2. The City of Bayonne
The State of our City is Excellent
We have a financial plan that’s working
Developers are interested in our community
New Projects are underway all over the city
Investment in the community is up
Property values are up
Population is up
Our future is bright
3. The City of Bayonne
A financial plan that’s working
Pay down over all debt
Over 43% so far
That’s almost $200,000,000.00
Or about $11,500 for the average homeowner
For the average homeowner that’s almost $800 a year in debt
service
5. The City of Bayonne
A financial plan that’s working
Analyze and reorganize municipal operations
Reduced the number of Municipal Departments from 9 to 4
Reduced the municipal workforce to its lowest level in 20 years
Through attrition and without significant layoffs
Done while improving the delivery of municipal services
Eliminated unnecessary independent authorities and agencies
BPA, BEDC, BLRA,TCMC
• Made government more accountable to the people we were elected
to serve
Holding the line on municipal expenses
• Shopping for insurance, energy contracts and using shared services
6. The City of Bayonne
Developers are interested in Bayonne
NJ BIZ Magazine recently named Bayonne one New Jersey’s real
estate “Hotspots”
“Bayonne - The waterfront city in Hudson County has
opened its doors to developers in recent months, hoping
to introduce them to a 55-acre piece of undeveloped land
on the New York Harbor.
And there seems to be sizable interest. In early
December, more than 75 individuals from the real estate
industry attended a seminar to explore opportunities at
the site, giving way to a formal solicitation for interest
that was due late last month.”
7. The City of Bayonne
Business interest in town is up
Over 111 new businesses have opened in Bayonne
8. The City of Bayonne
Our plan for success
Pay off debt
Reduce expenses
Increase revenue by broadening our tax base
New projects on undeveloped land
Adaptive reuse of old facilities
Rejuvenate Broadway shopping district
9. The City of Bayonne
Development is
up all over town
10. The City of Bayonne
Bayonne Crossings Shopping Center
27 new stores and hundreds of new jobs
Turned a long vacant brownfield into a jobs producing, tax
producing engine
One of the only such centers to break ground during the
recession
Created hundreds of union construction jobs
Last tenants are being finalized
Phase II on the corner of East 22nd Street and Broadway is
being finalized.
Recycling facility will be relocated
11. The City of Bayonne
Bayonne Crossings Power Shopping Center: Something out of nothing
12. The City of Bayonne
Silklofts adaptive reuse of the former Maidenform
Factory
Luxury rental apartments being built at the former
Maidenform Brassiere Factory
Being converted using substantially union labor
Preserving the historic aspects of the facility
Generating increased property tax revenue for Bayonne
Will have a positive impact on our central business district by
placing new shoppers in close proximity to Broadway
Takes advantage of the Hudson Bergen Light Rail System 22nd
Street station
17. The City of Bayonne
Many thanks to Doug
Stern for his dedication
and commitment to this
project and the City of
Bayonne
18. The City of Bayonne
The Park Apartments
Underway at 44th Street and JFK Boulevard
Project is being built by John Cali and associates, widely
experienced developers formerly of the Mack-Cali organization
The site was a former gas station that was vacant for decades
19. The City of Bayonne
The Park Apartments: Construction underway
20. The City of Bayonne
Royal Wine Corporation
Decided to locate their world headquarters here in Bayonne
Creating new jobs and tax ratables
Cleaning up a polluted site
Including state of the art green technology
Being built with union labor
21. The City of Bayonne
Royal Wine Corporation: Construction Underway
22. The City of Bayonne
Royal Wine Corporation: Construction Underway
23. The City of Bayonne
Tagliareni Plaza: Affordable Housing Project
Includes units for person with MS, Disabled Veterans,
Low/Moderate income families and market rate units
Takes advantage of the proximity to the Hudson Bergen Light
Rail 45th Street Station
Built with ALL union labor
24. The City of Bayonne
Tagliareni Plaza: Affordable Housing Project
25. The City of Bayonne
Smaller businesses are coming to Bayonne as well
Prepared to meet the demands of new customers
Lot 13 Bar and Restaurant across the street from Silklofts
Perk-Up Café: new business on Broadway
26. The City of Bayonne
Infill development is taking over vacant and
unutilized lots bringing new business to Bayonne
New Walgreens at 53rd and Broadway
New Investors Savings at 53rd and Broadway
27. The City of Bayonne
New residential development underway on
Broadway at Dodge Street
Bringing new residents to the Bergen Point shopping district
28. The City of Bayonne
New residential development near completion on
JFK Blvd. at 3rd Street
Abandoned, polluted bus depot and Fuel Oil Company
restored to productive tax-paying use
29. The City of Bayonne
Baker Residential Hi-Hat Project restarting
Residential project at former citer's site resuming as economy
picks up.
30. The City of Bayonne
Complete upgrade of Don Ahern Veterans’ Memorial
Stadium is under way
Completion is planned for Spring 2015
New Synthetic Field Turf
New and improved lighting
Improved Baseball field
New Soccer field
New walking track
Being built with grants and insurance proceeds
without BORROWING and without using Taxpayer
dollars
31. The City of Bayonne
Upgrades to Don Ahern Veterans’ Memorial Stadium
32. The City of Bayonne
New Fire Station almost complete
Paid for substantially with grant funds
33. The City of Bayonne
Bayonne Energy Center
Built on vacant land
Increased tax revenue from $103,000 to $1,300,000
Built with union labor, created hundreds of construction jobs
Guaranteed annual water purchase of over $1,000,000
Virtually no new demands on city services
35. The City of Bayonne
Cape Liberty Cruise Port Expansion
Slated for the construction of a state-of-the-art permanent
passenger terminal and associated parking deck
More passengers, more choices, more jobs
36. The City of Bayonne
NJ Turnpike Plaza 14a renovations
Plans are being finalized to construct improvements to our
turnpike plaza that will enhance the flow of traffic and improve
everyone’s daily commute
Plaza will have NO traffic lights allowing for direct, free flow
access to the turnpike
Cars and trucks will be able to access NJ route 440 directly,
non-stop, without traffic signals
37. The City of Bayonne
Harbor Station North
Under development by Carl Goldberg and associates
Plans call for a transit oriented village just across route 440 from
the Hudson Bergen Light Rail 45th Street Station
Including residential and retail development
New tax ratables for our city
38. The City of Bayonne
Harbor Station South
Proposals being evaluated for retail/commercial/recreational
development on 55 acres
Plans call for two hotels, restaurants, shops and retail shopping
outlets
Developers are being evaluated for their experience and ability to
complete a project.
Focus is on job creation and revenue generation
39. The City of Bayonne
Harbor Station South: 55 acres of undeveloped land
40. The City of Bayonne
Harbor Station South: Development proposals
41. The City of Bayonne
Harbor Station South: Development proposals
42. The City of Bayonne
Harbor Station South: Development proposals
43. The City of Bayonne
Broadway Redevelopment Zone Underway
Our Block by Block strategy to renew our Broadway shopping
district is underway
Broadway from 23rd to 24th street has been declared an area in
need of redevelopment
A conditional developer has been designated
A redevelopment plan is being finalized
Proposed project is for a multistory mixed use professional and
retail complex with and associated parking deck on DelMonte
drive
Project will create over 200 new jobs in our central business
district stimulating new business development
44. The City of Bayonne
Broadway Redevelopment Zone: Present Condition
45. The City of Bayonne
Broadway Redevelopment Zone: Proposed facility
