HOBOKEN — A review team in Hoboken made up of city officials and members of community groups unanimously recommended Wallace Roberts & Todd, LLC to conduct the redevelopment plan for the first phase of work near the downtown Hoboken Terminal. The proposed contract is not to exceed $77,000. Before Wallace Roberts & Todd, LLC can begin work with Hoboken, they must first be approved by the City Council. A resolution will be put forth at the Feb. 16 council meeting.
NJ Transit is proposing development downtown near the site of the Hoboken Terminal, including the construction of an 18-story office building. NJ Transit officials have said a “world class tenant” is interested in the proposed office property.
Mayor Dawn Zimmer has pushed for the city to establish an inter-local agreement, which would give Hoboken more of a say in the development alongside NJ Transit.
Zimmer is continuing to negotiate the agreement to clarify that the city “has authority over the redevelopment process for the entire 52-acre project,” according to a city release.
To read previous coverage of the downtown Transit plan, click HERE. – Ray Smith