file photo by Boyd Loving

HUDSON STREET GARAGE UPDATE

April 24,2018

the staff of the Ridgewood blog

Ridgewood NJ, according to Councilmen Ramon Hache on Wednesday, April 25, there will be a discussion and presentation regarding the design and plan for the Hudson Street Garage. The Village Council has concluded negotiations with various construction companies. The negotiations began in March, with the goal of selecting a final proposal that balances the best fit, value and functionality, while incorporating a design that fits within the existing lot. Designating the existing Hudson Street lot as an area in need of redevelopment in 2017, has allowed us the opportunity to negotiate directly with the construction companies, instead of simply accepting or rejecting bids. The Village Council will also be discussing and voting on a resolution to hire a financial adviser that will provide guidance on project financing options in addition to comprehensive financial analysis.