From NorthJersey.com:
When a developer devised a plan in early 2006 to turn Little Ferry's drab industrial area into a 12-acre, tax-generating waterfront, the concept appeared enticing.
A hotel along with restaurants, retail shops, condos, office space and parkland would replace an abandoned pipe company and several underused commercial sites along the Hackensack River.
But the plan created an uproar among residents because it called for designating the area blighted and condemning several homes and small businesses through eminent domain.
The project was shelved within a month.
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