Biz Briefs: Hartz Closing Outlet Space
In a possible sign of decline in retail outlets, Hartz Mountain Industries has received approval from the NJ Meadowlands Commission to convert its Harmon Cove Retail Outlet property at 20 Enterprise Avenue into a warehouse by adding 15 loading areas to the front of the building facing Emerson Lane.
Hartz had to get a variance as state code prohibits loading areas in the front yards of properties. It plans to demolish the second floor of the existing 98,984-square-foot outlet mall space and combine it with a similar amount space on the first floor to become a warehouse in the existing building.
Hartz said the building will be divided into multiple warehouse tenants. It currently has two warehouse tenants at the north side of the building with the retail outlet at the south side.
The NJMC, which said the revamp will not adversely affect neighboring properties nor will it create “any negative visual impacts,” said no comments or objections were raised on the project.
East West Bridals, which operates a retail busines out of the 20 Enterprise site, has submitted a proposal with Hartz to the NJMC to operate its retail business out of 40 Enterprise Ave., which is currently zoned for industrial use and not retail.
HOSPITAL CLEARS HURDLE: Meadowlands Hospital’s plan to build on 81,000 square feet to its existing building on Meadowlands Parkway cleared a regulatory hoop as the Meadowlands Commission has ruled the site unsuitable for residential use, making it expempt from affordable housing guidelines.
The hospital plans to add to the third, fourth and fifth floors of the structure, as well as a level of parking on the property.
With the residential ruling handed down, the zoning application for the additions proceeds for review.
NEW BUILD: Tire re-treading and repair company Custom Bandag at 1151 Paterson Plank Road (the blue and yellow building across from the Mausam Indian restaurant) has applied to build a new 28,345-square-foot building on the site.
The company is asking the NJ Meadowlands Commission for a variance from code which requires maximum lot coverage at 40 percent. Custom Bandag wants to cover 45.3 percent of the lot with the new building.
A 10 a.m. public hearing is set for Feb. 14 at the commission’s headquarters in Lyndhurst.
MOVE: New Boston Fund and Prism Capital Partners said they have leased 21,333 square feet of office space at their One Harmon Plaza building in Secaucus to private label apparel products marketer Delta Galil Industries.
The company is relocating from nearby 150 Meadowlands Parkway, which is owned by Willett Companies.
One Harmon Plaza, adjacent to the Crown Plaza Hotel, is undergoing a $4.5M renovation and includes 192,000-square-feet office property. Micro Excel and JP Morgan Chase Bank are other tenants there.