Hoboken has approved four agreements that will transform vacant lots and rubble on the city’s northern border into a mixed-use neighborhood with more than 700 homes, retail shops, new public parks and a municipal parking garage.
City officials recently announced the redevelopment agreements with Park Willow, LLC Rockefeller Group for the North End Rehabilitation Area, according to a Dec. 18 statement.
The redevelopment project in Hoboken will span approximately 2.5 city blocks and deliver 729 residential units, including 73 affordable housing units, along with retail space and enhanced pedestrian and bicycle infrastructure.Hoboken
The project will span about 2.5 city blocks and deliver 729 residential units, including 73 affordable housing units, along with retail space and enhanced pedestrian and bicycle infrastructure.
The development will include more than 48,000 square feet of new public open space featuring linear parks, promenades and plazas connecting the North End to Harborside Park and the waterfront.
A 275-space municipal parking garage will be the first new city garage built in Hoboken since 2003 and the first ever built in the uptown area.
The projects also include streetscape improvements as well as a critical east – west connection for the Green Circuit, a citywide bike way along 15th Street in Hoboken.Hoboken
The city will lease the garage for public use, with net revenues expected to go to the city, according to the statement.
The project includes a protected two-way bike lane along 15th Street, forming a critical link in Hoboken’s Green Circuit bicycle network.
“The piles of rubble that greet Hoboken’s visitors at our northern border will be transformed into a thoughtfully designed mixed-use neighborhood,” said Councilman Phil Cohen, a member of the Community Development subcommittee.
The separated cycle track supports the city’s Vision Zero goal of eliminating traffic deaths and injuries by 2030.
Additional features include more than 38,000 square feet of ground-floor retail space, street improvements and green roofs on each building for stormwater management.
The city will receive a $4 million community benefit payment as the projects advance through approval and construction.
The redevelopment area encompasses the 1500 blocks of Willow Avenue and Park Avenue and a portion of the block south of 15th Street between Willow and Park avenues, according to the statement.