Developer Touts Redevelopment Plans for Hoboken Railyard

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Hoboken Yard Redevelopment Plan 1
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.

Not only is the Hoboken Terminal complex a hub for passenger trains, PATH subways, local buses, light rail vehicles, and ferry service, but it also sits in an area between Jersey City’s Newport complex and Hoboken’s downtown that has become valuable real estate despite being increasingly prone to flooding. For well over a decade now, plans have been in the works to redevelop part of the property that surrounds the facility, which is one of the New York Metropolitan Area’s busiest multimodal transportation terminals. Now, the developer working with New Jersey Transit has quietly reactivated and expanded an online campaign to spread the word about the 2.3-million-square-foot project.

Hoboken Yard Redevelopment Plan 5
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.

LCOR, which has offices in Manhattan, Maryland, and Pennsylvania, created HobokenTerminalandRailyard.com back in 2012, but recently conducted a complete redesign and updated the website. Although the latest version of the online platform contains few specifics regarding the plans for the redevelopment, it calls for viewers to “Reimagine Hoboken” and features several new renderings highlighting the proposed buildings and public spaces for the residential, retail, and office project. The website shows that there would be multiple residential buildings along the south side of Observer Highway between Marin Boulevard and Park Avenue and several office buildings between Park Avenue and River Street. It also claims that the project could involve the construction of a new bus terminal, create 52,500 jobs, and generate $306 million in new tax revenues.

Hoboken Yard Redevelopment Plan 3
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.
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Just before Memorial Day, LCOR created an Instagram account for the project where the company has shared renderings with approximately 30 followers, one of which promotes a component of the project just north of the terminal’s commuter rail platforms called the “Hudson Place & Roof” with outdoor seating. In addition, the firm has begun posting again on the development’s Facebook account, where it states that “Hoboken Yard has all the ingredients to make it an extraordinary district within the city and region.”

Hoboken Yard Redevelopment Plan 4
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.

The plans to redevelop some of the property surrounding Hoboken Terminal date back to 2005, when LCOR was contracted by NJT to serve as a master planner and to redevelop outlying parts of the property. In the years since, although there has not been any construction, there have been multiple proposals for the site, including a recent one that called for a marketplace to open at Warrington Plaza this year. Back in 2014, the Hoboken City Council voted to approve a redevelopment plan for the entire site, but little progress has been made in the time since.

Hoboken Yard Redevelopment Plan 6
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.
Hoboken Yard Redevelopment Plan 2
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.
Hoboken Yard Redevelopment Plan 7
Hoboken Yard Redevelopment Plan. Rendering via Hoboken Terminal and Railyard Facebook.
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19 COMMENTS

  1. Curious. The article states this is, or has been a controversial plan, but doesn’t go into specifics about the controversy. Was there a scandal on how LCOR got the contract from NJT? Is it because the area floods and there is no plan to have water pumps or other technological safeguards for possible flooding?

    • The controversy started a decade ago when LCOR wanted to build a 70 story high rise building as part of the development. The first plans called for 9 million sq. ft of development. Many people felt that level of density was too high for hoboken. The developer, in their future plans, reduced it to 2.3 – 2.9 million sq. ft.

    • Question will any building on NJT property have to pay local real estate and school taxes ?

      If no the increased burden of City and County services need to support this massive development will drastically increase taxes on those who are already paying some of the highest property taxes in the nation.

      • While LCOR’s own projections are likely pretty optimistic, their website does list the tax benefits for the city and state separately. The city is expected to get $17m annually in local taxes (even half that amount will be a plus for the city).

        • Those tax (sales, income) revenue figures LOCOR listed do not include property or school taxes. Hoboken tax payers would end up paying for the dramaticly increased services that a massive NJT build out would create.
          One should never forget this is all publicity and hype from LOCOR and NJT to get a project that would net the many millions of dollars off the ground. Most of what is on their site is just smoke and mirrors.

  2. Nice! These plans are a vast improvement over the previous proposals. More jobs, more retail in Hoboken. Love it! I also like how it shows Lefrak’s plans for the land south of Hoboken Terminal as well. Now only if the Nimbys in hoboken would go away…

    • Aren’t pretty architectural drawings fun? You can make any project look good with them. Notice how they don’t show the tall hulking buildings that will block views and light for many existing residents and line already crowded Hoboken Streets. Notice too they did not including the massive development already in the works in a few yards away in neighboring Jersey City. Nope let’s focus on a pretty little rooftop terraces that most will never have access to. NJT & LOCOR’s only interest is self interest and their profit. Once they made their money they will walk away and leave Hoboken residents to deal with the aftermath of their plans.

    • This is a private developer’s money… Hoboken is not funding any part of the project. Why say no to a project that improves Hoboken’s infrastructure without utilizing Hoboken taxpayer money.

      • If the sheer bulk of this or any project will end up negatively harming the livability of the residents of Hoboken they have every right and question it being green lighted. The only infrastructure that might be improved is that on NJT property. This project will exponentially add to the infrastructure and traffic problems that already exist in Hoboken.
        A multi-million dollar Federal government grant was given to NJT many years back to fill in the long canal years ago and they have done nothing.

        • The Long Slip canal project is mostly complete and filled. So, that is incorrect…
          Infrastructure improvements to Observer Highway, Hudson Place and Warrington Plaza will never happen without projects like these.

          • There are no amount of improvements that could ever be made to Observer Highway to handle all the added volume and density that these massive building would add to Hoboken.

            As Warrignton Plaza is concerned it is NJT property and protected believe a historical site while it may be nice to have some public access Hoboken taxpayers should not be subsidizing NJT to make it happen.

          • According to NJT’s own status report the Long Slip canal project funded by millions of taxpayer dollars is projected to be completed until late 2022. When it actually gets done is anyone’s guess.

  3. Get out of the way of private development and approve this projec.t

    You lot should worry about fixing Washington Street and closing the T&M and UUC taxpayer money spigot. Why we continue to pay them when they have clearly failed – particularly T&M who are supposed to be supervising UUC – is beyond me.

    Instead of penalizing them $5,000/day, we incentivize their delays.

  4. The vehicular traffic in and out of Hoboken via the existing three narrow passages under the New Jersey Transit tracks (Marin, Grove and Jersey Ave) are already severely gridlocked most of the day and impassable at rush hours. It is truly scary to imagine the consequences of adding all this high density development along the Hoboken border with Jersey City.

  5. There needs to be an overhead bypass over the rail yards to allow these folks passage in and out of Hoboken. Otherwise Marin, Grove and Jersey cannot handle this additional traffic. Hoboken will benefit from having a less unsightly corridor into the city, but some foresight is needed to avoid further gridlock

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