The $350 million project on the 80-acre site will create new office space to support the growing life sciences community. It also has a mixed-use development, which will include at least 300 apartments totaling more than 450,000 square feet. To meet the needs of those new residents as well as office workers, there will be 200,000 square feet of retail stores, as well as restaurants, a fitness center and day care constructed.
A five-story, 200-room, 180,000 square foot luxury hotel and meeting facilities will be built near the entrance of the complex to meet the needs of those visiting the campus off of Route 202.
Developer Dell Dunne and Associates says the development will be the first of its kind in Delaware. No completion date has been set.
The Record newsroom in Hackensack was never known for its fancy amenities. The printing press would rumble to life in the old building adjacent to the Hackensack River, and the work of reporters and editors would transfer to the page before being moved to delivery trucks to spread the area’s news to the people of Bergen County. When the owners of the newspaper moved its headquarters to Woodland Park, the site sat vacant for years.
Soon, though, developers will break ground on a $145 million redevelopment of the site, creating luxury apartments and retail units in a project that is Hackensack’s first luxury, mixed-used riverfront community and the largest project of its kind in the city, according to northjersey.com. City officials hope it leads the transformation of the waterfront area from largely industrial to residential and retail, and becomes a destination for people looking to move or shop in Bergen County.
The Record building was demolished in 2018, clearing the way for a redevelopment plan that will build approximately 700 luxury residences spread among five buildings. There will be 18,000 square-feet of retail space and a hotel on the 19.7 acre property.
The neighboring Heritage Diner will remain in place. Plans for the USS Ling, a submarine that was part of the NJ Naval Museum that once operated from the property, have not been announced.
The redevelopment is expected to create 250 construction jobs, and the project is expected to be fully completed in 2025.