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3/11/2005



Rail News: Rail Industry Trends

NJ Transit seeks developer for transit village project


Today, New Jersey Transit is issuing a request for proposals to solicit a developer for a transit village to be built adjacent to the Hamilton rail station on the Northeast Corridor.

Expected to increase the agency’s ridership and revenue, the proposed 30-acre village would incorporate residential, commercial and retail development on the site of a parking lot.

Since opening in 1999, the Hamilton station has become one of NJ Transit’s busiest.

Last year, the agency announced plans to build a 2,000-space parking structure on a portion of the current surface parking lot and develop the remainder of the lot. Parking deck construction is scheduled to begin in fall.



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