A partnership among the city, the New Brunswick Development Corp., the New Brunswick Parking Authority and Robert Wood Johnson University Hospital, the 625,000-square-foot project would occupy a 1.6-acre site between Joyce Kilmer Avenue and an extended Kirkpatrick Street adjacent to the Ferren Mall on French Street. Cahill said the project would be located within the city's transit village zone and would offer walkway access to the nearby train station, published reports say.

The hospital would run the health facility, to be known as the Robert Wood Johnson University Hospital Fitness and Wellness Center. The first floor would include a 45,000-square-foot grocery store, a footprint that Cahill reportedly said "will allow this supermarket to offer a wider variety of food choices than the 15,000- to 25,000-square-foot size typically found in urban areas." A spokesman for Cahill was unable to provide GlobeSt.com with a copy of the mayor's prepared speech by deadline.

Also on the first floor of the facility would be an aquatic center, featuring a competition-sized swimming pool and two smaller therapeutic pools that could be used for exercise classes or hospital physical therapy sessions. The main pool would also be made available free of charge to the city's public schools for swimming lessons during physical education classes. The remainder of the facility would occupy the 12-story project's second floor and offer exercise equipment and classes, occupational and physical therapy, community health education classes and lectures and meeting space for use by community groups, according to the New Brunswick Home News Tribune.

The project would require the city to acquire properties within its proposed footprint. According to the Home News, these would include two private residences, the former Gallen Furniture Plaza, law office and office space currently used by the University of Medicine and Dentistry of New Jersey. Cahill reportedly said the parking authority would begin acquiring the needed properties immediately and that preliminary discussions with some property owners have been positive.

The parking authority would own all of the structure except for the housing component, which would be owned by the development corporation, also known as Devco. Christopher J. Paladino, Devco's president, told the Home News that the parking authority would issue general obligation bonds for much of its portion of the project, while Devco would utilize state and federal tax credits to finance the construction.

The project is expected to go before the city's planning board this summer. Construction would begin the following spring, with an estimated completion date of September 2012.

In his annual speech, given at the newly completed New Brunswick High School, Cahill also reportedly charted progress on the city's other redevelopment and revitalization projects. "There is no doubt that the New Brunswick of today, by any standard of measurement, has far exceeded any expectation of our city's visionaries from the beginning of our revitalization," he said.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.