Landfills to Greenfields – The Groundbreaking By Lisa Kelly In May, Hackensack Riverkeeper witnessed an historic groundbreaking stemming from years of advocacy—the closing and capping of several landfills in the Meadowlands. EnCap Golf, a Cherokee Investment Partners company, broke ground on a $1 billion project that will transform more than 700 acres of landfills into golf courses and a world-class destination in New Jersey’s Meadowlands District. The Meadowlands Golf Project will turn polluted landfills into golf courses, open space and a pedestrian-friendly village of shopping, homes and hotels. The project will be one of the largest and most recognized brownfield redevelopment projects in the United States.
Along with the two public golf courses, the project will also include miles of walking, running and biking trails, more than 20 acres of public parks, and a public recreation complex in Lyndhurst, which will include three baseball diamonds, a soccer/football field, and an indoor facility. In addition to creating new open space and recreational opportunities, the new destination will include upscale homes, retail amenities and first-class hotel accommodations in a pedestrian-friendly village. The project will include a business hotel and luxury resort totaling 750 rooms, 100,000 square feet of retail space, 750,000 square feet of office space, 1,130 active-adult apartments and condominiums, and 850 open-market apartments and condominiums. A new train stop on the NJ Transit Bergen rail line is also planned. EnCap Golf recently closed on the acquisition of the property from the New Jersey Meadowlands Commission and posted a $148 million bond for the remediation and closure of the Avon, Rutherford, Lyndhurst and Kingsland Park Sanitary landfills, as well as the cost to move the recreational fields in Lyndhurst. This initial phase of the project is anticipated to generate 2,400 full-time and 500 construction jobs. In addition, the project is estimated to generate approximately $19.3 million in annual tax revenues for local municipalities, including Lyndhurst ($13.4), Rutherford ($5.7) and North Arlington ($170,000). The landfill closure and remediation of this phase of the golf project is anticipated to take four years to complete. The construction of the golf courses and resort village is expected to be completed within seven to ten years. A second phase of the Meadowlands project is being planned in North Arlington and Kearny, N.J. The value of construction for each phase of the golf project is estimated to be more than $1 billion. |