New Jersey has been developing densely and extensively along its 125-mile coast and fragile barrier islands for more than three centuries. Hurricane Sandy was a wake-up call that storms are becoming increasingly frequent, severe and destructive as sea levels rise more and more rapidly. As a result, there is a growing awareness of the need to rethink the state’s development patterns. And because these growing threats ignore municipal borders, they seem to call for a regional response. This roundtable discussion explored what that response might look like and how it could be implemented to help us begin to reimagine our coast.
If you were planning to build a parking structure, would you invest in a 30-year bond to finance it?
That’s the question Bob Goldsmith, partner and co-chairman of redevelopment and land use for Greenbaum, Rowe, Smith & Davis LLP, posed at the beginning of the Redevelopment Forum session entitled “The Future of Parking, Today.” The session explored whether the decades-long, ever-expanding demand for parking that has influenced the form of urban areas throughout the country will decline as market forces shift and alternative transportation options proliferate.