Tuesday, October 8, 2013

Mayor Zimmer Announces the Acquisition for the Largest Parcel in the SW Park Development.

Community: City of Hoboken Acquires Property For Southwest Park

The City of Hoboken has acquired a nearly one acre property as the first major installment of a new Southwest Park.

"I fought for a long time for a Southwest Park, and I’m excited to announce that we now own an acre of property for the first part of a larger park that we will expand through the redevelopment process," said Mayor Dawn Zimmer. "I look forward to immediately kicking off the planning process so we can design and build the first phase of this much-deserved park that reflects the community's vision for this neighborhood. I thank County Executive DeGise, Freeholder Romano, and the Hudson County Freeholders for their funding support of this project."

As part of a comprehensive resiliency and readiness strategy to protect the neighborhood from flooding, the City has received a $500,000 technical assistance grant to incorporate sustainable flood mitigation strategies, including underground water detention systems, into a new Southwest Park.

The City has hired Starr Whitehouse, a landscape architecture and planning firm with expertise in parks design and green infrastructure for stormwater management, to lead the planning process for the Southwest Park. Community meetings will be announced shortly. Residents are invited to complete a survey available online at www.hobokennj.org/swpark.

“This is a great day for so many friends and neighbors, past and present, who have long advocated for a park in our Southwest neighborhood,” added Councilman David Mello, Chair of the Community Development committee. “This initial acquisition will serve as a cornerstone of a larger Southwest Park. The Mayor and I have both worked hard to begin realizing the dream of a Southwest Park, and this open space purchase should serve as the first of many western Hoboken land acquisitions.”

Today, the transfer of title was completed for Block 12, a property bounded by Jackson Street, Observer Highway, Harrison Street, and Paterson Avenue. The Southwest Area has been designated an Area in Need of Rehabilitation, and the City intends to substantially expand the park through the Rehabilitation process.

Funding to purchase the property was provided from a $3 million Hudson County Open Space grant. Although the City has deposited its offer amount of $2.937 million with the court, the final value will be established by an independent three-member commission appointed by a State Superior Court judge.

Provided by Donna Antonucci
Prudential Castle Point Realty