Friday, July 14, 2006

Edison Seeks Control Of Ford Site Redevelopment

From the Star Ledger:

Edison wants leverage on former Ford plant

Looking to control the largest redevelopment site in Edison, the township council has authorized the planning board to study whether the former Ford assembly plant on Route 1 can be designated an area in need of redevelopment.

If the move is approved, the council would become the redevelopment authority, with the final say on any zoning or planning changes for the site.
The redevelopment of the Ford site -- the centerpiece in Edison's plans to revitalize its portion of the Route 1 corridor -- has been delayed by various factors.

Residents and council members sent Hartz back to the drawing board in January, loudly denouncing the vision for the site that the developer revealed.

The plans called for 275 age-restricted condominiums, a 150-room hotel, an office building and a "town square" that would encom pass a movie theater, shops, and restaurants. Bookending the property would be two big-box retail stores. Less than 3 percent of the 98-acre property would be set aside for township use.


Anonymous Anonymous said...

More age restrictive.

NJ is a state that does not get it.

It's trendy,but not good for the
long run.

Grim, was right yesterday. What
happens to all the houses that
are sold my the people moving
into the age restrictive.

They all can't sell for 400-700K.

7/14/2006 06:09:00 AM  
Blogger grim said...

Didn't you hear? All the seniors want to retire in New Jersey, it's the new Florida.


7/14/2006 06:25:00 AM  
Blogger Richie said...

Yes, and all imigrants want to move to NJ.

We have the highest paying jobs.

7/14/2006 07:15:00 AM  
Anonymous Anonymous said...

I think many seniors are in for
a shock as they try to stay in

The costs are just to much for
many, and they don't know it yet.

7/14/2006 08:06:00 AM  
Anonymous Anonymous said...

many of these over 55 places are
dumps . Construction is crap, and
they are so overpriced.

Then add the taxes on,

7/14/2006 08:07:00 AM  
Blogger skep-tic said...

great idea-- fill the state with seniors sucking up state medicare dollars while all of the people who pay income tax flee

7/14/2006 08:33:00 AM  
Blogger patient homebuyer said...

i bet alot of these "over 55" spots after sluggish sales open up their doors to a younger crowd

7/14/2006 08:34:00 AM  
Blogger patient homebuyer said...

just out of curiosity can anyone give me am assesment of what it is like to live in edison.

taxes, commute to nyc, crime, etc

7/14/2006 08:35:00 AM  
Blogger skep-tic said...

"i bet alot of these "over 55" spots after sluggish sales open up their doors to a younger crowd"

I don't think they can. people buy into these communities subject to negative covenants. they can sue to enjoin the developer from selling to under 55 yr olds. People who move into these communities love the rules and have nothing better to do than to take the developer to court

7/14/2006 08:46:00 AM  
Anonymous Anonymous said...

How about Hovanian in the Clifton
development. They want you to
only go thru the sales agents to see the joint.

They are trying to hold it out
as exclusive. Clifton?

400-700K or better.

I don't think so.

And Traffic, thats another subject.

7/14/2006 09:17:00 AM  
Anonymous Anonymous said...

patient homebuyer,

Taxes - Edison reasonable for NJ because of commercial & office space

Commute to NYC - Very good, as Metro Park station is right in Edison (but VERY crowded)

Crime - Higher than average in NJ

Schools - Below average

Also, Edison is VERY crowded (towns that far south of NNJ ought not to be that crowded).


7/15/2006 03:46:00 PM  

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