Per NJ Biz: It’s a go: One Westfield Place redevelopment gets council approval.
A massive redevelopment that will include the adaptive reuse of a former Lord & Taylor building is officially moving ahead in Westfield.
Through its real estate arm Streetworks Development, Hudson’s Bay Co. is set to move ahead with the mixed use redevelopment of the Lord & Taylor site, along with two town-owned parcels on the north and south sides of the train station. Plans for the work were unveiled last fall. Overall the project will include:
- 310,000 square feet of Class A office space
- 205 residential units (154 restricted to ages 55-plus)
- two enhanced public spaces
- 27,000 square feet of street-level retail
- two new commuter parking garages
- improved streetscapes
HBC | Streetworks says it expects to begin work in 2024.
In a statement, HBC | Streetworks Development Vice President of Development Carolina Simon said the adoption and approval of the Redevelopment Plan and Agreement were significant milestones for the reimagination of the shuttered Lord & Taylor store and the city’s downtown.
Read Full Story on NJ BIZ: https://njbiz.com/its-a-go-one-westfield-place-redevelopment-gets-council-approval/
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