What to know
- A New Jersey project that has been stopped for 17 years is finally moving forward.
- After nearly two decades of delays, $ 167 million in state funding is making this restructuring possible, with Governor Phil Murphy calling the project “transformative for the entire state of New Jersey.”
- However, the refurb will not be without some changes that will affect the service of ferries, buses and NJ Transit, PATH trains and more.
NEW JERSEY – A New Jersey project that has been stopped for 17 years is finally moving forward.
The Hoboken terminal will have a makeover now that there is cash in the budget to pay for it. After nearly two decades of delays, $ 167 million in state funding is making this restructuring possible, with Governor Phil Murphy calling the project “transformative for the entire state of New Jersey.”
The so-called Hoboken Connect will include the restoration of the railway and ferry terminals, the construction of a new bus terminal and will add retail, housing and office space.
“It will create a space that not only honors the past, but meets the needs of its present, but will position the city for its future,” Murphy said.
However, the refurb will not be without some changes that will affect the service of ferries, buses and NJ Transit, PATH trains and more.
Leaders say they will also make improvements that will make the facility better equipped to tackle climate change. Other aspects will focus on the accessibility and incorporation of affordable housing.
“So it’s huge. Most importantly, commuters who depend on NJ Transit, PATH, NY Waterway, will benefit enormously,” said Congresswoman Annette Chaparro (D-NJ).
All this is happening thanks to the public / private partnership with LCOR.
The developers plan to add a commercial space with sky-high office and retail towers on the ground floor.
“We are thrilled to begin the hard work to achieve this now,” said LCOR’s Brian Barrett.
Hoboken Connect will also stimulate the economy. The construction phase will support 10,000 jobs and when it will be finished. And the entire development will employ more than 15,000 people.
“You can say without error and without hesitation that the best days await us,” Murphy said.
Although Wednesday’s rain affected the planned opening, the governor said this project is moving forward.
