A developer’s plan to construct a five-story development near the Hudson-Bergen Light Rail could potentially be approved during a virtual meeting this week.
The Bayonne Planning Board is scheduled to hear a proposal for 117-121 Prospect Avenue near East 25th Street during a Zoom meeting this Tuesday, July 14 at 6:00 p.m. A company called TFG 117-121 Prospect Urban Renewal, LLC is proposing a project with 44 residential units, according to the meeting agenda.
This proposal calls for the new building to be close to 82 feet tall and contain 46 parking spots, at least some of which would be stacked mechanical spaces. The developer is requesting “a bulk variance and/or design exception from the Redevelopment Plan because the proposed building will not achieve a LEED Silver rating or greater,” according to a notice.
Renderings posted in a Dropbox folder for the meeting show that Hoboken-based Minervini Vandermark Melia Kelly is the project’s architecture firm. A June 30 letter from Malvika Apte of CME Associates to the Bayonne Planning Board that was included in the folder said that there would be eight studios, eight one-bedroom units, 12 one-bedroom units with dens, 12 two-bedroom units, and four three-bedroom units.
A “partial mezzanine story” would include “1,594 square feet of club room as well as 725 square feet of gym roof,” according to Apte’s letter.
The development site is located a few blocks north of the 22nd Street light rail station. Signage in front indicates that the existing two-story warehouse on the premises has been home to Orien Textile Corp., Barras International, and Jackmen Properties.
State business filings show that TFG 117-121 Prospect Urban Renewal, LLC was incorporated in 2018 out of Teaneck. Another company registered out of Teaneck that contains “TFG” in its name proposed a 40-unit development at 39-43 West 25th Street in Bayonne last year, while a financial agreement ordinance from earlier this year referenced a separate 12-unit development involving TFG 115-117 W 2nd Street Urban Renewal, LLC.
The news of this development proposal comes as Bayonne’s municipal government moves forward with plans to replace the East 25th Street pedestrian bridge, which is located just steps away from 117-121 Prospect Avenue.
An ordinance from March mentioned that the City of Bayonne was planning to vacate part of its right-of-way on East 25th Street near the bridge at the request of the owners of 117-121 Prospect Avenue, adding that the municipality “is receiving a contribution for the pedestrian bridge improvements of approximately $250,000” in exchange for the land transfer.
Note to readers: The dates that applications are scheduled to be heard by the Bayonne Planning Board and other commissions are subject to change.