Intercap Holdings CEO Steve Goldin will be discussing what he proposes for his own 25 acres on Washington Road in the redevelopment area on Saturday, May 31, from 9 a.m. to noon at the Hyatt on Route 1.##M:[more]##
Goldin announced earlier this month that his plans include 450 units — townhouses and condominiums priced at around $400,”000 and equipped with no more than two bedrooms and two bathrooms and free of child-friendly amenities. The housing is intended to fund other pubic amenities, including a parking deck and road infrastructure improvements, that combined with tax increment financing, will leave funding of the redevelopment project out of taxpayers’ hands. At the same time, Goldin says, the proposal will help offset the township’s Council on Affordable Housing obligation.
Goldin’s proposal also includes retail space roughly the size of Acme, a public green, and the bifurcation of Vaughn Drive (see letter page 2).
The session is the next in a series of public presentations Goldin has been holding to present his ideas for redevelopment. Goldin has also expended his own company’s money hiring consultants to perform various studies, including his own $293,”000 traffic study, his parking demand and pricing study, and parking deck cost study. This is in addition to surveys and focus groups Goldin says he has used to understand what West Windsor residents want to see in the 350-acre train station redevelopment area.
