HR&A is serving New Jersey Transit as part of Ehrenkrantz Eckstut & Kuhn's multidisciplinary Program Management Team for the statewide Transit-Friendly Planning, Land Use & Development program from 2009 to 2012. For this next generation in TOD policy planning in New Jersey, HR&A has provided a framework for analyzing the opportunities and challenges for development around transit stations, helped identify priority station areas based on economic, financial and real estate development criteria, and supported the agency's work to help define the Sustainable Communities Grant Program under development by the Federal Department of Housing and Urban Development.
HR&A's work on the program builds upon several of our past economic development planning, policy and implementation assignments throughout the New Jersey Transit system. The firm has provided real estate analyses for the Access to the Region's Core tunnel project and Moynihan Station in New York, as well as economic and fiscal impact analyses and strategic planning for the implementation of the Hoboken Terminal & Yard redevelopment project. In Newark, HR&A has led development planning analyses around both of the City's major transit hubs – Newark Penn Station and Broad Street Station – and Newark Liberty International Airport. These project have included forecasting the economic development value of new station-area improvements, supporting the City and its institutional partners in developing the Broad Street Station Area Plan – winner of the 2009 New Jersey Futures Smart Growth Award – for which the firm ultimately guided the development solicitation process, and analyzing the market opportunities and challenges for real estate around the state's primary aviation hub. Together, these projects have endowed the firm with an intimate understanding of New Jersey's transit-oriented development landscape – from policy to planning, financing to implementation.
