Hailed as an historic public-private partnership when it was built 10 years ago, Rahway’s three-story public library facility finally has tenants for its long-vacant office space. All the new activity is creating new issues at the complex.
Continue reading Tenant activity pushing library to new limits
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.
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
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.
The 248-unit project proposed on the site of The Center Circle sports complex likely will not require the Rahway River levee to be 18 feet. Rahway Main Street is expected to have a first floor elevation of 14 feet.
In his report to Redevelopment Agency commissioners at the March 5 meeting, Redevelopment Director Peter Pelissier said at the time that there may be some difficulty based on what the Department of Environmental Protection (DEP) sets as a levee. Preliminary conversations between the developer, Lavallette-based AST Development Corporation, and the DEP confirmed that the “flood plain does not appear to extend into the development site.”
Due to “popular demand,” our “Tax appeal week” posts have been extended into another week. OK, the real reason is I couldn’t get it done last week.
Continue reading Office center settles for 25% tax appeal reduction
Three, five-story buildings containing almost 250 rental apartments would replace The Center Circle and reconfigure parking and access around City Hall Plaza, according to a concept plan presented to the Redevelopment Agency last week.
Continue reading Proposal would put 250 units on Center Circle site
The five-story Meridia Water’s Edge appears to have reached its highest point.
The 108-unit project between the library and Rahway Plaza Apartments broke ground last spring and will include 52 two-bedrooms, 38 one-bedrooms with an office, and 18 one-bedrooms. The Planning Board approved an application that included just 87 parking spaces, with the developer, Capodagli Property Company, to secure another 21 parking spaces from the Rahway River Condominium Association (which owns the building in which the library is located, along with the office space on the upper floors).
Construction manager Jim Wendell told the Redevelopment Agency at its meeting in January that the building likely would top out by sometime in March.