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Russo, Forsgate Acquire Meadowlands Site

LYNDHURST, NJ—Russo Development of Carlstadt and Forsgate Industrial Partners of Teterboro won the right to purchase and redevelop the 718 acres of remediated landfills in the Meadowlands known as the Kingsland site.

By Steve Lubetkin | Updated on June 29, 2015

LYNDHURST, NJ—After a lengthy qualification process, the New Jersey Sports and Exposition Authority has accepted a $42.5 million bid from Russo Development of Carlstadt and Forsgate Industrial Partners of Teterboro to purchase and redevelop the 718 acres of remediated landfills in the Meadowlands known as the Kingsland site. 

Both firms are headquartered within miles of the property and have extensive remediation and development experience in the region.  Preliminary plans for the Kingsland Development include distribution facilities, data centers, solar farms, creation of a nature trail in the Rutherford Wetlands, extensive landscaping, green building design, and infrastructure improvements.

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