New zoning regulations that encourage multifamily projects are transforming downtowns in several New Jersey cities. The zoning policy shift could produce the biggest transformation of North New Jersey’s downtowns since the arrival of malls pulled shoppers away from town centers in the 1960s and 1970s, according to NorthJersey.com.
The suburban communities are responding to millennials who want to live in urban environments and aging suburbanites who want to downsize in their hometowns. “People want to live in places where they have that downtown, where they can live close to things that they’re going to eat and things that they’re going to buy, and the market is following,” said Maggie Peters, director of the Bergen County Economic Development Corp.
Permits for multifamily units in the county have outpaced single- and two-family permits every year since 2009. Since the 1970s, most of the region’s communities had zoned their downtowns for commercial uses. In recent years, some have added hundreds of new apartment units.
One area town, Ridgewood, which already has a thriving downtown retail district, has resisted the trend so far. Concerns over parking and traffic have come to the fore as the community considers zoning changes that would allow large multifamily projects downtown.
(http://www.northjersey.com/news/bergen-county-s-suburbs-embrace-a-touch-of-the-city-1.1134517)
Related Stories
Regulations | Aug 31, 2016
FEMA wants to toughen flood regulation on projects using federal funds
The proposal ‘would essentially rewrite the current 100-year flood standard.’
Sustainability | Aug 30, 2016
New federal project plans must include climate impacts
Agencies must quantify the specific impacts when possible.
Green | Aug 29, 2016
Vancouver, B.C., to require zero emissions on new buildings by 2030
No net GHG emissions will be allowed.
Codes and Standards | Aug 25, 2016
Freddie Mac extends efforts to fund multifamily energy/water efficiency projects
The Multifamily Green Advantage targets existing buildings.
Codes | Aug 24, 2016
Weak building codes no match for recent natural disasters, say industry experts
The recent floods and wildfires in Alberta are being cited as proof.
Legislation | Aug 24, 2016
World Trade Center contractor found guilty of minority-owned business fraud
The company used two minority firms as fronts in a nearly $1 billion scheme.
Codes and Standards | Aug 22, 2016
Federal construction contractors propose reforms to federal project delivery
Industry leaders offer how procurement system could be improved.
Legislation | Aug 19, 2016
California lawmakers may take action to address contractor negligence
An assembly committee heard testimony on deadly balcony collapse that occurred last year.
Energy Efficiency | Aug 17, 2016
Investor Confidence Project aimed at raising trustworthiness on energy efficiency projects
The new initiative screens projects to see if they are investor-ready.
Standards | Aug 17, 2016
U.K.’S BREEAM green building standard enters U.S. market
The standard is touted as a cost-effective alternative to LEED.