Riverton, mixed-use redevelopment along two miles of the Raritan River in Sayreville, is one of New Jersey boldest projects. It’s also one of the biggest. The $2.5 billion project on 418 acres is the largest mixed-use development in NJ history and believed to be the largest mixed-use project in development in the U.S. right now, according to NJ.com.
Don’t blame locals if they adopt a “I’ll believe it when I see it” attitude to the dreams of creating “America’s Next Great Hometown.” Attempts to redevelop the area have been ongoing for more than a decade. The previous developer never began construction after attempts to clean-up the contaminated site.
The current plan calls for a marina, two hotels, 1 million square feet of retail space and 1 million square feet of office space, 10 restaurants, and 2,000 residential units of single-family homes and apartments. It is expected to be built in phases and take 10 years to complete once they start construction.
But it won’t be easy—to build or win over the public. The developer, North American Properties (NAP), and Sayreville Economic & Redevelopment Agency (SERA) have faced some pushback, including a poll sent to area residents at the end of 2018 that town officials say was from an outside organization trying to mislead the public about the project with questions that “appear created to incite fear and spread rumor.” And while NAP boasts access to highways and the number of people within 20 miles, some are concerned about the amount of traffic and congestion in the area. Part of the plan, however, is to create its own Riverton exit on the Garden State Parkway, according to a story from News12 New Jersey, which toured the site.
If all goes as the developers plan, Riverton residents won’t have to leave the area very often. They can work, live, dine out, and meet all of their entertainment and recreation needs right there.