NJ Transit chooses Metropark TOD partner

New Jersey’s transit agency has selected a preferred bidder to develop a transit-oriented development (TOD) project at Metropark Station in Woodbridge.

DOR Woodbridge, a joint venture of Russo Development, Onyx Equities, and Dinallo Development LLC/Terminal Construction, will work with the authority to provide office and retail space, housing opportunities (20% of which will be designated as affordable housing), community amenities, and station-area improvements, including bicycle, pedestrian, and infrastructure upgrades.

In the coming months, DOR Woodbridge will perform site due diligence and collaborate with NJ Transit, Woodbridge Township, and broader project stakeholders to advance the project design and related financing, phasing, and implementation plans.

“By leveraging public-private partnerships like the synergies on display today, we stimulate not just transit-oriented development, but future-oriented communities,” said Governor Phil Murphy.