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
Codes and Standards | Sep 30, 2021
U.S. has a deficit of 5 million homes
Builders unable to keep pace with demand.
Codes and Standards | Sep 29, 2021
Mass Timber group study will compare structural round timber to glulam products and steel
Will compare costs, capabilities, and carbon impacts of structural materials.
Codes and Standards | Sep 28, 2021
Massachusetts creates Commission on Clean Heat
First-of-its kind body to set targets for buildings to reduce emissions from heating fuels.
Codes and Standards | Sep 27, 2021
Commercial real estate industry faces SEC climate disclosure regulations
Risks associated with climate change would have to be revealed.
Codes and Standards | Sep 22, 2021
Group proposes Carbon Use Intensity metric for new buildings
Plan would track embedded carbon on projects.
Codes and Standards | Sep 22, 2021
Illinois’s sweeping climate bill includes statewide stretch code, building electrification measures
Aims for zero-emissions power sector by 2045.
Codes and Standards | Sep 22, 2021
Cities need to step up flood mitigation efforts to save lives
Recent storms highlight climate change dangers.
Codes and Standards | Sep 21, 2021
Steps to improve ventilation for Covid can combat colds and flu
New look at airborne disease spread shows time viruses linger in air may have been underestimated.
Codes and Standards | Sep 15, 2021
USGBC will change leaders, conduct strategic review
Aims to ensure organization is ‘well positioned to scale its work in the post-pandemic world’.
Codes and Standards | Sep 15, 2021
LEED-certified offices earn higher rents than non-sustainable properties
Are also more resilient to dips in real estate market.