Hoboken Mayor Ravi Bhalla and Stevens Institute of Technology President Nariman Farvardin announced in a press release on Nov. 29 ongoing discussions regarding university-owned waterfront property.
The property adjacent to 600 Sinatra Dr. is currently used as a university parking lot, but the hope is to create an area that serves both Stevens’s need and one that can be enjoyed by Hoboken residents and visitors.
“Realizing the dream of a contiguous Hoboken waterfront is among my top priorities as mayor, and I am grateful to have a strong partner in President Farvardin,” said Bhalla in the press release. “Let me be clear, I am fully committed to finding a solution that addresses the legitimate needs of Stevens and accomplishes the goal of a contiguous, publicly accessible waterfront.”
Farvardin said “Transitioning the waterfront property owned by Stevens, which includes important existing functions, to an area that both serves the university’s needs and includes public access, will require thoughtful and creative planning, but I am hopeful that Mayor Bhalla and I will devise a plan that meets the needs of both Stevens and Hoboken.”
Conversations regarding the property began after the new University District rezoning was approved for the Stevens campus in August 2018 to support Stevens’s growing student enrollment and to mitigate related impacts within Hoboken.