Lack of... Water?
From the Express Times:
Builder to begin homes project
Builder to begin homes project
Developer K. Hovnanian Enterprises had expected to start construction on a 101-home Hunter's Brook complex off Willow Grove Street more than three years ago.
The major homebuilder is now ready to start construction after water was made available from the Hackettstown Municipal Utilities Authority.
The authority had to wait about seven years to get a new well approved, Executive Director Bruce Smith said. Getting a new well is a long process, including well location, drilling, construction and waiting for state approval, he said.
"(K. Hovnanian) knew we didn't have water capacity available at the time," Smith said. "They understood the situation."
Other developments were put on hold by the lack of water, including part of the 700-home Woodfield complex in Mount Olive Township, N.J.
Company spokesman Doug Fenichel said Friday the wait for water was nothing out of the ordinary for the company.
"The long wait is typical of regulatory processes in the state of New Jersey," he said. "Less important than what it means to us is what it means to home buyers. It costs more when you have to (wait)."
5 Comments:
oh goodie....
More housing inventory for NJ. Just what we need.
SAS
SAS,
You know as well as I, we can't stop building. Too many state jobs depend on it.
As of July, NJ is employing roughly 178,800 construction workers, 31,500 of them involved in residential construction. This figure is likely low, since it doesn't reflect illegals working in trades.
Stop building and it won't only be the construction industry that gets hit, but banking and other services as well.
grim
"As of July, NJ is employing roughly 178,800 construction workers, 31,500 of them involved in residential construction. This figure is likely low, since it doesn't reflect illegals working in trades."
I was not aware of these numbers.
Its pretty amazing.
SAS
the more amazing stats would
be how much the illegls suck
up in benefits. ie:kiddies,uncles,
aunts,.
they suck up police,fire,town,
medical,etc.
NJ the Welfare state.
The availability of utilities is actually one of the few things that limit growth.
About 15 years ago development in Monmouth County (and I think parts of southern Middlesex) were facing a possible moratorium on building because development had outstripped the ability of the aquifiers (underground lakes) to supply the water.
People in Pt. Pleasant were getting brackish water out of their taps because ocean water was washing back into their wells.
Monmouth County would not have developed as it has without the construction of the Manasquan River Reservoir (which raised the cost of water significantly for all users).
Sewer capacity also creates problems. There are projects on hold in Tinton Falls right now because the town doesn't seem to have adequate sewerage facilities.
Public infrastructure is one of the great boons to private developers as it provides them with massive subsidies for projects they otherwise couldn't build.
Lindsey
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