The bond-financed plan was supposed to transform contaminated acres in northern New Jersey with hotel development, residential housing, and a golf course. But the ill-fated EnCap project in the Meadowlands became a public-private partnership mess that state officials will now have to dig themselves out of.
The New Jersey Meadowlands Commission in 2000 entered an agreement with EnCap Golf Holdings LLC that gave development rights to the Texas-based company. EnCap was expected to remediate the 1,300-acre property and close four landfills. Yet state officials now say that the development company did not have the financial backing or knowledge to carry out the project and almost eight years of clean-up at the site has yet to be completed.