The history alone is interesting in many respects. An excerpt from the wide ranging feature:
In 2008, a draft redevelopment plan was prepared by the city using funds from LCOR and NJ Transit. Designed by FXFOWLE Architecture, it proposed 9.2 million square feet of mixed-use development that included residential buildings as high as 45 stories and a 78-story commercial tower:
That proposal was not well-received in Hoboken. It was seen as out of scale with the city’s character, and residents were concerned that the influx of people could overwhelm the southern end of the city. After a series of community meetings to gather input, NJ Transit and LCOR released a revised plan in 2010 that reduced the overall scope of the development to 2.94 million square feet: 1.5 million square feet of commercial space, 1.2 million square feet of residential space, 160,000 square feet of retail, and a 30,000 square foot performing arts space. Slides from a December 2010 public information session focused on the area around Hoboken Terminal, and showed a significantly scaled-down office tower at the corner of Hudson Place and Hudson Street...
Read the entire feature at Mader's website, Gotham and Hudson: