
LCOR’s Hoboken Connect Project Wins Final Approval
LCOR and its project partners NJ Transit (NJT) and the City of Hoboken have received final approval from Hoboken City Council on the Hoboken Connect redevelopment agreement. The state has committed $176 million of public infrastructure funding to NJT.
With construction slated to begin this fall, the project will restore and re-activate NJT’s Lackawanna Terminal and Warrington Plaza, add a bus terminal on Hudson Place, provide affordable housing adjacent to mass transit, deliver a Class A commercial office building in downtown Hoboken and activate open green spaces.
“At the start of planning for Hoboken Connect, we aligned with the city and our partners on our goals for this redevelopment, which included re-activating a historic, treasured gateway to Hoboken while driving economic development opportunities,” said LCOR SVP Brian Barry. “We’re incredibly grateful to the public partners who have played an invaluable role in bringing Hoboken Connect to life.”
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