New Jersey A3535 allows conversion of certain office parks and retail centers to mixed-use developments.
New Jersey A3535 establishes a limited preemption from local zoning regulations for converting office parks and retail centers into mixed-use developments. The bill defines "eligible property" as an office park of at least 50,000 square feet or a retail center of at least 15,000 square feet with a vacancy rate of at least 40 percent, located within specific planning areas or near transit centers. The bill requires that the height and setback limitations for a converted mixed-use development be the greatest height and least restrictive setback limitations allowed within the zoning district.
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