Is a billion dollar development project at the heart of the New Jersey bridge traffic scandal?
Tonight Rachel talked with Steve Kornacki about a billion dollar real estate development called Hudson Light as a motive behind the apparently punitive shutdown of two lanes of the Fort Lee onramp to the George Washington Bridge.
The renderings below by Martin Demczyk for Arquitectonica (with red arrows added for the sake of orientation) show the value of the Fort Lee on-ramp to the development.
The development corporation, the planners, and the real estate management company, all cite the development’s proximity to the George Washington Bridge. From the SJP Properties site:
The towers, situated on a nearly eight-acre site, are to be located at 100 and 800 Park Avenue (formerly known as Martha Washington Way), immediately south of the entrance to the George Washington Bridge, and will feature an unprecedented 70,000 square feet of indoor and outdoor resort-style amenities for enjoyment by residents.
Since the development is still being designed, this may not be exactly what the place ends up looking like, but here’s Google Earth’s view of “Development Area Five,” the land where the Hudson Lights development is to be built. It’s hard not to see the convenience of that Fort Lee on-ramp, or to imagine the inconvenience of a massive bridge-related traffic jam seizing the development’s streets.
Video:
See also: The billion-dollar development at the center of ‘Bridgegate’