Governor Phil Murphy and N.J. Transit announced the selection of DOR Woodbridge LLC, a joint venture of Russo Development, Onyx Equities, and Dinallo Development LLC/Terminal Construction, to advance a transit-oriented development (TOD) project at Metropark Station in Woodbridge.
Officials said the Metropark Development Project will support local and regional economic development by creating Class A office and retail space, community amenities, and station-area improvements, including bicycle, pedestrian, infrastructure upgrades and housing opportunities —20 percent of which will be designated as affordable housing.
These strategic investments and the development of a cohesive community centered at the station will enhance mobility options and help connect New Jerseyans to employment, education, health care, and other opportunities through improved access to N.J. Transit’s transportation system.
DOR Woodbridge LLC will perform site due diligence in the coming months and collaborate with N.J. Transit, Woodbridge Township and other project stakeholders to advance the project design and related financing, phasing, and implementation plans.
Facilitating the development of TOD is one of the five goals in N.J. Transit’s 2030 10-year Strategic Plan, through which the agency is promoting a more sustainable future for the planet by developing walkable communities, engaging in adaptive reuse of property to maximize its value, and fostering a green economy by reducing emissions related to transportation.