clear to them that we were interested in buying the site, but we haven’t gotten around to sitting with them and having a specific conversation,” said Lankey. “We let them know that we are open to sit down and talk, and at that point we will see if they are interested in selling it to us for an open space, and then we would raise all the funds that we can get from the county that $ 750,000 and the rest. “
“We know we’re going to be close. We know we have to bond, but we’re trying to get as close as possible,” Lankey said.
Lankey knows that what is eventually created on the site could end up in the hands of the next administration. He is not seeking re-election and his term ends on December 31st.
However, he doesn’t think the property is conducive to greater development, but rather could serve as a passive park where people can walk and relax with their families and dogs.
“The key is that the road is not conducive to this type of (warehouse) truck traffic. This street is narrow and you have cars parked. It’s just not sure it’s as open, “Lankey said.” I’m optimistic that something will be done there, but not in the camp. ”
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Suzanne Russell is a breaking news reporter for MyCentralJersey.com covering crime, courts and other mayhem. To get unlimited access, subscribe or activate your digital account today.