TOD Project Profiles: Upcoming
Station / Line: Metropark Station, Northeast Corridor
Total Units: 220-250 apartment homes (approximate)
Affordable Units: 20%
Commercial SF: 150-200,000 SF office 10-80,000 SF medical office, and 10-20,000 SF commercial/retail (approximate)
Developer: DOR Woodbridge, LLC – a joint venture of Russo Development, Onyx Equities, and Dinallo Development LLC/Terminal Construction
The Metropark Development Project will be built in phases, and consist of Class A office and retail spaces; residential, 20% of which will be designated as affordable housing; community amenities; structured parking facilities; and, station-area enhancements, including circulation and access improvements, off-site traffic mitigation improvements, pedestrian and bicycle access upgrades, and renovation of existing station building and parking facilities.
RED BANK STATION
Name: The Centre at Red Bank
Station / Line: Red Bank Station, North Jersey Coast Line
Total Units: To Be Determined
Affordable Units: 20%
Commercial SF: To Be Determined
Developer: Denholtz Properties
This multi-phase, mixed-use project will include residential and retail spaces, as well as structured parking facilities servicing residents, commuters, employees, and visitors. Twenty percent of the apartments will be dedicated as affordable housing, and the development will include beautification of the station area, historic preservation of the Dan O'Hern Train Station, improved circulation and station access, and enhanced social and environmental sustainability, with a new public square and increased tree canopy and green space throughout.
BOUND BROOK STATION
Name: The Meridia Downtown Project
Station / Line: Bound Brook Station, Raritan Valley Line
Total Units: 218 apartment homes
Affordable Units: 10 (20% of the project attributed to NJT property)
Commercial SF: Commercial SF: 3,600 SF retail
Developer: Capodagli Property Company
The proposed Meridia Downtown Project is a mixed-use project, anticipated to include approximately 218 apartment homes and common area amenity space built over ground floor retail and a structured parking facility. The project will be situated on an assemblage of property owned by both NJ TRANSIT and the proposer.