WOODBRIDGE - Woodbridge Township will soon be home to a new power plant and waterfront park.

A $1 billion power plant will be built on the 655 acres of a closed chemical plant. Crews have entered the second phase of the remediation and restoration project.

Another 100 acres of the area will be turned into a new waterfront recreation area, which will include, kayaking, fishing and hiking trails.

The park will also include natural wetlands and habitats and learning stations, according to Woodbridge Mayor John McCormac.

The wetlands along the Raritan River are expected to be open to the public next year.

The project is being paid for by private investors and grants from the DEP.