NJ TRANSIT has begun the process of identifying a lead tenant for the newly restored Lackawanna Ferry Terminal at Hoboken Terminal, a 117-year-old landmark currently undergoing significant renovation.
The search marks a new phase in the broader Hoboken Connect redevelopment, which aims to revitalise the surrounding waterfront area.
The agency is preparing to issue a Request for Qualifications and Proposals (RFQ/P) later this year, inviting qualified operators to express interest in managing and activating the terminal’s first and second floors. The 50,000 square feet of available space is being reconfigured to accommodate public, cultural, or commercial uses, with the potential to host events and serve as a community destination.
NJ TRANSIT is encouraging interested parties to register for updates on the forthcoming RFQ/P. Registrants will receive access to further details, including a virtual tour of the terminal, through a dedicated online portal.
NJ TRANSIT President and CEO Kris Kolluri said:Through the release of this RFQ/P, we expect to find a partner who shares our grand vision for the possibilities this unique and historic space provides to transform and revitalise the Hoboken Waterfront district. We are seeking an operator with the ability to not just manage, but to create a singular destination for top-tier events accessible to people throughout the metropolitan area and beyond.
Originally constructed in 1907 and designed by architect Kenneth Murchison in the Beaux-Arts style, the terminal features detailed ornamentation and expansive public halls. The building’s restoration seeks to preserve these architectural features while integrating modern amenities.
Once complete, the second floor will provide approximately 35,988 square feet of leasable area, with an A-3 occupancy classification and capacity for up to 2,084 people. The first floor will offer 14,973 square feet with an occupancy capacity of 1,032.
The project forms part of the wider Hoboken Connect initiative, a public-private redevelopment effort along the Hudson River waterfront. In addition to the ferry terminal restoration, the project includes a new 386-unit residential building—20 per cent of which will be affordable housing—a planned office tower, upgraded public areas such as Warrington Plaza and Hudson Place, and improved transport and pedestrian links, including a new bus terminal and cycling facilities.
Through these coordinated developments, NJ TRANSIT aims to enhance the utility and accessibility of Hoboken Terminal while contributing to the long-term economic and social vitality of the area.
