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February 2006 Trenton Lofts Newsletter
Dear Dan,
February is a big loft news month in Trenton:

  • New development was announced in the Lamberton Historic District
  • The Cracker Factory is going to be turned into lofts
  • The city is considering letting it's Trolley Barn building become lofts
  • The city elections are heating up
  • And all the other developments underway

Cracker Factory under contract
    Neatest building in Trenton
Developer HHG has just recently gotten the Original Trenton Cracker Factory under contract. This promises to be one of the coolest projects in Trenton.

Stay tuned to trentonlofts.com for updates. I'm working with the developers to help promote the project and find the perfect owners. Yep, I said owners. These units will be for sale!!

If you're in Trenton, drive by 242-244 Centre St. The neighborhood is a little run down but there is quite a bit of development committed to the street that will turn it around!

Lamberton Historic District gets new blood
    Community's efforts pay off
Those of you who have followed Trenton Lofts or my "Trenton Page" know that I have a special place in my heart for the Lamberton Historic District. Now the fruits of the community's efforts are coming to bear.

Three developers and a real estate agent have put a proposal in front of the city that conforms to the neighborhood's desires for historic preservation, rehabilitation, market rate housing and infill development. All of the principals are friends and are active in Trenton life.

I'm working with the developers to promote the project. It's likely that I'll create a special section on trentonlofts.com as some of the projects aren't lofts but rather row homes and at least one glorious Queen Anne building (125 Centre St.).

Candidate web sites coming online
    Keep track on the Trenton Page
I can't help but be involved in the upcoming Trenton Election. So, I'm keeping track of the candidates and specifically their ability to communicate using 21st century technology. My feeling is that if a candidate can't be troubled to put their message on the web, they really shouldn't be making decisions for my community.

To be honest, if you're planning to move to Trenton or even Mercer county you should really find Trenton city candidates you can support. This city has been stuck for 15 years and just a little nudge from the right candidate will turn it around.

Trolley Barn Lofts proposed
   
The other classic loft development threatening to happen in Trenton is The Trolley Barn. The city owns an old trolley barn that has been used for years as a small art school called Artworks. It turns out that it costs far more to operate and repair the building than the art school will ever generate in revenue. Since Trenton is desperate for cash, it's considering selling the building to developers who will turn the building into live-work space with an eye towards attracting artists to Trenton (presumably artists that can afford to buy a house).

There is some debate in the community about this issue as many will bemoan the loss of the art classes. However it must be said that this building would make a swanky loft building and is one of the few spots in Trenton that you just couldn't get lost trying to find (it's at the Market St. exit off Route 1 South). There is a lot more about this project on the Trenton Lofts site.

The city hasn't made a final decision but given that we're staring down another tax rate increase, I'd say the writing's on the wall.

Trenton Film Society Oscar Shorts
    Always a sell-out
The Trenton Film Society invites you to join us as we proudly present the East Coast Premiere of all four 2006 Oscar-Nominated Documentary Short films. This special screening event is the primary Fundraiser for the 3rd Annual Trenton Film Festival and will take place on Saturday, February 25 at 7:30 PM at the New Jersey State Museum Auditorium, 205 W. State Street in Trenton, NJ. This screening will be the only way to see all four nominees before the Oscars are held on March 5.
The Major Project Round-up
    Notes on the projects we track
Like you, I'm in a big hurry to get details about the exciting development projects listed on Trenton Lofts. I e-mail each of the developers before this newsletter goes out reminding them to send pictures, floor plans, schedules and pricing. Unfortunately we didn't get much news this month.

Trenton Town Center - Full Spectrum of NY has received final approval from Trenton's Planning board to proceed. The main objection I've heard from folks in the community is that the project is too big. This is a strange complaint from a city desperate for new development

Commonwealth Building - Haven't really heard from the developer in a while.

Broad St. Bank - I did hear from the developer who is not happy with me after I suggested that because the rental applications were delayed, there might be a delay. They assure me that there is no delay and that move-in will be Fall 2006. Anyhow, I'm trying to arrange a walk-thru of the building to see for myself. Apparently framing is already up to the 9th floor.

The Whittaker - The Whittaker has moved through the Landmarks Commission. However I've not received more info on completion dates, prices, layouts etc. from the developer. I'll continue to ask.

Cigar Factory - No update on this project.

8 Peace St. - Done. Finished. Ready to rent.

 

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Trenton Lofts | 507 Grand St. | #2H | Trenton | NJ | 08611