DOR Woodbridge, LLC – a joint venture of Russo Development, Onyx Equities, and Dinallo Development LLC/Terminal Construction – was selected today to advance a transit-oriented development (TOD) project at Metropark Station in Woodbridge.
The Metropark Development Project will consist of Class A office and retail space, housing opportunities (20% of which will be designated as affordable housing), community amenities, and station-area improvements, including bicycle, pedestrian, and infrastructure upgrades.
In the coming months, DOR Woodbridge, LLC will perform site due diligence and collaborate with NJ TRANSIT, Woodbridge Township, and broader project stakeholders to advance the project design and related financing, phasing, and implementation plans.
“Station by station, line by line, we continue our determined overhaul of one of the world’s most critical transportation networks,” Gov. Phil Murphy said today. “This comprehensive transformation requires infrastructure investments that are complemented by the promotion of walkable neighborhoods, the construction of affordable housing, and the cultivation of economic opportunity. By leveraging public-private partnerships like the synergies on display today, we stimulate not just transit-oriented development, but future-oriented communities.”
“Today marks an important first step in Metropark Station’s transformation into a walkable community with direct access to the transit station,” said U.S. Representative Frank Pallone, Jr. “This investment in our public transit infrastructure will enhance the station’s safety and accessibility for commuters who rely on it. I want to thank Governor Murphy who continues to make sure our public transit infrastructure is a priority.”
Facilitating the development of TOD is one of the five goals in NJ TRANSIT’s 2030 10-year Strategic Plan, through which the agency is promoting a more sustainable future for the planet by developing walkable communities, engaging in adaptive reuse of property to maximize its value, and fostering a green economy by reducing emissions related to transportation.
“With the Northeast Corridor running through Metropark Station, NJ TRANSIT’s development promises to be an asset to our local community and to advancing the state’s environmental goals,” said Assembly Speaker Craig J. Coughlin. “What this competitive process demonstrates is that New Jersey remains a place that businesses want to invest and people want to live.”
“Advancing transit-oriented development such as the Metropark project is key to creating walkable communities that provide easy access to transit and improved quality of life for communities,” said New Jersey Department of Transportation Commissioner and NJ TRANSIT Board Chair Diane Gutierrez-Scaccetti. “This is a significant step forward for an important project that integrates transportation, sustainability and economic development.”
“Anchored by one of NJ TRANSIT’s busiest stations on the Northeast Corridor, this TOD project at Metropark is an innovative effort that will create housing, office and retail space, in addition to station-area improvements for our customers,” said NJ TRANSIT President & CEO Kevin S. Corbett. “I’m pleased that this TOD also supports one of the five key goals in our 10-Year Strategic Plan, NJT2030, which commits to promoting a more sustainable future for our planet.”
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