Bubble Wrap

Peninsula at Bayonne Harbor: Jersey Gold Coast's final development frontier

The New York Daily News reports on the transformation underway at the Military Ocean Terminal in Bayonne as the first building has been completed in what will be a community of 7,000 residential units and 58 acres of parkland.

“This is the most valuable piece of real estate on the entire East Coast,” says Mayor Mark Smith, a second-generation Bayonne police officer who spent 26 years on the force. “We’re a 5-minute ferry ride from the capital of the world. The peninsula has all the potential imaginable for residents, entertainment and job creation. This project is important for the entire region.”