Carteret, NJ – Mayor Dan Reiman joined by Borough Council and Hampshire Companies on March 15th celebrated the ribbon cutting for the Extra Space self-storage facility at 6640 Peter J. Sica Industrial Highway. The property sitting between Lefferts Street and Peter J. Sica Industrial Highway was constructed by 48 Lefferts Street Urban Renewal, LLC which is a subsidiary of Hampshire Companies of Morristown, New Jersey.
The Lefferts Street renewal leveled the preexisting vacant buildings that remained from the Magruder chemical days as well as removed the debris from the site. The self-storage facility received Planning Board approval in 2016 and completed construction in late 2017. The construction of the Extra Space facility is comprised of 96,000 sq. ft including a 4 floor main building and three one-story buildings, totaling 784 storage units.
The site was once the home of Magruder Chemical Plant that closed a decade ago and has remained dormant since the parent company went bankrupt. “Any time a brownfield site is allowed to remain vacant it is detriment to the surrounding area and our local economy,” said Mayor Reiman. “This much needed facility is beneficial to our local residents as well as the economy of the Borough; it will provide needed storage services, and as a result of the construction it cleaned up a contaminated brownfield site that provided construction jobs and additional long term taxes.”
This is one of the many projects redeveloping vacant brownfield sites with new businesses that are choosing to relocate to Carteret. “In general, businesses are recognizing the potential that Carteret has to offer,” said Councilman A.J. Johal.