Developer of Hoboken Hilton Finalizes Land Deal, Sets Construction Timeline
A hospitality project that has been in the works for over a decade finally has a plan for putting shovels in the ground as the developer behind the proposed Hoboken Hilton has officially acquired a waterfront parcel to realize their vision.
Philadelphia-based KMS Development Partners (KMS) announced that they have closed on a subdivided US Postal Service lot on Sinatra Drive between Newark Street and First Street. The company had unveiled a plan to bring a 20-story Hilton to the property way back in 2016, with approvals being granted the following year.
Click here to read more.