A developer has been given approval to begin building a transit village that is expected to include more than 600 living units, a River Line rail stop, restaurants and stores. The township's planning board has given developer Jeffrey Albert final approval to move forward with the first phase of the Bordentown Waterfront Community, which will create a "gateway" to Bordentown in the southernmost portion of the township. When granted by the state, transit village status brings developers funding, technical assistance, eligibility for larger grants and other help.
The Phase I construction that was approved Dec. 15 will include 162 apartments in four buildings, along with a pool and a clubhouse; 21,632 square feet of retail space in three buildings; 169 parking spaces; and a 62-apartment building for people 62 and older that will be owned and run by Lutheran Social Ministries of New Jersey.
The decision comes amid continuing talks in several other communities about creating transit villages. When granted by the state, transit village status brings developers funding, technical assistance, eligibility for larger grants and other help.
Preliminary approval has been granted for an office tower in what is envisioned as a "transit hub" community around the Trenton Transit Center, and the Mercer County Improvement Authority plans to redevelop seven acres on Route 129, also in Trenton, with the Hamilton Avenue River Line stop as a hub. West Windsor has approved a redevelopment plan that will allow a transit village, including 350 homes. And in April, Hamilton gave developer Columbia Group at Hamilton permission to build 636 housing units near the township's train station.
Andrew Carten, Trenton's planning director, said the state's new Urban Transit Hub Tax Credit Program, which affects Trenton and eight other municipalities with major train stations, will make building around those railroad hubs financially desirable.
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