Cinnaminson Sea Box Factory Seeks 225K Square Foot Addition

CINNAMINSON, NJ — The Sea Box facility in Cinnaminson may soon see an addition following steps taken by township committee Monday night.

Cinnaminson Township Committee approved a proposed ordinance on introduction to enter into an agreement with Sea Box for a 225,000 square foot addition to its existing property at Monday night’s meeting.

A payment in lieu of taxes (PILOT) is part of the agreement, and only applies to the proposed addition, according to township officials. Seabox will continue to pay taxes on what is already there.

Township officials estimate that the proposed project would yield approximately $1.3 million in the Township portion of property taxes over a 30-year period without the financial agreement. Under the financial agreement, the project would yield approximately $3.8 million in the Township portion of property taxes over the same period.

Seabox specializes in the design, custom modification and manufacturing of ISO shipping and storage containers, refrigerated containers, containerized shelters, modular building systems, and related parts and accessories for purchase or lease, according to the company’s website.

Township Committee approved the proposal with a 5-0 vote. The public hearing and final vote on the proposal is set for Oct. 19.