Posts Tagged ‘economic benefit’

If you’re a Trenton watcher and haven’t been living in a cave, then you’ve noticed our shiny new $60M train station. The Trenton train station is unique along the Northeast corridor in that not only is it the 6th busiest station but it has both Amtrak, NJ Transit, NJ Light Rail and Septa carriage.

Every day hundreds of people from mainly outside Trenton travel through our station. They typically spend as little time in Trenton as possible.

The city is proposing to change that.

It is leveraging a generous state tax incentive to encourage commercial development around urban NJ’s train stations. I have to say, I’m for the tax incentive. The state and federal government have spent $Billions over the year building roads to increase sprawl, it’s good to finally put some balance in the equation.

With the incentive behind it, the city has courted three developers to build three seperate large projects immediately adjacent to the station. I think this is great and can’t see any downside. I even support demolishing the historic-ish building on the north side of Greenwood Ave. to make way for the building.

However,there are two big questions that come to mind as I review the current version of the city’s development plan for the area and come away from tonight’s (6/25) public meeting on the subject. Read the rest of this entry »