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Bayonne closer to adding ferry terminal

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Bayonne has received approximately $650,000 in funding through the federal Passenger Ferry Grant program to help pay for the construction of the proposed commuter ferry terminal at the former Military Ocean Terminal.

The project was announced earlier this year after Bayonne Mayor James Davis secured a term sheet agreement with the Port Authority of New York and New Jersey. The city is awaiting bids from private ferry operators after the city council voted in April to issue a Request for Proposals for the ferry program.

Davis, along with Congressman Albio Sires, D-8th District, have championed the project.

"Commuter ferry service is a game changer for Bayonne and this federal grant is another step forward for our city towards a brighter future with millions in new tax revenue and an opportunity for our community to thrive," Davis said.

The terminal project is part of the redevelopment of the MOTBY site, which will include a Costco store and luxury housing units currently under construction.

"Bayonne is finally experiencing the kind of renaissance that residents have waited a long time for and I'm very proud to be able to assist in that effort by securing this grant to help bring commuter ferry service to the city," Sires said.

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Elana Knopp

Elana Knopp

Elana Knopp covers all things real estate for NJBIZ. You can contact her at eknopp@njbiz.com.

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