Monday, August 23, 2010

Zoning law seen as boon to development in Jersey City

A dilapidated industrial area in Downtown Jersey City could betransformed into a neighborhood resembling Hamilton Park, thanks to a state zoning law.

The area is along Jersey Avenue, between 10th and 18th streets. The law, called Transfer of Development Rights, would allow some developers to build at a higher density while encouraging others to turn their land into open space.

It could also result in the development of parking decks and ground-floor businesses along Montgomery Street.

For the full story, see today's Jersey Journal.

Source: http://www.nj.com/hudson/index.ssf/2010/08/zoning_law_seen_as_boon_to_dev.html

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