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Meadowlands plan unveiled by governor.



Two weeks after announcing a plan for a new sports arena in Newark, New Jersey Acting Gov. Donald DiFrancesco Donald Thomas DiFrancesco (born November 20, 1944, Scotch Plains, New Jersey) was the 51st Governor of New Jersey from 2001 to 2002 by virtue of his status as President of the New Jersey Senate, the upper house of the New Jersey Legislature.  has unveiled a master plan for redevelopment of the Meadowlands.

Under the acting governor's Newark arena plans, the New Jersey Devils The New Jersey Devils are a professional ice hockey team based in Newark, New Jersey. They are members of the Atlantic Division of the Eastern Conference of the National Hockey League (NHL). The Devils have won the Stanley Cup three times, in 1995, 2000, and 2003.  and Nets would no longer use the Continental Airlines arena for home games once the new arena is built. But, under the master plan for the Meadowlands, a new stadium for the New York Giants
    This article is about the current National Football League team. For other uses, see New York Giants (disambiguation).

The New York Giants are a professional American football team based in the New York City metropolitan area.
 and Jets would be part of a "urban park" incorporating sports, entertainment, retail and office uses.

"The plan we are presenting represents a vision for the future of the Meadowlands," DiFrancesco said. "It is a bold vision that will likely take 10 or more years to complete."

Under the plans for the new $355 million Newark arena, state taxpayers would not provide any of the upfront costs to construct the stadium. Rather, it would be financed in part by diverting up to $190 million in sales taxes over the next 30 years to service construction debt. YankeeNets, the holding company that owns the Devils, would provide $115 million and $50 million will be financed by revenues generated to Essex County Essex County can refer to:
  • Essex County, Ontario, Canada
  • Essex County, Massachusetts, United States of America
  • Essex County, New Jersey, United States of America
  • Essex County, New York, United States of America
 and the City of Newark.

Among goals for the Meadowlands redevelopment plan are enhancing economic activity that benefits the region and the rest of the state, preserving the fragile Meadowlands ecosystem, reducing outstanding New Jersey Sports and Exposition Authority The New Jersey Sports and Exposition Authority (NJSEA) is a regulatory agency established by the State of New Jersey in 1971 to oversee the Meadowlands Sports Complex. Its first chairman was David A. "Sonny" Werblin.  debt, and reducing traffic in the region, DiFrancesco said.

Among essential plan elements are:

* Building a new football stadium.

* Creation of the Village Center, including a 4,000-seat amphitheater, corporate exposition pavilions, plazas and parks.

* Family entertainment and retail destination featuring family-oriented and sports-themed entertainment, shopping and interactive displays.

* Retention of thoroughbred and harness racetracks with the potential for a new auto racetrack and grand-stand.

* 31,000 parking spaces to handle major events, daily commuters, and regular usage associated with the village and family entertainment complex.

* Preservation and promotion of the Meadowlands ecosystem, including environmental leasing throughout the region that could potentially result in the permanent preservation of the Empire Tract.

* Reduction of traffic through the creation of a rail spur and train station in the village center. Route 120 would be realigned to create one contiguous property to increase the utility of the site and improve traffic.

Like the plan for the Newark arena, DiFrancesco said the Meadowlands redevelopment should be self-financed. The only element of the plan that should be financed by taxpayers is traffic improvements, he said.

Under the master plan, a Sports Entertainment Sports entertainment is a type of of entertainment that takes the form of a sporting event, but with more emphasis on dramatic storylines, humor, spectacle or titillation than on a contest of athletic skills.  District would be created in the Meadowlands that would allow revenues from new developments in the district to be used for improvements.

Among organizations that assisted with developing the master plan are the Port Authority of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 & New Jersey, the New Jersey Business and Industry Association, the Sports and Exposition Authority, the Hackensack Meadowland mead·ow·land  
n.
A tract of land having the characteristics of or used for a meadow.
 Development Commission, the New Jersey Department of Transportation The New Jersey Department of Transportation (NJDOT) maintains the State Highway system in New Jersey. It is headed by the Commissioner of Transportation. The present Commissioner is Kris Kolluri, Esq, who was sworn into office as Commissioner on March 13, 2006. , and New Jersey Transit The New Jersey Transit Corporation (NJ Transit) is a statewide public transportation system serving the state of New Jersey, and Orange and Rockland counties in New York. It operates bus, light rail, and commuter rail services throughout the state, notably connecting to major . Architect Stan Eckstut, a principal at Ehrenkrantz, Eckstut and Kuhn, worked on the master plan.

When the Meadowlands opened 30 years ago, it was "the best facility of its kind anywhere in the world," DiFrancesco said.

"Since it's opening, however, much has changed in both the world of professional sports The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and in the Meadowlands region," he said. "New pressures face the Sports and Exposition Authority, the teams, area residents and the region's infrastructure. Clearly the time has come to look anew at the Meadowlands and re-envision the potential that lies within."
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Author:KEITH, NATALIE
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NJ
Date:Jul 4, 2001
Words:579
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