The Planning Board unanimously approved preliminary and final major site plans for a 487-unit rental development at the former Wheatena site on Elizabeth and West Grand avenues.
Continue reading Planning Board approves 487-unit Brownstones
Tag Archives: Capodagli Property Company
Lafayette Village to break ground this week
Construction on Meridia Lafayette Village is expected to begin this week. The 115-unit project is planned at the corner of Main and Monroe streets, where The Savoy, a 36-unit condominium project had been proposed before the real estate market imploded.
Continue reading Lafayette Village to break ground this week
Water’s Edge almost two-thirds leased
Temporary Certificates of Occupancy (TCO) have been issued for all four residential floors of the 108-unit Meridia Water’s Edge complex and about 70 units have been leased to date.
Council to consider PILOT, changes to Brownstones
Council to consider PILOT for Meridia Brownstones
The developer of a proposed four-building complex on the former Wheatena property on Elizabeth Avenue is seeking a Payment In Lieu Of Taxes (PILOT) to the city that would average about $1 million annually for 30 years.
Continue reading Council to consider PILOT for Meridia Brownstones
Proposal for Wheatena runs into ‘issues’
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’
2-3 months on Lafayette Village construction
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.
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
Meridia Water’s Edge begins leasing
Temporary Certificates of Occupancy (TCO) have been granted for the first two floors of Meridia Water’s Edge and the 108-unit complex has executed agreements with 15 tenants so far. Redevelopment Director Peter Pelissier briefed commissioners at their April 2 meeting after speaking last week with developer George Capodagli of Capodagli Property Company.