In a recent government meeting, officials discussed the future of a surface parking lot located near Halsey Street, emphasizing its potential for redevelopment to enhance downtown vitality. The conversation highlighted the need to reassess the current use of the lot, which has been deemed obsolete and a barrier to achieving the borough's vision for growth and economic viability.
The speaker noted that the parking area, while necessary in some capacity, fails to contribute positively to the downtown environment. Instead, it occupies valuable space that could be utilized for mixed-use developments, housing, and other beneficial projects. The discussion referenced the success of the nearby Woodmont project, which has reportedly generated significant economic activity by attracting families and individuals with disposable income to the area.
Officials pointed out that the Halsey Street lot is strategically located just 500 feet from the train station, making it a prime candidate for redevelopment in line with smart growth principles. These principles advocate for compact, pedestrian-friendly, and transit-oriented development, which aligns with both the borough's master plan and state recommendations for revitalizing urban areas.
The meeting concluded with a recommendation for the planning board to formally recognize the Halsey Street lot as an area suitable for redevelopment. This step would enable the borough council to take action towards transforming the site into a more productive and economically beneficial space, consistent with the community's long-term goals. The planning board is expected to prepare a resolution to initiate this process in the coming weeks.