Category Archives: Redevelopment Agency

Apartments, Redevelopment Agency, Wheatena

Proposal for Wheatena runs into ‘issues’

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The developer behind a concept to build several hundred residential units at the former Wheatena site has discovered some issues in the title search but also estimates environmental cleanup costs could be more than originally expected.

In his report submitted to Redevelopment Agency ahead of their scheduled May meeting, Executive Director Peter Pelissier updated commissioners on the proposed Brownstones development targeted for the former Wheatena site at West Grand and Elizabeth avenues. Continue reading Proposal for Wheatena runs into ‘issues’ →

Apartments, Downtown, Redevelopment Agency

Agency poised to award environmental contract

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077de-img_5394The Redevelopment Agency will hire an environmental consulting firm to perform an investigation of properties along Fulton Street where a developer has proposed an 88-unit mixed use project.

Continue reading Agency poised to award environmental contract →

Apartments, City Hall Plaza, Downtown, Redevelopment Agency

Unexpected cleanup for Main Street proposal

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Unexpected environmental remediation could derail, or at least delay, a proposed three-building development planned for The Center Circle property on Main Street. Continue reading Unexpected cleanup for Main Street proposal →

City Council, Redevelopment Agency

Redevelopment Agency budget adopted

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The Redevelopment Agency approved a 2014 budget at its April 2 meeting, with revenues of $1.45 million and appropriations of $1.225 million. The agency introduced the budget in November but was awaiting state review. Continue reading Redevelopment Agency budget adopted →

Apartments, Arts District, Downtown, Redevelopment Agency

Redevelopment agreement for artist housing

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A redevelopment agreement approved last month in March requires the Redevelopment Agency to close on the million-dollar acquisition of the Elizabethtown Gas building by September for a proposed affordable housing project for artists. Commissioners approved the agreement at their March 5 meeting (Resolution 16-14).

d3ce5-img_4864The two-story building at 219 Central Ave. (map) (Block 167, Lot 1) has been under contract by the Redevelopment Agency since an agreement was reached in December for $1 million, with $400,000 in escrow for remediation.  Developers have proposed the 71-unit Rahway Residences for the Arts, an affordable housing complex for those working in the field of arts and entertainment. The 6,500-square-foot facility would be renovated and expanded. Continue reading Redevelopment agreement for artist housing →

Apartments, Downtown, Redevelopment Agency

Redevelopment agreement approved for Donoch II project

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The Redevelopment Agency would receive redevelopment fees of $1,000 per unit for a proposed 194-unit project on Main Street, under an agreement approved earlier this month.

Continue reading Redevelopment agreement approved for Donoch II project →

Apartments, Downtown, Redevelopment Agency

2-3 months on Lafayette Village construction

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Groundbreaking on Meridia Lafayette Village could be two to three months away as construction permits are in the process of being secured. By that timeline, construction could begin sometime after Memorial Day.

The view from Dock and Monroe.
The view from Dock and Monroe.

Redevelopment Director Peter Pelissier briefed commissioners at the April 2 Redevelopment Agency meeting about a discussion with George Capodagli, principal of West New York-based Capodagli Property Company.

Continue reading 2-3 months on Lafayette Village construction →

Downtown, Redevelopment Agency

$300k contract for environmental services

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The Redevelopment Agency last month awarded a nearly $300,000 contract for environmental consulting services related to the Dornoch II/Slokker redevelopment project at Lot B on Main Street.

Continue reading $300k contract for environmental services →