Two More Towers Planned for Newport

By on Monday, December 13th, 2010 at 9:53 am

The next buildings in the Newport development will likely break ground in the coming months in the northern most corner of the property according to the Hudson Reporter.

The plan likely is intended to take advantage of last year’s completion of waterfront walkway bridge linking Newport directly with the Hoboken Terminal. The northern quadrant of Newport is nearly a half mile from the Newport PATH station but only a few hundred yards from Hoboken Terminal. A new billboard advertising the complex went up last week along the walkway.

The towers will be the northern most built by the Newport Associates up alongside the Hoboken / Jersey City border. NJ Transit previously had plans to develop the rail yards between Newport and Hoboken proper with high rise towers; the people of Hoboken fought this plan claiming the high rise structures would create excessive traffic and block southern views. The construction of the towers in the northern section will no doubt bring Hobokenites plenty of angst over the loss of their views and none of the revenue the NJ Transit plant would have generated.

The two towers will have 790 residential units, 15,000 square feet of retail, and 794 parking spaces according to the Hudson Reporter.



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