Hoboken City Council signs Yards Redevelopment Agreement

Hoboken City Council had a number of major items on its agenda. Screenshot via City of Hoboken on YouTube.

Hoboken City Council approved an agreement for the Works Redevelopment Plan, implemented a citywide 20mph speed limit, and passed the new budget and a resolution for the proposed City Complex.

Worksite Redevelopment Agreement Approved

The council voted unanimously (in the absence of council member Jen Giattino) to approve a redevelopment agreement between the city and developer LCOR on the site redevelopment plan called Hoboken Connect.

The agreement, which was signed by Mayor Ravi Bhalla this morning, will pave the way for renovations to the historic ferry terminal, Warrington Plaza and Hudson Place, as well as the construction of two new buildings which will be commercial and residential respectively. . The changes to the plan had already been adopted in May.

The ferry terminal will be renovated to create retail space on the first floor, which could include either a public market or a food hall, as well as up to 150 bicycle storage spaces. The second floor will have a programmable commercial space, which if not used by NJ Transit for transportation functions, can be used for indoor and outdoor markets, a food hall, and cultural spaces such as a museum , galleries and performance space.

A new bus depot will be built at Hudson Place (subject to NJ Transit government approval) along with other improvements, overseen by a design working group to review concepts and public feedback and submit all the plans. Initial concepts will include components of green infrastructure and other aspects for it.

Warrington Plaza will also be refurbished with movable seating and tables and pop-up structures for public use.

The redevelopment agreement paves the way for major renovations to the ferry terminal area as well as the creation of two new buildings. Photo credit: LCOR.

The commercial building, located at 5 and 23 Hudson Place, will be up to 20 stories high, while the residential building, located along Observer Hwy, will be 28 stories high with 389 residential units, 20% of which will be affordable housing.

All current board members spoke positively about the project before voting on it.

“I think that’s something we can all be excited about,” Councilman Phil Cohen said over the phone. “The old terminal that many of us have visited has tremendous potential for our community.”

Officials also said Governor Phil Murphy set aside $176 million in the recently signed state budget for the public improvement phase of the project.

“[Murphy] and I am proud of this redevelopment in Hoboken and the economic benefits it brings,” Lt. and currently Acting Governor Sheila Oliver said in a statement. “The Murphy administration is focused on strengthening our state from within. We look forward to all the benefits the redevelopment project will bring to the Hoboken community and the wider region. »

Officials said the project will “directly and indirectly” support 15,290 permanent jobs and generate $234 million in tax revenue annually, and create more than 9,800 construction jobs.

Please slow down

The council unanimously passed an ordinance that will create a citywide 20mph speed limit as part of the city’s Vision Zero plan to eliminate all traffic-related deaths and injuries by 2030. The new speed limits will not go into effect until signage is installed throughout the city.

The new speed limit came from a recommendation by a city traffic consultant engineer, Michael Baker International, to conduct a city speed limit, at which they recommended 20 mph as the speed limit of security for all the streets of the city.

“Just by lowering that speed limit by 5 mph [and] reduce the speed of the collision from 5mph to 20mph, reducing the severity of a serious injury or death by 25%,” transport manager Ryan Sharp said.

Transport Director Ryan Sharp said alongside another official that there will be an education plan on the new speed limits. Screenshot via City of Hoboken on YouTube.

Sharp also said that in terms of eliminating the crash altogether, the new speed limit would reduce a vehicle’s stopping distance and could reduce crashes.

He and Public Safety Director Ken Ferrante continued that there will be an education campaign on the new speed limits and that the eight council-approved signs will help enforce the speed limit.

“When you think of the eight points of entry into the city, there are people coming in from the New Jersey Turnpike, the Lincoln Tunnel, the Holland Tunnel, Route 3 [and] 495, and when they cross the Willow Ave. or Jersey Ave., they still used to drive 45, 50, 55 [mph]Ferrante said. “These signs are going to be the first start of ‘you need to slow down in this town’.”

He also said the areas where speed can be enforced with speed cameras are on the straights of Willow Ave. and Observer Hwy., and that the county sheriff’s department is considering putting an enforcement plan in place in conjunction with the city’s traffic bureau.

Other legislation

Council voted to amend and pass the city’s $132 million budget for fiscal year 2022, which was amended to reduce the local tax increase to just 2.5% from 5.6% . It was approved 6-2, with Council President Michael Russo and Councilwoman Tiffanie Fisher voting no.

They also voted to pass a resolution asking the Hudson County Improvement Authority, which handles the bonds and financing, to acquire the Poggi Press property at 1501 Adams St. for their proposed municipal complex. It was approved 5-3, with Fisher and advisers Michael DeFusco and Ruben Ramos voting no.

For updates on this story and others, check out hudsonreporter.com and follow us on Twitter @hudson_reporter. Mark Koosau can be reached at [email protected] or on his Twitter @snivyTsutarja.

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