Cement giant inks deal to develop Brooklyn pier.Lafarge North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the biggest supplier of cement in the US and Canada, has inked a long-term lease for the 25th Street Pier in the Sunset Park Sunset Park is the name for several parks including:
New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs. announced. Lafarge will develop the 6.8-acre site into a storage and shipping terminal for its cement products. The company will invest $8.5 million in maritime-related renovations to the pier and another $12 million to construct silos and purchase other equipment. The project will create about 30 new jobs for the Brooklyn waterfront and bring the City more than $1.4 million in revenue annually for at least 20 years. "This is the first long-term maritime contract MARITIME CONTRACT. One which relates to the navigation of the sea. 2. The admiralty has jurisdiction in case of the breach of such contract, whether it has been entered into on land or at sea. 4 Wash. C. C. R. 453; see 2 Gallis. 465; 2 Sumn. 1; Gilp. 529. executed by the City since the late 1980s and an excellent example of Mayor Bloomberg's commitment to put the Brooklyn waterfront back to work with long-term, sustainable maritime uses," said EDC EDC See: Export Development Corp. President Andrew M. Alper. "In Red Hook, construction is underway for a new $30 million cruise ship terminal to accommodate the cruise industry's burgeoning growth. "At the South Brooklyn Marine Terminal, in Sunset Park, we are working with The Axis Group to develop a $40 million automobile processing facility, and Hugo Neu Corporation to develop a $35 million state-of-the art recycling facility where all recycling material will arrive by barge and 75 percent will leave by barge. These three projects will create more than 700 jobs." Cement products from Lafarge's Ravena manufacturing plant in upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. will be transported to the pier by barge. The new distribution facility will feature a modern transfer system designed to move material from barge to dock, where it will be loaded onto trucks for delivery to customers in the New York metro For the region, see . Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies. region. "This lease underscores the longstanding relationship Lafarge has with the City's building community," said Claude Bastien, President of the Northeast Region of Lafarge North America's Cement Division. "Our investment in our maritime network matches well with EDC's objective to redevelop the city's maritime commerce." The lease for the pier, negotiated by EDC on behalf of the city, is for 20 years, with the possibility of two five-year extensions. Rehabilitation of the pier and construction of the new facility will begin early this year and take about a year to complete. Lafarge was selected to develop the site as a result of a Request for Proposals (RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. ). |
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