Transportation will also be a focus because of the trainstation. Preliminary plans call for a bridge across the NJ Transitrail line, and some much-needed traffic improvements in thesurrounding area.
What's particularly interesting here is the design process.Developer InterCap Holdings of Princeton is utilizing theincreasingly popular charrette process to scope out the final siteplan. In this case, there's a twist to that process, says Steven E.Goldin, chairman/CEO of InterCap.
"If you think of the traditional developers' approach, where youthink of a pyramid," Goldin explains, "the developer approaches andinteracts with the mayor, the planning board chair, the councilpeople, the key 20 or 30 people in town. Then, the public reallygets their first opportunity to see the project when it's in frontof the planning board.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
