Gov. Murphy announces $176 million redevelopment plan for Hoboken Terminal

Gov. Phil Murphy today announced long-stalled redevelopment efforts for what’s now called Hoboken Connect.

News 12 Staff

Oct 5, 2022, 4:43 PM

Updated 615 days ago

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Gov. Phil Murphy today announced long-stalled redevelopment efforts for what’s now called Hoboken Connect.  
It includes new office and retail space, affordable housing, and improvements to public infrastructure and the surrounding streetscape at Hoboken Terminal. 
“It’s a $176 million investment with public infrastructure upgrades and improvements that are being invested in Hoboken Connect through the state budget agreement,” says Murphy. “Investments that will work alongside made by the city.”
The project will create 10,000 construction jobs and thousands more permanent positions. 
Hudson Connect development had stalled for 15 years but was reignited through various partners, including New Jersey Transit and the city of Hoboken.
Mayor Ravi Bhalla says affordable housing will make up about 20% of the project. Public investments will include construction of a new bus terminal on Hudson Place while rail and ferry terminal restoration will be made while utilizing historic preservation guidelines. 


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