New details were unveiled Wednesday for plans to transform the area around Hoboken Terminal, including a proposed 635,000-square-foot office tower and nearly 400 apartments alongside open space, infrastructure upgrades and a renovation of the historic transit hub.
New York-based LCOR, together with its project partners, New Jersey Transit and the city of Hoboken, presented elements and imagery of the redevelopment, Hoboken Connect, a mixed-use transit-oriented project aimed at generating significant investment in Hoboken’s waterfront.
The project is currently under review by the city and, pending redevelopment agreement approvals next month, will infuse new energy and offerings into Hoboken’s already-robust cultural landscape through additional commercial, residential, retail and outdoor space offerings.
“Hoboken Connect presents a bold vision to reactivate this vibrant area surrounding the revered Lackawanna terminal in a way that encapsulates the treasured history of the Mile Square City while mirroring the thriving businesses, culture, community, innovation and industry that define Hoboken in the present day,” said Brian Barry, senior vice president at LCOR. “We have undertaken a very systematic approach to this opportunity, including an extensive visioning process to establish the project’s identity, continuous engagement with key community stakeholders and a design process that embodies each of these elements. We look forward to continuing to work in tandem with our project partners to bring this neighborhood asset to fruition and reclaim the waterfront to better serve the city and its residents for generations to come.”
Upon completion, Hoboken Connect will revitalize one of the main gateways to the city through the preservation and activation of key NJ Transit infrastructure and facilities, investment in and redevelopment of city infrastructure and roadways, delivery of new open space, robust resiliency initiatives and the delivery of new, mixed-use development.
Key project elements to include a 20-story, 635,000-square-foot office building with ground-floor retail, a 389-unit residential property (with 20% of those residences deemed affordable), new open space, renovation and activation of NJ Transit assets, historic preservation and investment in the city’s infrastructure.
Situated on the Hoboken waterfront, Hoboken Connect will serve as a mixing space for corporate, creative and innovation studios with a variety of modern food & beverage, hospitality, retail and wellness experiences surrounding the Lackawanna terminal, adding to Hoboken’s already robust neighborhood offerings (inclusive of waterfront parks, 70-plus restaurants, live music venues and gallery space offerings).
With quick access to New York City via multiple modes of transportation, including the NJ Transit bus, PATH, NY Waterway Ferry and close entry to multiple roadways, Hoboken Connect will encompass a space for the community to work, live and play through the diversity of spaces within the overall development plan.