SECAUCUS, NJ-NJ Transit’s four-year-old, $600-million, 312,000-sf Secaucus Junction Train Station has been criticized since its inception because it lacks a major component–parking. Current NJ DOT commissioner Kris Kolluri has publicly criticized that planning decision as, “a mistake.”

But that may change. A proposal has been floated to build a 1,100-space parking lot about 100 yards from the terminal, which state officials have previously said was designed to be a junction for existing commuter rail lines rather than a park-and-ride station. The parking proposal came from the Newark-based Edison Properties, which specializes in parking facilities.

Edison owns a 6.8-acre site at 675 New County Rd., just across the New Jersey Turnpike from the terminal, which is known officially as the Frank R. Lautenberg Rail Station. The site, directly accessible to the station via an underpass, currently holds a vacant 155,000-sf warehouse building, which Edison has had on the market for lease or several months.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.