New development at the Crossroads

From the Record:

New complex in Mahwah would blend shops, homes

A $200 million “lifestyle center” that could include a movie theater, 200 residences and a bevy of retail is being planned at the Sheraton Crossroads site in Mahwah.

The 100-acre plan is the latest idea for developing a swath of land wedged between the intersection of Routes 17 and 287 and the Ramapo River. The site, zoned for offices, has been eyed for development for at least a decade. But soon the Mahwah Council is expected to introduce an ordinance that will rezone the property to fit a very specific vision – that of a lifestyle center.

The proposal, by Crossroads Developers, calls for a Main Street-style area with concrete paver sidewalks, benches, tables and chairs, fountains, boutiques, restaurants and a movie theater. Only one store would be larger than 100,000 square feet. Most of the parking would be hidden behind the buildings.

The investment could mean another $2 million each year in taxes for the township. And it would give residents a place to shop without having to head south to Paramus or north to Woodbury Common, in Central Valley, N.Y. Twenty acres along the Ramapo River, which is on the southern end of the site, would be set aside for passive recreation such as a river walk.

That plan evolved into the new proposal, which mixes residences with high-end retailers in an open-air format.

The residences in the Crossroads development are planned to be no bigger than two bedrooms. Still, some worry that could strain the township’s already burdened schools. There also are concerns over increased pressure placed on the police and fire departments.

This entry was posted in New Development, North Jersey Real Estate. Bookmark the permalink.

3 Responses to New development at the Crossroads

  1. Pingback: Anonymous

Comments are closed.