Hoboken officials announced that a 17-story, 270-room Hilton Hotel is coming to the waterfront during a brief press conference at Pier A Park this morning.
““We will be delivering to the residents of the city of Hoboken a world class, full service Hilton Hotel right here on our waterfront,” began Mayor Ravi Bhalla.
“When I ran for mayor, I was always in favor of bringing a hotel to Hoboken: one that was consistent with the scale of Hoboken’s south waterfront. I think that we’ve done that here. While the redevelopment plan allows for a hotel as high as 290 feet, we will have a hotel that is about 60 feet lower than what is permitted by the redevelopment plan.”
Bhalla continued that the hotel will be equipped with a rooftop bar, exceptional views of the Manhattan Skyline and a variety of entertainment options – such as a venue for weddings.
Almost exactly one year ago, the Hoboken council approved a review of the city’s proposed redevelopment plan. At the time a councilman-at-large, Bhalla expressed concern with a hotel that was 24 stories high. Since then, that concern has clearly been remedied.
“We have a waterfront park, not just a 30-foot walkway, that’s clearly delineated by a public street grid. This allows for front doors on the new buildings and ground-floor retail to face Sinatra Drive and the waterfront park and the Hudson River,” added Fund for a Better Waterfront Executive Director Ron Hine.
KMS Development Partners said the endeavor will create $1.7 million in tax revenue for the city, as well as 120 full-time jobs during construction of the project.
The project will also renovate the Mile Square City’s post office, located at 89 River St., which was constructed back in 1931.
Officials did not estimate what the project would cost or when it would be completed.