Redevelopment Plan

The redevelopment plan for the 60-acre Englewood Industrial Park was stopped dead in its tracks, and it looks like City officials are back to square one in planning the future of this blighted area in Englewood. A Superior Court judge ruled October 12 that the Planning Board failed to publish proper legal notices of the meetings it held in 1999.

Although the City could appeal the ruling, this would be a lengthy process and would further delay any plans for the area. The EHOA Board does not believe this is likely. Attempting to take the land by eminent domain would also lead to bitter lawsuits and delays. Instead the developer could negotiate with the individual property owners in the area to establish a fair price for the land. Or it could start the whole process again from scratch.

But the billion dollar question is: Where is the money? Does the developer have the funds, or are they fooling everybody?

The $500 million plan changed the area's zoning to “mixed-use”, and called for building two hotels, two office buildings, residences, and retail stores in the sixty-acre site bounded by Route 4 to the north and Route 95 to the south.

Find out more.

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