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Sports Authority Delays Pick Of Meadowlands Project

Holiday In Wales The New Jersey Sports and Exposition Authority will not select a developer for the Meadowlands Sports Complex until next year, top state officials said.

Plans are already underway to pay tribute to this beloved part of the island's history says the Aruba Tourism Authority.

Holiday Wales George Zoffinger, the authority's chief executive, said the delay would give the agency a chance to better evaluate financial projections for all six proposals to build a family entertainment complex on the Continental Airlines Arena site.

Now and then you get more news about the Xanadu mall and "entertainment" center project in the East Rutherford Meadowlands sports complex that makes you shake your head. It seems the New York Giants football owners are concerned about the impact of traffic on their fans. But according to the New Jersey Sports and Exposition Authority, which approved the $1.3 billion shopping and entertainment complex, the Giants and Xanadu's developers, Mills Corp. Cali Realty of Cranford, are partners.

Cottage Holiday In Wales Developers were scheduled to make oral presentations to the authority next week. But Zoffinger sent letters Friday informing them the presentations had been pushed back to Oct. 22, and would not address financial aspects. Zoffinger said those discussions will take place later.

It appeared to be the perfect marriage of real estate heavyweights. The Mills Corp., owner of a huge tract of wetlands, and Hartz Mountain Industries, owner of tons of retail and office space, were expected offer a joint proposal to remake the Meadowlands Sports Complex. But Mills and Hartz emerged on opposing teams this week when the proposal were submitted to the New Jersey Sports and Exposition Authority. What happened

Caravan Holiday In Wales The delay also pushes back the deadline for developers to submit their best and final offers. Zoffinger said the final proposals would not be due until Dec. 30, his original deadline for picking a company to remake 107 acres of prized Bergen County real estate that sits just off the New Jersey Turnpike. Zoffinger said he might try to move up the selection date, but speeding up the process would be difficult.

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Camping Holiday Wales The latest delay could complicate Gov. James E. McGreevey's plan to complete redevelopment of the Meadowlands before moving ahead with a new arena in downtown Newark. YankeeNets, the sports company that controls the Nets and Devils, wants to move the teams from the Meadowlands to Newark by 2005. If not, the company has threatened to move the teams out of state.

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Accommodation Holiday Wales Zoffinger said Tuesday the quality of the Meadowlands proposals was "evidence that there is a better value at the Meadowlands than a money-losing arena." He presented his plans during a progress report he delivered to elected officials from Bergen County.

Holiday Last Minute Wales Though officials who attended the meeting Tuesday morning said they were impressed with several proposals, they want a firm commitment to road improvements and rail service to the area before a Newark arena plan is approved.

Catering Holiday Self Wales "That remains very important," said Assemblywoman Loretta Weinberg (D-Bergen). "I continue to say the devil is in the details."

Holiday Wales Walking By Matthew Futterman
Star-Ledger - 10/3/2002

Topic: Meadowlands

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