HomeReal Estate & DevelopmentLong-delayed Hoboken Hilton appears to finally be getting closer to reality

Long-delayed Hoboken Hilton appears to finally be getting closer to reality

Final issue involving 20-story, 349-room hotel cleared by Hoboken City Council

A Hilton hotel in Hoboken — first proposed in 2017 — appears to finally be close to reality after the city council seemingly cleared the last hurdle during a meeting earlier this month.

The 20-story, 349-room hotel, which will be located on waterfront property behind the Frank Sinatra Post Office, has been held up by numerous issues and lawsuits — not to mention the pandemic. The city council, on July 7, overcame the last hurdle, approving a lease agreement regarding a post office parking lot on the proposed site of the hotel.

Philadelphia-based KMS Development is the lead developer. New York-based Cooper Carry is the architect. The story was first reported in Jersey Digs.

Hoboken Councilman Phil Cohen said he’s happy to see the project get closer to a groundbreaking.

“This project, approved by Mayor (Ravi) Bhalla and the city council before I joined the council, is happily showing signs of life,” he said.

“Opportunistic litigation initiated by the Hilton’s neighbors followed by the COVID pandemic have been a one-two punch that slowed progress on this much-needed project that will generate significant economic activity and municipal tax revenues.”

According to Jersey Digs, the property will feature a second-floor restaurant and bar overlooking 1st Street, plus a 959-square-foot ground-floor retail space fronting Sinatra Drive.

In addition, the top floor of the hotel will have a bar and an event space that includes a nearly 3,000-square-foot outdoor terrace.

There also will be meeting spaces and a ballroom on the 18th and 19th floors.

KMS, which has not commented on the approvals, also is expected to contribute more than $1 million in neighborhood upgrades the area, including sidewalks, landscaping and utilities.

Cohen said it’s a big win for Hoboken.

“When realized, the Hilton project will create a brand-new waterfront hotel on an underutilized property that has heretofore done little more than provide private parking for U.S. post office vehicles and been off-limits to Hoboken residents.”

Related Articles

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a...

NJ Transit to host Industry Day for real estate opportunities

NJ Transit announced that it will host Industry Day, an open house networking event on April 21, for real estate developers, commercial real estate...

Farias named executive director and CEO of NJ Redevelopment Authority, succeeding Anderson

The New Jersey Redevelopment Authority (NJRA) board voted on March 16 to appoint Rose Farias as NJRA executive director and chief executive officer, effective...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...

ROI-NJ: Women of Inspiration – Dina Opici, president, Opici Family Distributing

A family tradition When Dina Opici enters the building and heads for her office at Opici Wines & Spirits in Glen Rock, New Jersey, she represents the fourth generation of the...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care...

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...