New Jersey A4061 requires a certificate of need for warehouse developments over 100,000 square feet.

New Jersey A4061 mandates that a municipal agency cannot approve applications for the development or expansion of warehouses over 100,000 square feet unless a certificate of need is issued by the Office of Local Planning Services in the Department of Community Affairs. The bill defines a warehouse as a building storing cargo, goods, or products for distribution. Developers must prove that at least 90 percent of the warehouse space is leased or committed to active use if housing multiple businesses, or 100 percent if housing a single business.

New Jersey A4061 requires a certificate of need for warehouse developments over 100,000 square feet.

New Jersey A4061 mandates that a municipal agency cannot approve applications for the development or expansion of warehouses over 100,000 square feet unless a certificate of need is issued by the Office of Local Planning Services in the Department of Community Affairs. The bill defines a warehouse as a building storing cargo, goods, or products for distribution. Developers must prove that at least 90 percent of the warehouse space is leased or committed to active use if housing multiple businesses, or 100 percent if housing a single business.