Forem Facility Management has started construction of a 180,000-square-foot, $65 million distribution center for Wakefern Food Corp. in Newark, NJ.
The facility at the former site of the Newark Farmers Market at 52-62 Cornelia Street will distribute food and produce to ShopRite stores in the Northeast, according to the office of Newark Mayor Cory A. Booker.
The temperature-controlled facility in the city's East Ward will bring about 120 permanent jobs. The Newark Farmers Market, owned by the Forem family since 1933, is one of the major suppliers of fresh fruits and vegetables to the area.
Forem is partnering with Wakefern and the city of Newark to develop the distribution center. A second construction phase could bring an additional 100,000 square feet.
The State Economic Development Agency approved $45 million in transit hub credits for the project, while TD Bank provided a leverage loan for about $27 million.
The refrigerated warehouse will incorporate solar panels on the roof and machinery operated by hydrogen fuel cells, said David Forem, project coordinator for Newark Farmers Market and son of owner Aron Forem.
Wakefern, founded in 1947, is the largest retailer-owned cooperative group of supermarkets in the U.S.
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