New York’s 30-year plan revealed
The Port Authority of New York and New Jersey (PANYNJ) has unveiled a new 30-year plan for growth and development that lays out a flexible roadmap for the next generation of land-use and infrastructure development projects.
‘Port Master Plan 2050’ focuses on five guiding principles: ensuring sustainability and resiliency in all operations and future developments; promoting regional economic generation; establishing state-of-the-art facilities; providing a platform for partnership for all local stakeholders; and shaping future growth of the region.
“This plan lays out a clearly defined roadmap for the future, one that integrates new technology into port operations, provides for more efficient movement of cargo and makes strategic decisions about the future composition of port property,” said PANYNJ executive director Rick Cotton.
The primary objectives of the master plan are to provide opportunities for growth through stakeholder engagement; improve the port’s commercial value by investigating opportunities to maximise lease revenue; to continue to serve as an economic engine for the region; and to promote safe, resilient and environmentally sustainable operations in partnership with its tenants.
PANYNJ aims to continue to be sustainable and resilient, driving down diesel emissions, and minimizing noise, congestion and environmental impacts at its facilities.
Among other strategies, this will be achieved through the latest technologies to reduce or eliminate emissions (adopting electric and low-energy operations at facilities) and by enhancing collaboration with tenants and operators to incorporate performance goals and incentives into lease agreements.
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