December 30, 2012 – It was supposed to be the next Hoboken, Morristown or downtown Jersey City — a commuter village where young professionals would live affordably in apartments beside the train station and travel to New York City, Newark or further south. But more than a decade since Linden launched the South Wood Avenue Redevelopment project — a block of proposed apartments, restaurants and office space — the area is still a vacant parcel of land. It’s been delayed, officials say, by lawsuits and economic woes. The delay has cost $2 million to Linden taxpayers, who have had to pick up the tab in lieu of revenue from the project that was never realized.
Link to Full Article: http://www.nj.com/union/index.ssf/2012/12/linden_redevelopment_project_h.html