A Hoboken City Council meeting will be held on Monday, May 10th at 6PM regarding the proposed redevelopment of 930 Monroe Street, located in the Western Edge Redevelopment Plan area. Monroe Properties, LLC, the Conditionally Designated Redeveloper, will present its development proposal and answer questions from the public.
According to the press release by City Hall, there will be no votes at this meeting, it will be a presentation of the plan. The Council will consider a formal Redevelopment Agreement with Monroe Properties, LLC as well as a proposed Amendment to the Western Edge Redevelopment Plan at a future meeting.
The public is encouraged to attend via Zoom through this link.
Previously, new plans to redevelop a warehouse property at 930 Monroe included the construction of a three-building structure. On January 15th, Hoboken City Council approved a resolution that allows Monroe Properties LLC to redevelop 4.3 acres at 914-930 Monroe. According to Monroe Properties LLC’s current plans, as reported by Jersey Digs, the redevelopment includes the construction of three tiered-style buildings that would feature 65,000 square feet of dry-flood proofed retail space, 500 underground parking spaces, underground detention tanks, rain gardens, 40,000 square feet of outdoor amenities open to the public, a pedestrian connection to the 9th Street Light Rail, and in the northernmost building specifically, 110,000 square feet of office space. Due to the plan’s inclusion of some green features, the buildings would then have to be certified LEED silver.