On March 1, a panel representing the City of Hackensack will present the City’s new model for reviatlization at the New Jersey Future Redevelopment Forum. More than 500 attendees are expected at New Jersey Future’s largest event of the year, which will take place in the Hyatt Regency Hotel in downtown New Brunswick.
Steve LoIacono, City Manager of Hackensack, Karen Sasso, Councilwoman, Francis Reiner, PP, LLA, DMR Architechts, and Nancy Kist, Decotiis Fitzpatrick and Cole LLP will present the session, “Creating a New Model for Revitalization in Downtown Hackensack,” which will focus on proven strategies and mechanisms implemented in Hackensack to promote market-driven revitalization of its downtown, without the use of eminent domain.
The same panel will also present at the quarterly meeting of the New Jersey Real Estate Lenders Association on March 21 in Hackensack, discussing how the City has position itself to promote revitalization and redevelopment opportunities in its downtown.
For more information regarding the New Jersey Future Redevelopment Forum, please click here.
Meridia Metro Hackensack Proposes 222 Residential Units
(Hackensack, NJ) – On Thursday, February 7, the City of Hackensack held a meeting of the Pre-Application Review Committee (PACRC) to discuss Capodagli Property Company’s proposal to undertake a project in the State Street Redevelopment zone. This meeting was the first of the PACRC, conceived by the recently adopted Main Street Rehabilitation Plan to expedite applications and reduce development costs by engaging in a dialogue with a developer in the early phases of a proposed project.
This project, referred to as Meridia Metro Hackensack calls for the construction of 222 residential units and is expected to be formally reviewed and considered by the City’s Planning Board within the next 90 days.
“The need to convene this first meeting of the PACRC is further proof that the recently adopted Main Street Rehabilitation Plan was the missing link to our City’s efforts to rehabilitate our once thriving downtown corridor.” stated Stephen LoIacono, City Manager. “By continuing to have these conversations with potential developers at an earlier stage we will see that applications will be expedited more efficiently and development costs will be reduced, both attractive to those considering new investment in Hackensack.”