The City of Hoboken is poised to finally close the Monarch deal with Ironstate Development next week, successfully ending a year-long effort to preserve the waterfront in the 2nd Ward.
Mayor Bhalla announces the closing of the Monarch agreement hudsonreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hudsonreporter.com Daily Mail and Mail on Sunday newspapers.
Hudson Reporter
Plans made for Hoboken’s ‘final frontier’
Council adopts North End Redevelopment Plan ×
Plans envision the existing industrial area as a mixed-use residential neighborhood with ground-floor commercial space, bike lanes, a linear park, and a new light rail station.
Potholed roads and industrial blocks with warehouses and parking lots in Hoboken’s northwestern corner are set to be the new home of a mixed-use residential neighborhood, now that the City Council has adopted the North End Redevelopment Plan.
The plan re-imagines 30 acres of Hoboken’s primarily industrial northwest and sets the permitted uses and development standards for the North End Rehabilitation Area roughly bounded by the 14th Street Viaduct to the south, Park Avenue to the east, 17th Street to the north, and the Palisades Cliffs to the west. The Hudson Bergen Light Rail line runs along the western and northern edges.
North End Redevelopment Plan amendments proposed hudsonreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hudsonreporter.com Daily Mail and Mail on Sunday newspapers.
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Hoboken’s industrial northwest reimagined
Draft redevelopment plan includes pedestrian promenade and possible light rail station ×
The draft plan proposes a pedestrian plaza on Clinton Street, northwest.
The draft North End Redevelopment Plan, which reimagines 30 acres of Hoboken’s primarily industrial northwest, will be presented at a special virtual city council meeting on Wednesday, Jan. 27 at 7 p.m.
The plan includes a proposal for a new Hudson-Bergen Light Rail station, public open space to connect to a city-wide green circuit, a mix of new commercial and residential uses, a minimum 10 percent affordable housing set aside, a pedestrian-oriented retail corridor along 15th Street, a pedestrian promenade along Clinton Street, and the raising of streets to accommodate underground flood infrastructure.