HomeReal Estate & DevelopmentHoboken acquires 5-acre Union Dry Dock for public waterfront park

Hoboken acquires 5-acre Union Dry Dock for public waterfront park

Hoboken Mayor Ravi Bhalla on Wednesday announced that the city officially acquired the 5-acre Union Dry Dock waterfront property.

The acquisition means Hoboken can now move forward with plans to develop a park at the site and connect the final piece of an entirely publicly accessible waterfront that has eluded Hoboken for decades.

“Make no mistake about it, the Union Dry Dock property is now in the hands of the city of Hoboken,” Bhalla said. “This is truly a historic day for our residents, and I’m beyond thrilled that the entirety of our waterfront is now in our control and that we can once and for all plan for public open space and connect our treasured waterfront. This day couldn’t have happened without the steadfast support of our many residents and advocates, including the Fund for a Better Waterfront, who made their voices heard loud and clear that Hoboken deserves nothing less than a waterfront park. I look forward to working with our community on a design our residents can be proud of in the coming months.”

The acquisition was done in accordance with the condemnation process, which allows the city to move forward with acquiring the unused waterfront property for the purpose of a public park.

With control of the Union Dry Dock property, the Bhalla administration will initiate a public planning process to determine the public amenities and features that will be located within the waterfront park. The administration on Wednesday also released a Request for Proposals to solicit professional design firms to present options for the design of a public park at the property. The firm will be tasked with working with the administration and conducting a robust public process that will solicit community input from residents, similar to Hoboken’s other open space projects.

Pursuant to a Hudson County judge’s order, the city deposited the appraised amount of the Union Dry Dock property, $13.36 million, into court. The city also recorded a Declaration of Taking with the Hudson County Register. Through these actions, the city has effectively acquired title and ownership of the property.

New York Waterway will continue to temporarily occupy the property with the support of the administration, as the city and NY Waterway are working to finalize a temporary lease agreement at the Union Dry Dock property. The lease will assist in the docking of a portion of NY Waterway’s fleet while it redevelops and expands its current ferry operations at an alternate location.

“The fact that the city of Hoboken has acquired Union Dry Dock is an historic turn of events,” Ron Hine, executive director of the Fund for a Better Waterfront, said. “This site, inaccessible to the public for more than a century, will add more than 3 acres to Hoboken’s waterfront park and complete one of the final missing gaps in a continuous park at the water’s edge first proposed by FBW in 1990. Kudos to Mayor Bhalla and his administration, and all the many community advocates who helped make this happen.”

Related Articles

Somerset lease renewed by state electrical contractor association 

The New Jersey Independent Electrical Contractors Association (NJIEC) has renewed its lease on a 5,000-square-foot space at 20 Worlds Fair Drive in Somerset. Sheldon Gross...

Division of Gaming Enforcement announces February gaming revenue results

Total gaming revenue for casinos, racetracks, and their partners posted an increase in February. Internet gaming wins for casinos climbed while sports wagering gross...

Cushman & Wakefield arranges $56M construction loan for industrial development in Rahway

Cushman & Wakefield on March 16 announced that it has arranged a $56 million construction loan on behalf of Sagard Real Estate and Woodmont...

Mercury Public Affairs promotes Melli to partner

Mercury Public Affairs announced March 16 that Juan Melli has been promoted to partner in the firm's New Jersey office. Melli joined Mercury's New Jersey...

Resource Realty of Northern New Jersey wraps up 3 industrial leases in Morris County  

Resource Realty of Northern New Jersey has completed three industrial-leasing transactions along the Interstate-80 corridor in western Morris County. The leases account for 15,496 square...

Bills addressing energy demand from AI data centers clear committee

The Senate Environment and Energy Committee advanced two pieces of legislation sponsored by state Sen. Bob Smith that will address rising energy demand from...

Latest Articles

Somerset lease renewed by state electrical contractor association 

The New Jersey Independent Electrical Contractors Association (NJIEC) has renewed its lease on a 5,000-square-foot space at 20 Worlds Fair Drive in Somerset. Sheldon Gross...

CoreWeave selected by Cline as inference provider

Livingston-based CoreWeave, Inc., the Essential Cloud for AI, announced that Cline, the Open and Secure Coding Agent, will integrate CoreWeave’s W&B Inference directly into...

Verisk study: AI image edits are accelerating digital insurance claims fraud

AI-powered photo and document editing tools are making insurance fraud easier to commit and harder to detect, according to new research commissioned by Verisk. The...

Haven Savings Bank president and CEO Franconeri elected to NJBankers board

Hoboken-based Haven Savings Bank, which provides retail and commercial banking services to customers in Bergen, Union, Hudson, Morris, Passaic and Essex counties, announced that...

NJMEP awarded new five-year contract from NIST’s Hollings MEP program

The New Jersey Manufacturing Extension Program, Inc. (NJMEP) has been awarded a new five-year cooperative agreement from the National Institute of Standards and Technology’s...

Tickets on sale for 2026 Mizuho Americas Open at Mountain Ridge

Tickets are now on sale for the fourth annual Mizuho Americas Open, the LPGA Tour event that will move to Mountain Ridge Country Club...

Latest Articles

Somerset lease renewed by state electrical contractor association 

The New Jersey Independent Electrical Contractors Association (NJIEC) has renewed its lease on a 5,000-square-foot space at 20 Worlds Fair Drive in Somerset. Sheldon Gross...

CoreWeave selected by Cline as inference provider

Livingston-based CoreWeave, Inc., the Essential Cloud for AI, announced that Cline, the Open and Secure Coding Agent, will integrate CoreWeave’s W&B Inference directly into...

Verisk study: AI image edits are accelerating digital insurance claims fraud

AI-powered photo and document editing tools are making insurance fraud easier to commit and harder to detect, according to new research commissioned by Verisk. The...

Haven Savings Bank president and CEO Franconeri elected to NJBankers board

Hoboken-based Haven Savings Bank, which provides retail and commercial banking services to customers in Bergen, Union, Hudson, Morris, Passaic and Essex counties, announced that...

NJMEP awarded new five-year contract from NIST’s Hollings MEP program

The New Jersey Manufacturing Extension Program, Inc. (NJMEP) has been awarded a new five-year cooperative agreement from the National Institute of Standards and Technology’s...