a. Hillwood York:
- Located in Orchard Business Park (Phase II), New York City and Pennsylvania State, on the northeast corner of Highway 83 and Canal Street.
- Hill Wood York will be developed into an A- class logistics center with an area of around 72,464 square meters.
- The joint venture between Hillwood and Kinsley will have the land plot ownership (Kinsley is now the land owner).
b. Hillwood West Deptford:
- It will be the base of modern time industries, and be located at West Deptford, New Jersey, in an area of 27.94 hectares, adjacent to Exit 19 on highway 1-295.
- The project site is near the highway 1-19, NJ Turnpike and highway I-76, having easy access to major residential areas in the northwest.
- WestDeptfords will become an A-class logistic facility with an area of around 71,535.3 square meters.
- Hillwood will assume the activities on the site, including land clearance, facility build-up, interior decoration works and building management task.
Overview on jobs creation:
- The estimation on necessary direct workers, indirect worker and prospective workers will be based on the RIMS II model.
- Group 55 will respond to jobs creation requested to every investor only based on it’s in need indirect workers and prospective workers.
Capital costs and indirect jobs creation costs (Estimated)
Total cost | $109,343,345 |
Indirect workers / prospective workers | 460 |
Jobs creation for group 55 | 340 |
Over scored Jobs creation rate | 35,3% (120 jobs) |
Numbers of works created for each person | 12,12 |