EnCap Golf, a Cherokee Investment Partners company, has broken ground on its $1-billion redevelopment project in New Jersey's Meadowlands District. In celebration of the project, Encap and various state officials will attend a public ceremony on Tuesday, May 18, 2004 at 2:00 p.m. The event will take place in the offices of the New Jersey Meadowlands Commission at One DeKorte Park Plaza, in Lyndhurst.
The project will transform more than 700 acres of landfills into golf courses and a world-class resort destination. Located at the doorstep of New York City, the Meadowlands Golf Project will convert polluted landfills into golf courses, lush open spaces and a pedestrian-friendly village of shopping, upscale homes and luxurious hotels.
The undertaking is one of the largest and most recognized brownfield redevelopment projects in the United States. The model of smart growth, the redevelopment will protect and preserve hundreds of acres of environmentally sensitive lands, create thousands of jobs and generate millions of dollars in tax revenues.
On hand for the ceremony will be New Jersey Gov. James E. McGreevey, Susan Bass Levin, Commissioner of the New Jersey Department of Community Affairs, and Bill Gauger, president of EnCap Golf Holdings, LLC. For further details, contact Richard Ochab at 973/799-0200.
