NJEDA to Commence Next Phase of Tenant Selection Process for New Jersey Wind Port
On September 23, the New Jersey Economic Development Authority (NJEDA)announced that it will shortly be launching the next phase of its tenant selection process for the New Jersey Wind Port.
The NJEDA will shortly be seeking non-binding offers from OSW developers and component manufacturers on four parcels of property at the Port. Available properties include:
- Two parcels of property with the potential to be purpose-built for offshore wind marshalling, staging and final assembly of turbines; and
- Two parcels of property with the potential to be purpose-built for offshore wind turbine component manufacturing and assembly.
NJEDA anticipates that certain parcels will be available for sublease from 2023. A notice for the sublease of property will be issued in coming weeks and will be available at Bidding Opportunities - NJEDA.
The Port is situated at the geographical center of the United States’ burgeoning OSW sector – with in excess of 38 gigawatts (“GW”) of committed and planned OSW projects along the East Coast, including 7.5 GW of committed projects off the coast of New Jersey.
Based on the current design, the Port will offer OSW industry tenants the following key features:
- Access to the Atlantic Ocean free of vertical restrictions;
- Upland acreage purpose-built for marshalling and component manufacturing;
- A wide approach channel from the main Delaware River Channel;
- A purpose-built heavy-lift wharf, comprising both delivery and installation berths; and
- Heavy-haul road connections between inland port parcels and the Wharf.