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Resolution of the Mayor and Council of Princeton Designating an Area of the Municipality, as More Particularly Described Herein, as “An Area In Need of Redevelopment” Pursuant to the Local Redevelopment and Housing Law
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WHEREAS, on November 24, 2025, the Mayor and Council adopted Resolution No. 25-389, requesting and authorizing the Planning Board to undertake a preliminary investigation to determine whether the properties located at 27 Franklin Avenue, Princeton and 101 Walnut Lane, Princeton, and designated on the Official Tax Map of the Municipality of Princeton as Block 7301, Lot 1 and Block 31.01, Lot 105, respectively (collectively, the “Study Area”) to determine if such properties qualify as a “non-condemnation” area in need of redevelopment pursuant to the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1, et seq. (the “Redevelopment Law”); and
WHEREAS, the Planning Board retained the services of Topology NJ, LLC, a professional planning firm (“Topology”) to assist in conducting the necessary investigations and analysis to determine whether the Study Area does or does not qualify as an area in need of redevelopment under the criteria set forth in the Redevelopment Law; and
WHEREAS, Topology conducted such investigations and prepared a report of its investigations entitled “Municipality of Princeton, Preliminary Investigation Report, Non-Condemnation Area in Need of Redevelopment, Block 31.01, Lot 105 and Block 7301, Lot 1” (the “Redevelopment Investigation Report”); and
WHEREAS, the Redevelopment Investigation Report concludes that the Study Area exhibits conditions which conform with various redevelopment criterion under Section 5 of the Redevelopment Law, N.J.S.A. 40A:12A-5, as more specifically set forth in the Redevelopment Investigation Report; and
WHEREAS, on April 16, 2026, the Planning Board conducted a duly-noticed public hearing, pursuant to N.J.S.A. 40A:12A-6, at which time it heard a presentation of the Redevelopment Investigation Report by Christopher Colley, the primary author of the Redevelopment Investigation Report, as well as comments from members of the public in attendance; and
WHEREAS, Mr. Colley responded to questions from the Planning Board members and members of the public; and
WHEREAS, based upon the Redevelopment Investigation Report, Mr. Colley’s testimony concerning the Redevelopment Investigation Report, and the comments from the public, on April 16, 2026, the Planning Board adopted a Memorializing Resolution accepting the findings of the Redevelopment Investigation Report, concluding that the Study Area meets the criteria for designation as an area in need of redevelopment under the Redevelopment Law, and recommending that the Mayor and Council designate the Study Area as an area in need of redevelopment, pursuant to the Redevelopment Law; and
WHEREAS, the Mayor and Council accept the conclusions of the Redevelopment Investigation Report and the Planning Board’s recommendation and wish to designate the Study Area as an area in need of redevelopment.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Municipality of Princeton, County of Mercer, State of New Jersey, that the Study Area described herein be and hereby is designated as a Non-Condemnation Redevelopment Area, pursuant to N.J.S.A. 40A:12A-5 and N.J.S.A. 40A:12A-6.