Roseland Gets Approval for More Than 1 Mil SF at Waterfront

WEEHAWKEN, NJ-With the last piece of the permitting and approval process — a waterfront development permit from the New Jersey DEP — in its pocket, Roseland Property Co. of Short Hills, NJ appears ready to add more than 1,630 residences and about 1.3 million sf of office space to its massive Port Imperial project. In fact, the first phase of 44 brownstones is already under construction.

A second phase that will include more residences, office space and a riverfront walkway could be underway before the end of this year. A grass-roots group that has been fighting the project, the Friends of the Weehawken Waterfront, is taking one last crack at blocking it in the courts.

Port Imperial South, as the project is called, will also add some retailing, a hotel and a new ferry terminal and a connection to the new Hudson-Bergen light rail system on 100 upland acres. At build-out, slated to take up to seven years, Port Imperial South will combine with the 100-acre Port Imperial North in neighboring West New York and Guttenberg, NJ to add 6,500 residences and more than two million sf of commercial space to the Hudson County landscape. It will be roughly opposite Manhattan’s 35th through 85th Streets and carries an estimated price tag of $1.7 billion, according to Roseland principal Carl Goldberg.