Thursday, June 29, 2006

Age-Restricted For East Hanover Redevelopment Site

From the Star Ledger:

Varityper project moves forward in East Hanover
BY LAURA JOHNSTON

A plan calling for the construction of up to 200 homes and retail space on the former Varityper site will be presented to the East Hanover council, likely in August.

The Varityper Redevelopment Plan -- the first since a proposal for a supermarket and senior housing was voted down in 2004 -- calls for 200 residential units, rather than 350; a maximum of 100,000 square feet of retail space, rather than 165,000 and 300 feet of buffer between the multi-family homes and the homes on Timber Hill Drive, instead of 100.
...
The 37-acre redevelopment zone on Mount Pleasant Avenue, next to Hanover Park High School, would include an adult community of townhomes and multi-family homes, with an option for single-family detached homes.

It may still include a full-service grocery store and specialty retail stores.
...
Two years ago, the township council considered allowing a Wegmans supermarket and a gated age-restricted community on the land. But after the East Hanover Concerned Citizens Committee opposed the plan, and residents argued it would exacerbate traffic congestion at the Route 10-Mount Pleasant area, the council voted unanimously against it.

Still, residents aren't thrilled with the idea of commercial and multi-family development on the site, where Tuesday evening Canada geese munched on unkempt grass in front of empty windows. The building, once used to manufacture typing equipment, has been vacant for more than a dozen years.

6 Comments:

Anonymous Anonymous said...

Just make it an over 55 community
and be done with it. thats all
nj is going to be left with.

young people, why would you stay
here. except ,,"its close to the
city"

or you could buy a condo in
jersey city,hobo town, or perhaps
bayonne.

6/29/2006 07:06:00 AM  
Blogger grim said...

Great idea, at that point we'll have no need for schools!

You know what that means? More luxury condo conversions!

:)

grim

6/29/2006 08:24:00 AM  
Anonymous Anonymous said...

What happened to long term planning?

6/29/2006 09:39:00 AM  
Blogger chicagofinance said...

FISCALLY FIT
By TERRI CULLEN
Wall Street Journal Online

[edited]

Last week I asked readers to let me know which topics they'd like to see covered in Fit. Look for some of your suggestions in future weeks. (As always, letters have been edited.)

We are a family of savers and we shun instant gratifications that must be obtained by borrowing and spending future earnings (except mortgages, of course). Needless to say, we've stashed a nice pile of cash for our future. But we've found that this fiscal behavior is far from typical. In fact, nearly everyone we know has a McMansion stuffed with gizmos. We don't discuss personal finances with others so I don't know their financial circumstances, but I know that they can't be good.

How can those of us who have saved protect our savings from those that have been very fiscally irresponsible? It feels like we're a little boat sailing next to a massive sinking ship. And you know what happens when the big ship goes down -- it sucks everything nearby down with it.

-- Brent Calhoon

6/29/2006 09:46:00 AM  
Anonymous Anonymous said...

Brent is my alter-ego.

Pat

6/29/2006 10:57:00 AM  
Anonymous Anonymous said...

Traffic is already a nightmare at that intersection and this will just make it worse.

RML

6/29/2006 12:49:00 PM  

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