Mayor Ravi S. Bhalla and the City of Hoboken today announced a new Redevelopment Agreement advancing a North End redevelopment project at 1417 Adams St. that will include a total of 26 affordable housing units, five workforce housing units, recreational amenities, and neighborhood-serving commercial space. The mixed-used project by Advance at Hoboken LLC was formally authorized by the Hoboken City Council on Sept. 17. The project ends years of litigation over 14 affordable housing units at The Harlow, located at 1330 Willow Ave., which has led to a delay in the affordable units being available to the community.
“This project represents a major step forward in Hoboken’s commitment to ensuring that development is equitable and serves all segments of our community,” said Mayor Bhalla. “By unlocking these long-delayed affordable housing units and securing additional workforce housing opportunities, we’re delivering on our promise to provide homes that are accessible to working families, seniors, and essential workers. This agreement demonstrates how thoughtful planning, and collaboration can deliver meaningful community benefits while ending years of costly litigation. I thank the City Council for supporting this effort and look forward to seeing the project move forward.”
The redevelopment project is the result of a Settlement Agreement between the City and site owner Advance at Hoboken, LLC, resolving previous legal disputes over affordable housing at the Harlow at 1330 Willow Ave. in Hoboken’s North End Rehabilitation Area, which was formally adopted by the City Council in 2021.
Specifically, the Adams Street project will consist of a nine-story, 117-unit, mixed-use building comprised of 26 affordable housing units, including: 14 units originally required at the Harlow development, 12 affordable units in accordance with Hoboken’s 10 percent inclusionary zoning law, and five workforce housing units reserved for Hoboken residents earning up to 120 percent of the area median income.
In addition to the affordable and workforce housing, the new building will also include approximately 10,000 square feet of commercial space which will be used as a privately operated pickleball facility featuring indoor courts and related amenities on the rooftop, as well as nearly 4,000 square feet of commercial or restaurant space located on the first and mezzanine floors at the corner of 15th and Adams Streets.
The project will also include bicycle storage for 117 bikes, a green roof, and underground stormwater detention to manage rainfall.
For more information on the project, go to CLICK HERE.
