The BLRA Board of Commissioners at a special meeting on Monday, Nov. 26 authorized Executive Director Nancy Kist to enter into a Redeveloper Agreement and/or Contract(s) for Sale with Dynamic Delivery Corporation that will enable the construction of an access road from the Maritime District to Pulaski Street. The vote followed more than a year of discussions and negotiations with Dynamic.

The vote will allow the BLRA to purchase a portion of 150 Pulaski Street from Dynamic (approximately 0.90 acres) and sell a portion of the Maritime District to Dynamic (approximately 9.6 acres). In addition to receiving a key portion of 150 Pulaski Street which is needed to create a new truck access road, the BLRA will receive $2.8 million from Dynamic Delivery Corporation.

“This is really a win-win for both parties,” said Howard Fitch, Chair of the BLRA Board of Commissioners. “The BLRA will get the property it needs to build a new access road to Pulaski Street and thus keep truck traffic off the rest of the mixed use development. And Dynamic will get land it needs to improve operations.”

The new road for truck traffic represents a major infrastructure improvement for the Peninsula at Bayonne Harbor.


 

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