Getting Started With Downtown Revitalization

New Jersey FutureRedevelopment Forum

March 13, 2015

Robert S. Goldsmith, Esq.Greenbaum, Rowe, Smith & Davis LLPWoodbridge, New Jersey

MORRISTOWNTHE “EPSTEIN’S PROJECT”

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Maple Avenue Elevation

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Shared parking is a neat concept that recognizes two distinct elements of urban parking demand.

The first is overlapping trips also known as “Park Once”. That is, a person driving to a downtown area for work can then walk to restaurants, stores, theaters, and there is but one car trip and one car parked, yet many distinct business transactions are possible.

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The second element is complementary parking needs.

This is a key method of saving development costs only available in downtown development contexts.

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For more information contact

Robert S. Goldsmith, Esq.Greenbaum, Rowe, Smith & Davis LLP

rgoldsmith@greenbaumlaw.com

732-476-2620

Co-Chair, Redevelopment & Land Use Department

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