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New Lobster Restaurant & More Coming to Palmer Square, Princeton

New Lobster Restaurant & More Coming to Palmer Square, Princeton
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Project for mixed-use building at Griggs Corner receives approval from Planning Board

Project for mixed-use building at Griggs Corner receives approval from Planning Board
Palmer Square Management LLC has received final approval from the Princeton Planning Board to develop a 24-space metered parking lot into a mixed-use building.
The parking lot on the corner of Witherspoon Street and Hulfish Street would be developed as a three-story, mixed-use building. Final site plan approval was granted by the board on April 8.
Planning Board Chair Wanda Gunning, Vice Chair Louise Wilson, and Planning Board members Julie Capozzoli, Councilman David Cohen, Alvin McGowen, Jeffrey Oakman, Councilwoman Mia Sacks, Zenon Tech-Czarny and Phil Chao voted “yes” to approve the project, which would be constructed opposite the Princeton Public Library. ....

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Princeton settlement removed 20% affordable housing set-aside requirement for developments that conform to zoning

A rendering of the new building that will be built on the Griggs Corner parking lo in Princeton across from the library. The project will include shops and eight apartments. None of the units will be affordable housing units.
A former Princeton Borough requirement that all new housing projects include a set aside of 20 percent of the units for affordable housing was inadvertently left out of an agreement that settled a five-year lawsuit between the municipality and the non-profit advocacy group Fair Share Housing.
In 2015, the municipality joined with some other municipalities in the county in filing a lawsuit challenging their affordable housing obligations. All of the other municipalities except West Windsor quickly reached settlements with Fair Share Housing, but Princeton’s lawsuit dragged on and cost the municipality hundreds of thousands of dollars. A Mercer County judge approved a settlement agreement in the matter a year ago. ....

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