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Thread: Delaware RiverLine Corridor - Redevelopment & Photos

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    Default Delaware RiverLine Corridor - Redevelopment & Photos



    Frequency : Every 15 mins during Peak hours & Every 20-30mins off peak
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    Stations : 20 / 1 Under Construction / 15 Planned
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    NJT RiverLINE at Riverside by Nexis4Jersey09, on Flickr


    Northbound Riverline train approaching Riverside by Nexis4Jersey09, on Flickr


    Riverside-Delanco Bridge and RiverLINE Light Rail Bridge over the Rancocas Creek, Burlington County, New Jersey by jag9889, on Flickr


    BRIDGE K568: RIVER LINE Light Rail Bridge over the Blacks Creek, Bordentown, New Jersey by jag9889, on Flickr


    20071208_DSC_0858_RAW_DxO by Schaffner, on Flickr


    20071208_DSC_0883_RAW_DxO by Schaffner, on Flickr

    Last edited by Nexis4Jersey; March 21st, 2013 at 06:04 PM.

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    Bordentown Township development expected to generate $9 million in first phase


    BORDENTOWN TOWNSHIP — Capital improvements, community programs and home improvement grants are among the benefits that could be reaped from the revenue generated by the first phase of the planned Bordentown Waterfront Community.
    The 98-acre mixed-use project planned for a redevelopment zone along the Delaware River is expected to bring in more than $90 million over three decades, according to Township Committeeman Michael Dauber, who said he wants it to benefit taxpayers.
    “It’s a lot of extra money coming into the township that we can do a lot of great things, without having to burden the taxpayer,” Dauber said after Monday’s meeting.
    Dauber shared with the committee a preliminary spending plan for the funds that will be generated from the first phase of the 30-year payment-in-lieu-of-taxes, or PILOT, agreement between the developer and municipality. Under the arrangement, the township would use bonds to cover tax-exempt infrastructure costs, and the developer would pay annual service charges that would escalate by an estimated 3 percent each year. The first phase is expected to fetch $9 million, according to Dauber.
    He is proposing that, after debt service is paid, 60 percent of the revenue from the annual service charges would go toward capital improvements to sidewalks, roads, equipment and parks; 5 percent would fund recreation, community and assistance programs; and 35 percent would be earmarked for a Bordentown Improvement Grant program for homeowners.
    Taxpayers would be eligible to receive grants of as much as $500 for capital home improvements and up to $250 for energy-efficient upgrades and landscaping, and for emergency equipment such as sump pumps and portable generators.
    “We can (make improvements) without having to incur further debt. If we had to raise $9 million in debt, everybody has to pay,” Dauber said.
    No action was taken at the meeting. Dauber said he expects the plan will have to be formalized in an ordinance before it goes forward.
    When completed, the Bordentown Waterfront Community would consist of 650 residential units, 31,000 square feet of retail space, a River Line stop, and public facilities such as walkways, a park and fishing pier. The site formerly housed a ship salvage facility.
    Developer Robert Dale, a principal with Bordentown Waterfront Community LLC, said Monday that the first phase is expected to start in about two months.
    The Township Committee in December approved a $12.5 million bonding plan to help fund a waterfront development as well as an agreement in which the municipality will authorize up to $22 million in bonds for infrastructure improvements throughout the $300 million multi-phase project.
    http://www.phillyburbs.com/my_town/b...77fea0a28.html

    Site Plan... < http://policy.rutgers.edu/vtc/tod/ne...n_%2011x17.pdf

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    Trenton planning board has big plans for old Roebling Steel complex


    A file photo of Mercer County Executive Brian Hughes standing with a Roebling Steel bulding behind him that HHG will develop in Trenton
    Cie Stroud/For The Times

    TRENTON — The planning board has approved a major redevelopment plan for a former Roebling Steel complex, giving the green light to an ambitious mixed-use lofts project its developers say could breathe new life into Trenton and bring back some of the middle class who have left the city.
    “This is, in my opinion, the most important development project I’ve seen on this board,” planning board member Jeffrey Halpern said at the Thursday meeting.
    The board unanimously awarded preliminary and final site plan approval to the $58 million phase one of HHG’s Wirerope Lofts project, which would build 190 rental lofts, 27,000 square feet of retail and restaurant space and a piazza-style public space, designed to create a hip new block marketed primarily to 20- and 30-somethings.
    Phase two, which received preliminary site plan approval, would include the construction of another 86,000-square-foot building for creative office space.
    HHG Development Associates, a collaboration between Trenton residents John Hatch, David Henderson and Michael Goldstein, was appointed the developer of the so-called Block 3 site by the Mercer County Improvement Authority last year.
    The 7-acre site, bound by Route 129, Elmer Street, Hamilton Avenue and Clark Street, includes four former John A. Roebling Son’s Company buildings that will be rehabilitated and turned into mixed-use spaces combining first-floor restaurants and shops with lofts on top. An additional building consisting of 23 lofts and restaurant/retail space will be built from the ground up.
    The developers have said they envision turning the long-vacant Roebling complex into a lively, walkable neighborhood, steps away from the Hamilton Avenue Riverline train stop.
    One and two-bedroom rental lofts with soaring ceilings and windows would rent for $1,200 to upwards of $2,000 and a public mill yard modeled after the Piazza at Schmidts in Philadelphia could provide space for outdoor dining and art installations or host public events like Trenton’s popular Art All Night, Henderson and Hatch told the planning board.
    Board members questioned whether 274 parking spaces would be enough for all the loft occupants and asked why HHG was coming before the board now for preliminary and final approvals.
    Henderson said the project needs planning board approval to qualify for the highly competitive tax credits HHG is applying for.
    The firm is looking to secure both state Urban Transit Hub Tax Credits and federal historic tax credits to finance the bulk of the costly project. HHG hopes to break ground on the first portion of construction by next fall, with the goal of finishing 138 apartments in the next two years.

    http://www.nj.com/mercer/index.ssf/2...d_has_big.html

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    any updates when Pennsauken transfer will open?

    http://www.youtube.com/watch?feature...s77g3UpwY#t=0s

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    Quote Originally Posted by EastMillinocket View Post
    any updates when Pennsauken transfer will open?

    http://www.youtube.com/watch?feature...s77g3UpwY#t=0s
    By June or July hopefully...
    Last edited by Nexis4Jersey; March 21st, 2013 at 07:10 PM.

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    60-unit condo plan under consideration in Burlington City


    By Jeannie O’Sullivan
    Staff writer
    BURLINGTON CITY — A plan for a 60-unit condominium development in the Yorkshire neighborhood has raised concerns about density, parking and environmental impact.
    After several hours of public discussion following a presentation by Westrum Development Co. of Fort Washington, Pa., the Land Use Board on Wednesday tabled a vote on the developer’s application for site-plan approval with variances.
    The proposed development, Tatham Mews, entails 58 stacked two- and three-bedroom condominiums; a detached duplex, each unit with a garage; and a public walking trail on 2.7 acres, a former industrial site on Tatham Street between Broad and Union. The plan also calls for making Tatham Street one way.
    The developer is seeking use variances because the plan exceeds the city master plan’s per-acre density limits and does not meet the minimum frontage requirements, and because the duplex is not permitted in that zone.
    Darlene Jay, a certified planner representing Westrum, explained the reasoning for the use-variance requests and said the proposal is well-suited to the location.
    “It will not intrude on light, air and open space,” Jay said during testimony before the board that also included engineers’ renderings of the proposed development.
    The Land Use Board continued the hearing to Aug. 24 and requested that the developer prepare more detailed reports addressing several issues that surfaced during the meeting, which stretched to 11:30 p.m.
    The board also urged Westrum to resume discussions with surrounding landowners about purchasing their properties to comply with the city’s minimum 5.5-acre requirement for the proposal. Westrum was successful in purchasing a portion but not all of the properties within the redevelopment zone.
    “I really want to know how it’s going to impact the community — the traffic, the runoff, the water and sewer systems — and how it’s going to impact parking,” board member David Tishler said.
    The topic of parking dominated the lengthy public discussion about the plan, which also drew concerns about its positioning on a flood plain and on the former site of a foundry in a historic neighborhood with aging infrastructure.
    The proposal includes 141 parking spaces for the condominium residents, but would consume a gravel lot that provides about 30 parking spaces and is frequently heaped with plowed snow during winter.


    http://www.phillyburbs.com/news/loca...78e0b6bdf.html

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    Housing complex moves forward in Delanco

    By Kristen Coppock Staff writer
    DELANCO — A local developer has revived a dormant plan to build a large housing complex adjacent to the River Line train station.
    Construction on the 161-unit plan by J.S. Hovnanian & Sons could begin before year’s end.
    The Mount Laurel developer received preliminary approval from the Joint Land Use Board in 2008. The proposal was granted final approval earlier this month.
    Developer Peter Hovnanian said his company chose to hold the project, after its preliminary approval, because of the tough economic and housing market conditions.
    “We have just gone through a very challenging recession nationally. The housing industry ran parallel to that,” he said. “We felt that it made sense to wait until the market showed signs of recovery.”
    Hovnanian said he now has an optimistic view of the housing market.
    Known as The Crossing at Delanco, the development will consist of 62 single-family homes, 50 townhouses and 24 affordable-rate units. The single-family homes will be a mix of detached and twin structures, Hovnanian said. The townhouses will have three or four attached units. The market-rate and affordable homes will be grouped separately.
    The project also will feature a village green with a gazebo, play area, benches and picnic facilities, according to the application filed by Hovbros Coopertown Road LLC, a subsidiary of the developer.
    Given preliminary approval as a mixed-use development, the complex on Coopertown Road will be built on a former horse farm without a previously proposed commercial element. A 5,000-square-foot office building was not part of the application for final approval, but may be presented to the board in the future.
    Hovnanian described the project as a “transit village” designed with pedestrians in mind and with access to the train station. It will be bordered by the Rancocas Creek and the Newton’s Landing community.
    Township Committeewoman Marlene Jass, whose Newton’s Landing home shares a border with the Hovnanian property, said she thinks the project is a worthwhile use of the land. She said the townhouses and access to the River Line address the town’s needs.
    “I look forward to this project being built,” Jass said. “People are looking to downsize. Young people are no longer looking to invest in large homes.”
    Park trails along the creek eventually will be extended through The Crossing at Delanco to reach the train station, offering more pedestrian opportunities, Jass said.
    http://www.phillyburbs.com/my_town/r...e2d9f3276.html

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    Excellent. Keep up the good work!

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    North Jersey developer plans to transform Beverly

    BEVERLY — When Hoboken native Frank Raia looks at Beverly, he sees his hometown 40 years ago. There’s potential in there, and he’s the developer determined to maximize it.



    “It has a waterfront. It has a light rail already. It took (Hoboken) years. Years. (But) it’s already here,” Raia, who has been transforming distressed real estate for more than three decades, says of the city’s pluses. “When people come into Beverly, they’re going to hit their car brakes and say, ‘What’s going on here?’ And it’s about time.”
    The developer, who built the 25-unit senior apartment complex Beverly Commons on Third Street in 2008, intends to revitalize the city’s business district. He’s purchased several properties near a key intersection — an area known as five points, where Cooper, Warren and Bridge streets converge. Formerly home to a bank, a restaurant, barber shop and other businesses that have closed or relocated, the area’s biggest current attraction is a liquor store.
    “Vacant buildings and boarded-up buildings don’t help anybody,” said Raia, a two-time Hoboken mayoral candidate.
    Raia’s vision includes affordable homes, retail and office space in the intersection, which is a redevelopment zone.
    The centerpiece of his vision is a former Masonic temple on Cooper Street, a three-story landmark near Perkins Road. The structure is home to available ground-floor retail and office space, and seven one- and two- bedroom apartments with loft ceilings and hardwood floors. The “gorgeous” units will fetch $850 to $1,000 a month in rent, a steal compared to North Jersey real estate prices.
    “In Hoboken, I sell the same exact unit for three quarters of a million to a million dollars,” said Raia, adding that the apartments will be ready for occupancy within a week or so.
    That’s just the beginning of his local portfolio. There’s also the building next door to the former temple on Cooper Street, which previously was occupied by a bank; two adjacent properties across the street, a three-story house that went into foreclosure and the former Cuff–n-Key social club; and a lot on Perkins Street.
    Raia is hoping to woo a mix of residents and merchants, including a drugstore.
    “I want to buy up as much property as I can for my master plan — creating jobs and creating more housing. What I call premiere housing at an affordable price,” said Raia.
    http://www.phillyburbs.com/news/loca....html?mode=jqm

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    Pennsuaken transit center

    Pennsauken Transit Center by fotophotow, on Flickr

    IMG_0596 by RunnningWithScalpels, on Flickr

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