110 likes | 228 Views
west windsor redevelopment area. Dinky Shuttle. Washington Rd. Station Drive. Station. Vaughn Dr. Alexander Rd. Princeton-Hightstown Rd. (571). Northeast Corridor Rail Line. development summary at main street. cafes, restaurants & shops 157,050 sf new office 84,800 sf
E N D
west windsor redevelopment area Dinky Shuttle Washington Rd. Station Drive Station Vaughn Dr. Alexander Rd. Princeton-Hightstown Rd. (571) Northeast Corridor Rail Line
development summary at main street cafes, restaurants & shops 157,050 sf new office 84,800 sf required affordable housing 32
development summary at WW Twp / NJ Transit sites office 669,700 sf cafes, restaurants & shops 62,200 sf emergency services 4,000 sf required affordable housing 120
development summary at InterCap site cafes, restaurants & shops 72,500 sf senior condos & townhomes 250 required affordable housing (senior) 144 market rate condos & townhomes 450
entire redevelopment area development summary office 754,500 sf restaurants/retail 291,800 sf senior condos & townhomes 250 required senior affordable housing 144 market rate condos & townhomes 450 required non-senior affordable housing 152
what is allowed to be built now? 1.7M sq ft of potential commercial development under present zoning 297 affordable homes required by COAH (the same number of affordable homes under the proposed redevelopment plan)
advantages of affordable housing at station 33% reduction in affordable housing units 31 affordable housing credits for demolition of existing structures on the InterCap site
benefits summary traffic improvements create a main street increase parking for WW residents no increase in taxes
here is what it will cost West Windsor resident parking deck $25M Main St & traffic improvements $49M Total public improvements paid for by the redevelopment $74M