RIDGEWOOD, N.J. — A forum to discuss the proposed Hudson Street Parking Deck will be held Wednesday, Oct. 21 and Monday, Nov. 2, in Village Hall.
The issue of the parking garage is on the November ballot.
Village professionals and the design team from Desmond Associates will at the 7:30 meetings to discuss all aspects of the proposed parking deck including the design and financials.
The parking garage would come with increased meter and commuter parking rates, Walk Parking Consultants said in a financial report.
Meters will be extended until 9 p.m. and rates will increase to .75 cents in 2016, and again to $1 in 2017, the report says. If needed, rates would increase by .25 cents after five yearsCommuter permit rates would increase by $25 in 2021 and 2025, WPC said.
The proposed garage on the site of the existing Hudson Street Parking Lot on the northeast corner of Hudson Street and South Broad Street is intended to address crowded parking conditions in the downtown core.
The garage will replace the 76-space lot with roughly 350 to 412 spaces.
"The 72-space Brogan Cadillac lot on South Broad Street at Essex Street and at the 92-space Ken Smith Motors lot just east of the train tracks and north of Franklin Avenue are going to be demolished for development," the analysis says.
"Both of these dealerships have closed and lease out their parking. The Ken Smith Lot is permit parking for downtown employees."
The Brogan Lot accommodates commuters during the day and is leased out for restaurant valet parking at night. We anticipate these demand streams would transfer to the garage, the report says.
Valet services would be eliminated from the restaurants downtown that use it and would use the garage instead.
CLICK HERE for the full report.
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