Press Release

May 20, 2010

North Brunswick Transit Village: Zoning Ordinance Adopted for Largest Transit Village in New Jersey

North Brunswick, NJ (May 20, 2010) -- North Brunswick TOD Associates, LLC, the owner of the 212-acre property located along Route 1 in North Brunswick (formerly the Johnson & Johnson North Brunswick Campus), is pleased to announce that a comprehensive mixed use zoning ordinance for the future North Brunswick Transit Village was adopted by North Brunswick Township on Monday, May 17, 2010

The zoning ordinance, containing over 50 pages of comprehensive regulations on a mix of uses and architecture was created by the North Brunswick Planning Board. The ordinance, including numerous design elements, street designs and architectural requirements created a zoning template for an authentic new Main Street, which will be anchored by a proposed NJ Transit train station.

The transit village zoning provides for the following: a proposed NJ Transit train station; 870,000 square feet of retail stores of various sizes; 1,875 residential units; 375 hotel rooms; 195,000 square feet of office space; and a mixture of civic uses. Phase 1 of the project will include 300 of the total residential units and more than 500,000 square feet of commercial space. The zoning ordinance document is available in its entirety online at www.OurTownCenter.info.

North Brunswick TOD Associates, LLC (NB TOD Associates) firmly believes the re-use of this 212-acre property, situated between the Northeast Corridor rail line and U.S. Highway Route 1, presents a unique opportunity for building a transit village that would become a model for Smart Growth. The plan for a regional commuter train station, coupled with a mixed-use community village will meet every principle of Smart Growth, and presents a once-in-a-generation opportunity to create an authentic place that will be sustainable for the next hundred years and beyond.

The company has long believed that North Brunswick Township, and all of New Jersey, must work towards reversing the negative trends created by the past land use patterns of sprawl, including unsustainable property tax increases, unsustainable traffic problems, unsustainable school costs, and unsustainable damage to the environment.

“We are humbled by the awesome responsibility to execute the community's vision for this vital property and provide a sustainable future for the North Brunswick community and the region”, said John Taikina, PP, AICP, Director of Planning and Development for NB TOD Associates.