Council all-in for 370-unit mixed-use project - Pascack Press

The Press Group reports on Woodcliff Lake Borough Council's unanimous approval of a redevelopment plan for the former BMW property at 300 Chestnut Ridge Road. The ambitious 21-acre mixed-use development will include 370 housing units, restaurants, townhomes, and both affordable and supportive housing options. Despite nearly two dozen residents expressing concerns about traffic impacts and changes to the borough's single-family character, the council moved forward to comply with state housing mandates and potentially generate significant tax revenue.

• The project includes 74 affordable units with 40 special-needs beds designed for individuals with physical or mental disabilities
• Developer estimates show potential tax revenue increases of $54-78 million over 30 years through a PILOT agreement
• Residents raised concerns about emergency services capacity, traffic congestion, and long-term taxpayer costs during the three-hour public hearing
• The approval allows Russo Development and Woodmont Properties to proceed with detailed site plan applications to the Land Use Board this fall