HOBOKEN — KMS Development Partners (KMS), the company behind the proposed plan to build a new Hilton hotel on the US Postal Service property on the south end of Hoboken’s waterfront, announced the launch of their new website: HobokenWaterfrontHotel.com.
Unlike some waterfront projects, it appears to have the sort of a major local activist group.
“The hotel proposed by KMS will be a great addition to the south waterfront, replacing a bleak view of the rear of the post office with a new building and greatly improved streetscape,” said local waterfront activist Ron Hine, who has opposed some waterfront developments in the past. “This is an opportunity the city cannot afford to miss.” Hine is the head of the Fund for a Better Waterfront.
KMS is a developer who has completed public/private redevelopments projects throughout the country including in Philadelphia, Pa., Arlington, Va., Bethesda, Md. and New Brunswick.
“This redevelopment brings with it a host of significant benefits for Hoboken including $1.6 million a year in new taxes, operational improvements to the Hoboken Post Office including a new underground parking facility, improved pedestrian access to the waterfront, traffic pattern enhancements, new streetscapes and hotel amenities for Hoboken residents,” said Dennis Martin, a principal with KMS.
Hoboken already has a W hotel on the waterfront.