Redevelopment Hype Not Valid
The presentation leaned heavily on what might happen, but close observers will differ on the results so far.
The West Front Street office complex relied on a financing program whose terms were not met by December 2008, therefore no action hence. In addition, the developer has yet to acquire the two adjacent city-owned lots needed for the project.
Of the two Park Avenue Landmark projects, one still has a stop-work order and one has a big broken window that is not properly secured, but just has a piece of plywood behind the broken glass, which is still a potential hazard.
Unless Landmark has actually acquired the PNC Bank site, all talk of a Trader Joe’s and “hospitality” venues on the site are mere speculation and should not be included in a redevelopment report.
My biggest question is where is the Union County Improvement Authority in all this talk? The UCIA was designated in August 2006 as the entity in charge of Plainfield development, but nothing has been heard lately from the authority lately.
If anybody at City Hall can shed real light on these projects, please do so.