West Windsor council says yes to InterCap, ending litigation PDF Print Email

Published: Tuesday, September 20, 2011
By Samantha Costa

WEST WINDSOR -- Five years after the township council gave initial approval for a proposed transit village at Princeton Junction, InterCap Holdings' development has received the final approval needed to move forward.

The council voted 4-1 last night in favor of necessary ordinances that they had fought over all summer. Today Superior Court Judge Linda Feinberg is expected to sign off on the ordinances as part of the process of settling a lawsuit filed by Intercap.

Councilman Charles Morgan voted no. He said that he valued the idea of redevelopment but still did not have enough details to support the deal.

InterCap owns 24.4 acres of property at Washington Road, part of the 350-acre redevelopment zone surrounding the Princeton Junction Train Station.

The ordinances call for 800 units at the proposed transit village development, with 12.2 percent or 98 units as affordable housing. The complex will have an average of two bedrooms per unit. The affordable units will be 50 percent moderate income, 40 percent low income, and 10 percent very low income.

The ordinances would also require the developer to provide parking at a ratio of 1.4375 off-street spaces per unit. Commercial and civic uses could wind up sharing on-street parking. Employees at the proposed town center would receive one space per 1,000 square feet of commercial space.

Contact Samantha Costa at (609) 989-5680 or [email protected].