Analysis: Economic impact the major upside in Washington Street overhaul
Hoboken’s plan to upgrade Washington Street is a hot topic. The City’s earlier final design announcement led to well over 100 comments, much of it heated on what should or should not be done.
The layers of improvements not ground up but below ground seemed lost with individual focus on one aspect or another of the City’s proposed design. Funding will come from a variety of sources: federal, state and private to leverage the final redesign.
The Washington Street redesign will require six votes in the City Council as an unknown amount of funds will come from Hoboken itself. (MSV will update with the breakdown when possible.) The last attempt to upgrade Washington Street in 2012 was defeated when the Old Guard council: Michael Russo, Theresa Castellano, Timmy Occhipinti and Beth Mason refused to offer one vote among themselves to see passage.
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| City Hall is finalizing a proposed plan to overhaul Washington Street. A detailed plan will require approval from six of nine members of the City Council. |
With the vote on upgrading Washington Street ahead, there’s a plethora of details to evaluate. A new website Gotham & Hudson focusing on development and urbanism outlined the proposed changes on Washington Street.
The article notes the combined financial backing stating the proposed improvements are expected to cost $14 million, taking about 12 months to complete and Hoboken will coordinate the upgrades with “utility upgrades already planned by PSE&G and United Water.”
The economic impact is directly addressed in the article concluding:
The complete article is available at the link:
http://gothamhudson.com/revealed-complete-streets-redesign-for-hobokens-washington-street/
Talking Ed Note: The comprehensive economic impact to Hobokens’s main economic thoroughfare has to be a focus in any final vote on the plan.
Washington Street upgrades will need 12 months to complete but approval in the City Council is required first.
