Costco, Harbor View Marketplace, Bayonne, NJ
BAYONNE, NJ—Costco Wholesale opened a 150,000 square foot store at Harbor View Marketplace, the retail component JMF Properties' and RD Management's mixed-use development at Bayonne's Military Ocean Terminal.
Costco also opened an 18-pump Costco Gasoline gas station on the site.
Additional retail space rising on the property will include well-known stores and restaurants, as well as outdoor seating. The residential component includes 651 luxury rental residences that are currently under construction.
“We promised Bayonne-area residents and shoppers an outstanding anchor tenant for Harbor View Marketplace, and we delivered on that promise, less than one year after breaking ground on the project,” says Joe Forgione, the founder and principal of JMF Properties. “We welcome Costco to the community and look forward to continuing to develop a project that will no doubt attract many new shoppers, visitors and residents to this fast growing section of Bayonne.”
The opening of Costco is a milestone moment in the redevelopment of Military Ocean Terminal, a 103-acre peninsula that juts out into New York Harbor. Formerly a base for both the Army and the Navy, Military Ocean Terminal is now being transformed into a mixed-use waterfront destination comprising residential, retail, restaurants, commercial space and recreation.
“Bayonne is a great place for shoppers who want to break away from Jersey City, Staten Island, or even Manhattan, to get their shopping done,” says Richard Birdoff, principal and president of RD Management. “This is the first Costco in the Jersey City-Bayonne area; not only will it attract more consumers to the region, but it will simplify shopping for area residents and travelers in need of anything from grocery to furniture items or even a quick stop to fill up their car at the 18-pump Costco Gasoline gas station. This wholesale retailer is the perfect anchor for Harbor View Marketplace, and we wish nothing but success for Costco and the future development of the center into a complete live-work-play community.”
The residential portion of the project will deliver 651 luxury rental residences to a 14-acre site with views of Bayonne Golf Club across an inlet of New York Harbor. The rental residences will be housed in two five-story buildings which include an 820-space enclosed parking garage. The community will also feature 25,000 square feet of lifestyle amenities, including a rooftop resort-style swimming pool that overlooks the golf course. It will be just steps from a planned Ferry Terminal with service to Manhattan and will offer easy access to the NJ TRANSIT Hudson-Bergen Light Rail.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
