LOGAN – A large plot of land valued by farms, about 3 miles north of Bridgeport and, more importantly, even closer to the ramps on Route 130 is officially open for potential warehouse development.

On February 14, the city zoning council granted a waiver of the use of Floodgate Road LLC. The company wants to house three warehouses with a total area of ​​367,250 square feet, about 69.55 acres. The site is docked at the intersection of Floodgate Road and Route 44.

The company received from the board only a waiver of use during the hearings. He must return with a fully detailed site plan before he can proceed with construction.

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John Kainer, the company’s warehouse broker, said warehouses here and in nearby communities are attractive to tenants in part because rents in South Jersey are lower than in Philadelphia.

“And they’re also getting new buildings that help core functionality … increase their profitability,” Kainer said.

At the moment, according to company representatives, the project is built on the creation of standard warehouses, rather than execution centers such as Amazon. However, this is a speculative project, and this concept may change towards performance centers as the site goes to market.

The proposed storage space in the northeastern part of Logan is currently in a restricted area for residential development. However, according to eyewitnesses, a number of industrial works are already underway in the immediate vicinity.

The site, now owned by Leone Realty, according to tax reports, is opposite Godwin Pumps on 1 Floodgate Road. Bridgeport Speedway is a little further north, at 83 Floodgate Road.

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