A groundbreaking was held Wednesday for a development project in Hoboken that had been stalled for nearly 15 years. Dubbed 'Hoboken Connect,' the new project promises to transform the area near the city's historic train station. csloantv reports.
Dubbed"Hoboken Connect," the new project promises to transform the area near the city's historic train station, CBS2's Christine Sloan reported.
"This project is going to bring 20 percent affordable housing, which is a new benchmark here in Hoboken," Mayor Ravi Bhalla said. Funding for the project will come from the private sector, as well as the state. Murphy's administration is greenlighting $176 million. "We make that decision year to year and we've been able to do it five times in a row without raising fares. My preference overwhelmingly is to continue in that mode, but I want to do that responsibly," Murphy said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
One Day Left Before Baby Doge Swap Launch, Team ExcitedBaby Doge team says there is only one day before long-awaited Swap launch
Read more »
Hoboken Terminal Project Underway After 17-Year PauseA New Jersey project that has been stalled for 17 years is finally moving forward. The Hoboken Terminal will undergo a transformation now that there is cash in the budget to pay for it. After nearly two decades of delays, $167 million in state funding is making this overhaul possible – with Gov. Phil Murphy calling the project “transformative for…
Read more »
Yankees' Aaron Judge sets new American League record with 62nd home runBREAKING: Aaron Judge hits his 62nd home run of the season, breaking the American League record held by fellow Yankee Roger Maris.
Read more »
Ben Simmons Makes Long-Awaited Nets Debut vs. 76ersAfter missing all of the 2021-22 season due to physical and mental health concerns, Ben Simmons finally returned to action Monday night at Barclays Center
Read more »
Best Hasbro Selfie Series to Make Include Ghostbusters and G.I. JoeICYMI: Want a Hasbro SelfieSeries figure? Want more bang for your buck? Well, we picked the best figures to get with Ghostbusters PowerRangers StarWars and GIJoe
Read more »