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Speed limit on Terhune Road reduced to 25mph immediately in anticipation of 400 new homes The speed limit on Terhune Road, between North Harrison Street and Randall Road, has been reduced from 30 miles per hour to 25 miles per hour. The reduced speed limit took effect immediately after an ordinance was adopted by the Princeton Council at its Dec. 7 meeting. Signs indicating the new speed limit are in place. The reduction in the speed limit was made in anticipation of the development of about 400 new homes, both townhouses and rental apartments, along Terhune Road. The Princeton Planning Board has approved the redevelopment of the former Thanet Circle office park into a 221-unit townhouse and rental apartment development by AvalonBay Communities, and an age-restricted 80-unit affordable housing development by PIRHL Developers LLC. ....