Hackensack Apartment Development Grows to 350 Units

Hackensack’s development boom is welcoming another project, one that seems to be growing before shovels are in the ground.

The City Council last month amended the redevelopment plan for 123 Anderson Street in the New Jersey municipality, NorthJersey.com reported. The updated redevelopment plan for the 2.7-acre site allows for an additional 30 units, totaling 350 apartments for the parcel.

It’s unclear who the developer is for the site. The Hackensack Planning Board did not immediately return a call from The Real Deal.

The amended plan calls for ground-floor retail space and 20 parking spots in addition to the multifamily units. The unnamed developer would be required to pay 1.5 percent of the property’s value in development fees to the city’s affordable housing trust fund.

The site has a Walgreens pharmacy, in addition to multiple other storefronts, two smaller buildings and a parking lot. All would be replaced by the redevelopment, which is across the street from the train station.

Some residents are opposed to a large apartment building development at the site, particularly expressing concern about traffic that worsens when a train rolls in.

“We don’t need another apartment building,” one resident told NorthJersey.com. “Putting that building there you’ll be taking away from the beauty and culture of the neighborhood.”

City officials will evaluate traffic and infrastructure concerns when the project has its date with the Planning Board.

Down the road, a six-story, 222-unit apartment building is being constructed at the former site of the city’s Building Department, as well as a mainstay restaurant. Legacy Development Group is working on a 110-unit project on Main Street.

Other developments in various stages of development in Hackensack include a 268-unit project on Trinity Place, next to a firehouse and the Bergen County Islamic Center and a six-story, 130-unit luxury project pitched for downtown, threatening to displace several store owners.

Overall, there are more than two dozen projects geared towards revitalizing the downtown area of “The Sack.”

— Holden Walter-Warner