IT Redevelopment Area
February 25th, 2005
The recently adopted 2004 Master Plan recommends a plan to bring retail, commercial and limited live work residential to the north end of Hoboken above 14 th Street. This area consists of blocks predominately used by Academy Bus to store and maintain there buses. The area was examined by the Master Plan planners as an appropriate place to encourage retail and commercial as alternative uses to more high-density housing development. 1600 Park is identified in the Masterplan as open space.
Recently, the City Counsel adopted a resolution to propose that some of the properties in this area including 1600 Park be included in a redevelopment area causing further speculation and concern that development rather than parkland will be the future for 1600 Park. (See Maps below) This comes on the heals of the developer abandoning a luxury high-rise application at the Zoning Board and a subsequent statement that they are seeking other developing approaches.
