Hudson County Wants to Build 1,500 Homes on Parking Lots It Already Owns

Hudson County Executive Craig Guy is backing an ambitious plan to convert four county-owned parking lots in Jersey City into permanently affordable, mixed-income housing, a project advocates say could become a genuine model for how New Jersey tackles its housing shortage.

Hudson County Wants to Build 1,500 Homes on Parking Lots It Already Owns
Real Estate & Development
1,500 HomesCounty-owned land, no site assembly required
Jersey City · Housing & Development

Hudson County Wants to Build 1,500 Homes on Parking Lots It Already Owns

Hudson County Executive Craig Guy is backing an ambitious plan to convert four county-owned parking lots in Jersey City into permanently affordable, mixed-income housing, a project advocates say could become a genuine model for how New Jersey tackles its housing shortage.
Explore New Jersey Staff · Real Estate Desk

Hudson County Executive Craig Guy and county officials are backing an initiative to turn more than 10 acres of county owned surface parking lots across four sites in Jersey City into upwards of 1,500 new homes, a substantial share of them permanently affordable. The project, known as the Hudson County Affordable Housing Initiative, has drawn public support from housing advocates who argue its structure gives it a real advantage over typical private development, since the county already holds title to every site involved.

10+Acres across four county-owned sites
1,500+Potential total homes
36,500Projected JC housing deficit by 2032
$570KDodge Foundation planning investment

Why Owning the Land Already Changes Everything

In an opinion piece published in NJ.com, housing advocates Samra Haider, president and CEO of the Geraldine R. Dodge Foundation, Adam Gordon, executive director of the Fair Share Housing Center, and Zoe Baldwin, vice president of state programs at the Regional Plan Association, laid out the core case for why this project could move faster than a typical affordable housing development. Because Hudson County already owns every parcel involved, the initiative can skip the years long site assembly process that routinely slows private developers working to piece together enough contiguous land for a project of comparable scale.

The advocates framed the approach as aligned with what is often called a social housing model, publicly owned, mixed income development explicitly designed to remain affordable over the long term rather than reverting to market rate after an initial affordability period expires. They pointed to Montgomery County, Maryland as a working domestic example of that model, alongside internationally recognized public housing programs in Vienna, Singapore, and Amsterdam, framing Hudson County’s plan as New Jersey’s own attempt at applying a proven structure rather than experimenting with something entirely untested.

The Regional Plan Association estimates Jersey City alone could face a shortfall of as many as 36,500 homes by 2032, a projection that frames the county’s four site proposal as a meaningful, if partial, response to years of underbuilding in one of New Jersey’s most expensive housing markets.

Where the Homes Would Actually Go

The most advanced piece of the initiative centers on County Plaza, the county office complex near Journal Square at 257 Cornelison Avenue, currently surrounded by sprawling surface parking. Guy has said his administration is actively working with the City of Jersey City on a formal redevelopment plan for the nearly 13 acres of parking there, using a 570,000 dollar planning investment from the Geraldine R. Dodge Foundation to move the concept from proposal toward an actual submission. Architecture firm Studio V has already produced a proposed design for the site incorporating retail, open space, and a supermarket alongside the residential units, with county officials aiming to submit a formal redevelopment plan to Jersey City this fall.

County Plaza, 257 Cornelison Avenue

Up to 700 homes near Journal Square, including more than 200 permanently affordable units. Roughly 30 percent of units would be set aside across income tiers, including dedicated middle-income units, alongside retail, a supermarket, and green space.

Bergen Square Lot

A proposed 24-story tower with as many as 456 units, roughly 90 of them affordable, replacing existing county surface parking in the neighborhood.

Five Corners Lot

A tower of at least 31 stories proposed to hold 493 units, including 150 affordable homes, along with dedicated green space.

Newark & Baldwin Avenues / Hilltop Lot

A smaller scale addition targeting at least 226 units, including 45 affordable apartments, on a site currently zoned for buildings up to five stories.

Taken together, those four sites have been described in slightly different combinations across various stages of planning, with total unit counts that have shifted somewhat as the project has evolved, ranging from a more conservative 1,500 unit estimate up to a more ambitious 1,809 units in earlier county planning documents. That kind of fluctuation is fairly typical for a multi site redevelopment initiative still moving through design and municipal approval, and Guy’s own public remarks have consistently framed the project as an evolving, multi phase effort rather than a single fixed plan.

A First-of-Its-Kind Approach for New Jersey

If Jersey City officials approve the plan, Hudson County would become the first county in New Jersey to pursue affordable housing development directly on county owned land at this scale, a distinction Guy has pointed to as central to the project’s appeal as a statewide model. The county intends to remain the landlord across the completed properties while partnering with private management companies to handle day to day operations once construction wraps, a structure meant to keep long term affordability protections directly under public control rather than depending on a private developer’s continued cooperation decades down the line.

Guy has described the initiative as a defining priority of his administration since before he took office in 2024, and has continued building institutional support around it since, including establishing the county’s first Affordable Housing Task Force, led by Bill Matsikoudis, and securing 52.5 million dollars in county guaranteed bond financing through the Hudson County Improvement Authority for the separate Bayfront affordable housing development. Jersey City Mayor James Solomon has also voiced public support for the parking lot initiative specifically, giving the project alignment at both the county and municipal level heading into this fall’s expected redevelopment plan submission.

Not Entirely Without Precedent in New Jersey

While the opinion piece backing the initiative frames it as a potential model for the rest of the state, a comparable public land redevelopment effort is already underway in Bergen County. At 133 River Street in Hackensack, county officials have advanced plans for a new 387,000 square foot building combining 168 studio, one, and two bedroom apartments for workforce housing and veterans with a five story commercial building, a new bus terminal, street level retail, and office space for county government, all planned for the brownfield site that once held the Bergen County Probation Center. Between the two projects, New Jersey counties appear to be converging independently on a similar strategy, treating publicly owned land not simply as government infrastructure but as a genuine, ready to use asset in addressing the state’s housing shortage.

Explore New Jersey · Real Estate & Development Desk

Related articles

spot_imgspot_imgspot_imgspot_img