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New Jersey
Redevelopment Plans for Site of Edison Ford Plant Said to Be Forthcoming
With the closure of the Ford assembly plant in Edison scheduled for February 27th, Township Mayor George Spadoro assured residents at a press conference attended by state and local officials that the site redevelopment plans are quite advanced, stressing, ''Having over 100 acres of prime real estate on Route 1 gives us a unique opportunity for a creative mixed-use project.''
The township, reports Globest web page writer Eric Peterson, has hired the Baltimore-based RTKL firm to draw a specific site redevelopment plan, with about 20 national developers already interested in the future construction job. Once approvals and an environmental cleanup are completed, the site may be ready for groundbreaking early next year.
The writer adds that Ford is closing the Edison plant and several others nationwide to trim a production overcapacity of a million cars and trucks. -- GlobeSt.com
2/12/2004
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