A rendering of The Hub @ New Brunswick Station — Courtesy: New Brunswick Development Corp.
By Joshua Burd
The demolition of an aging parking structure in New Brunswick is nearly complete, clearing the way for a developer to rebuild the site as a 1.7 million-square-foot transit village.
The builder, New Brunswick Development Corp., has a video to prove it.
In recent months, the nonprofit developer known as Devco has been razing the Ferren Mall and parking deck, a sprawling concrete structure that occupies nearly four acres in downtown New Brunswick. More importantly, it is across the street from a train station that services both NJ Transit and Amtrak, creating a long-awaited opportunity for the weathered parking site.
Devco has crafted plans for what it calls The Hub @ New Brunswick Station, which could include a mix of office, research and retail space, along with rental apartments. The project could be complete as soon as mid-2019.
Devco President Christopher Paladino said demolition was about 85 percent complete at the site, which is bounded by Albany, Spring, Paterson and Kirkpatrick streets. With JLL as its leasing agent, the developer is marketing the site to prospective tenants.