HOBOKEN | Terminal Redevelopment | (8 Buildings) | ≤ 24 FLOORS


#1

Continuing the discussion from JERSEY CITY | The Waterfront Redevelopment:

Hoboken Plan

NJ Transit Plan

Rockefeller Group Hoboken Development Jeopardized

BY: NIKOLAI FEDAK ON JANUARY 20TH 2014 AT 1:00 PM

Hoboken Terminal – image from NJ Transit

The scandal surrounding New Jersey Governor Chris Christie has another twist, and this time, a development by The Rockefeller Group could be threatened. Mayor Dawn Zimmer has asserted that Christie officials forced her to support the project — which she should have done anyways — and she is now publicly attacking the Governor. The ensuing battle could ensnare Rockefeller’s proposal in the process.

In addition to The Rockefeller Group’s project — which is on the city’s northern end — Hoboken’s transit terminal is also being redeveloped. The common thread between the developments is a lack of mayoral leadership and the fostering of barriers against growth, rather than the creation of solutions that could benefit the entire community.

Hoboken Terminal has seen little press, but the proposal is impressive, and would convert vacant, unused railyards into a thriving mixed-use hub, in a plan devised by SOM. The entirety of the development would comprise nearly three million square feet of new space, adding over five acres of parkland in the process, but approval has been held up by NIMBY politics. Nearby residents prefer that the land stay dilapidated and unused.

Hoboken Terminal — image from NJ Transit

In addition to the actual development, NJ Transit’s PDF of the project indicates it would create 11,000 new jobs, and generate $15 million in additional yearly tax revenue for Hoboken. The plan is split between nearly 1.3 million square feet of residential, and 1.5 million square feet of office, with an additional 162,000 square feet of retail space.

Hoboken Terminal — image from NJ Transit

The Rockefeller Group’s plans would be a similar boon to the city, and the proposal — which has not been publicly revealed — is worth $1.1 billion. Rockefeller will build 1.8 million square feet of office, as well as 300 condominiums and 85,000 square feet of retail space. The redevelopment would be an economic boon to the community, which suffered enormously during Sandy.

While it is unfortunate partisan politics are clouding the development’s future, it is clear that Hoboken could stand to benefit from the project’s completion. If Mayor Zimmer had actual foresight, the allegations against Christie would not have come at the end of a bandwagon that began in Fort Lee, and perhaps she could have bartered additional development rights for funds to protect Hoboken from climate change during the negotiation process.

Indeed, at Hoboken Terminal, concessions were made during the proposal phase, and the overall scope of the plan was reduced; the community was heavily involved in the discussion, which resulted in the current, scaled-back version.

Hoboken Terminal initial concept — image via the Hoboken Journal

Despite knee-deep evidence, NIMBYs in Hoboken have failed to notice that rising sea levels pose a greater threat to the city than anything else; while locals may be fighting development, the real threat comes from the Hudson River, which caused enormous flooding during Hurricane Sandy.

Hoboken Flooding — image from 10 News

Combined, Hoboken Terminal and the Rockefeller project promise major benefits to the community, providing a crucial injection of capital following the city’s submersion at the hands of Sandy. But protecting Hoboken from additional storm surge events is crucial, and seems to have been ignored by city leaders. There is room for a solution that benefits everyone, and it would include coastal defenses to protect the city.


#2

Hoboken rail yard redevelopment plan, recommendations head to city council

By Kathryn Brenzel | NJ Advance Media for NJ.com
on December 03, 2014 at 10:03 AM

http://imgick.nj.com/home/njo-media/pgmain/img/njcom_photos/photo/2014/10/10/-a7e7688f7f22e43d.JPG

HOBOKEN — As proposed plans for redeveloping the Hoboken rail yards move forward, the city planning board also recommends that the city council consider the project’s height and how it will affect existing businesses.

The planning board ruled on Tuesday night that the latest released redevelopment plan complies with the city’s master plan, but it also passed along several recommendations for the city council. Recommendations included considering the proposed height of the commercial buildings in the plan — a maximum of 22 stories, 24 if certain design requirements are met— and assuring that existing buildings will still be accessible.

The suggestions are just that— the council isn’t required to make any changes based on these recommendations.

During the public hearing, Dian and Mario Fini, who own Teak on the Hudson and several other businesses on Hudson Place, said they were concerned about the proposed pedestrian plaza at Warrington Plaza and Hudson Place. They fear that the plaza will eliminate vehicular access to their businesses, a problem they know all too well.

After Hurricane Sandy, their businesses suffered because Hudson Place was barricaded, preventing customers and delivery trucks from driving up to their businesses. Mario Fini said a pedestrian plaza would likely be a positive addition, but the city needs to keep property values of existing businesses in mind.

“It has lots of merit,” he said. “But a hybrid would be better.”

The city released the latest iteration of the redevelopment plan in October, considerably paring down the scale of previous plans for the site. The new plan calls for approximately 2.2 million square foot mixed-use project— with 125,000 additional square feet of commercial space possible.

Two-thirds of the proposed project’s buildings would consist of office space, with buildings reaching a maximum 24 stories. Residential buildings would reach up to 13 stories and include roughly 583 units, 10 percent of which will be designated as affordable housing.

[…]

http://imgick.nj.com/home/njo-media/pgmain/img/njcom_photos/photo/2014/10/10/-0962f30dd36d1819.JPG


#3

New renderings, maybe something will finally happen here.

http://www.hobokenterminalandrailyard.com/


#4

Gorgeous!