NJ TRANSIT continues to advance the restoration of the 117-year-old Lackawanna Ferry Terminal on the first and second floors of historic Hoboken Terminal as part of the broader Hoboken Connect redevelopment project. The 50,000 square feet of available space within the Ferry Terminal is being restored and re-imagined as a contemporary destination for marquee events and other uses.
NJ TRANSIT is presenting an opportunity to a qualified entity to become the anchor tenant of the transformed Ferry Terminal, which offers exceptional visibility and prime positioning within one of New Jersey’s busiest transit hubs. The entity would activate the building, creating a destination to energize the area and provide an amenity for both NJ TRANSIT customers and the Hoboken community while also generating a dependable revenue stream for NJ TRANSIT.
Constructed in 1907 and designed by architect Kenneth Murchison in the Beaux-Arts style, the building features ornate detailing, grand public spaces and architectural elements reflective of early 20th century elegance, now preserved and enhanced with modern amenities by NJ TRANSIT and the State of New Jersey’s ongoing restoration investments.
Once completed, the renovated ferry terminal building will feature 35,988 square-feet of leasable space on the second floor with an A-3 occupancy classification and a maximum main hall occupancy of 2,084 people. The first floor contains 14,973 square-feet of leasable space, also with an A-3 occupancy classification with a maximum main hall occupancy of 1,032 people.
The ferry terminal is the latest phase of the Hoboken Connect redevelopment project. The most significant, transformative economic redevelopment project along the Hudson Waterfront, the multi-phased initiative will introduce a mixed-use campus environment including a 386-unit apartment building, 20% of which will be designated affordable housing, currently under construction, a future Class A office building, reimagined public spaces, including Warrington Plaza and Hudson Place and improved transportation and pedestrian accessibility with a new bus terminal and bike/pedestrian facilities. Together, the investments enhance the terminal area’s vitality and appeal as a premium event/entertainment and creative retail location for a variety of public-facing uses.
-via Press Release
