ULI: Harrison -- North Jersey's Next Hoboken?

anthonydellapelle 1,162 views 57 slides Sep 17, 2014
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About This Presentation

A historical perspective of the Harrison, New Jersey Waterfront Redevelopment Area, including aerials, photographs and renderings of the area before the project, during construction, at the present time, and what it will look like in the future.


Slide Content

Harrison: Northern New Jersey’s Next Hoboken?
September 17, 2014

Harrison: Northern New Jersey’s Next Hoboken?
September 17, 2014
Thanks to our event sponsors!

Harrison: Northern New Jersey’s Next Hoboken?
1960

Harrison: Northern New Jersey’s Next Hoboken?
c. 1995

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?
C. 2000

Harrison: Northern New Jersey’s Next Hoboken?
Before

Harrison: Northern New Jersey’s Next Hoboken?
Before

Harrison: Northern New Jersey’s Next Hoboken?
Before

Harrison: Northern New Jersey’s Next Hoboken?
Before

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?
The Project’s Historical Perspective
•Mid 1990s – redevelopment study and determination
•2000 – first redevelopment plan and redevelopers
•Preliminary challenges to project are rejected
•9/11/01
•Hotel and Millrose projects
•2005-2006 renewed redevelopment efforts near station
–Acquisitions of Guyon Pipe and commuter parking lots
–Renewed challenges: takings filed in mid-2006
–Construction commences during appeal
•Red Bull Stadium construction
•Harrison v. DeRose, et als, decided 2/25/08
–Stay issued 3/2008
–Settlement reached 9/2008
•Environmental arbitration concludes 2/2010
•Valuation arbitration concludes 3/2011
•October, 2008 financial market turmoil
•Other acquisitions, voluntary and via eminent domain
•2012 plan amendments

Harrison: Northern New Jersey’s Next Hoboken?
Harrison Metrocentre
•35 +/- acres
•Former Pipe
manufacturing
facility
•Across from
Harrison PATH
station
•Zoned Industrial

Harrison: Northern New Jersey’s Next Hoboken?
Harrison Metrocentre

Harrison: Northern New Jersey’s Next Hoboken?
Harrison Metrocentre
•Resolved by “Friendly Condemnation” for $15.8M
•Development yield under Redevelopment Plan:
–700 MFR units, 200,000 sf retail, 650,000 sf office
–Parking structures for users and stadium
•Title cleansed by condemnation
•Purchase included escrow for environmental remediation ($3.5M)
and cost cap environmental insurance
•No litigation
•Matter concluded within 6 months after deal made

Harrison: Northern New Jersey’s Next Hoboken?
During (2012)

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?

Harrison: Northern New Jersey’s Next Hoboken?
Riverbend District – Aerial View 2006

Riverbend District
Site Demolition & Remediation

Riverbend District
Site Demolition & Remediation

Riverbend District
Site Demolition & Remediation

Riverbend District – Aerial View 2009

Riverbend District - 2013

Riverbend District – Site Plan

Riverbend District
Block D
Block E & F

Riverbend District – North of Guyon

Riverbend District
Panasonic Technology Center

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
Harrison Commons

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During
VIEW AT RIVERBEND & FRANK E.
RODGERS BLVD. S.

Harrison: Northern New Jersey’s Next Hoboken?
During
VIEW AT CRUCIBLE DRIVE & FIFTH
STREET

Harrison: Northern New Jersey’s Next Hoboken?
During
CLUB ROOM COURTYARD

Harrison: Northern New Jersey’s Next Hoboken?
During
ROOF TERRACECONCIERGE

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Harrison: Northern New Jersey’s Next Hoboken?
During

Q&A?
Thank you!