The developer of the proposed 120-unit Meridia Chateau on Main Street will rename the project Lafayette Village, which was suggested by the Redevelopment Agency.
Continue reading Meridia Chateau now will be Lafayette Village
Tag Archives: Main Street
Chagrined by Chateau’s density, lack of retail
The high density, absence of retail space and narrow sidewalks are among the primary concerns with the Meridia Chateau proposal, according to an analysis by the Redevelopment Agency.Continue reading Chagrined by Chateau’s density, lack of retail
Tax break could run as much as $160k/year
The 10-year Payment In Lieu of Taxes (PILOT) for Meridia Water’s Edge will reduce the property tax bill on the rental development by anywhere from about $85,000 to $160,000 annually. Over the next decade, that could mean a minimum savings of $1 million to $1.6 million, and likely much more as taxes rise.
Aromalicious cafe up for sale
Aromalicious, we hardly knew ya. The Portuguese pastry shop opened for business just around the start of 2011 and barely lasted a year. A few weeks ago, a sign on the front door indicated the shop was closed for vacation and more recently a “Business for Sale” sign has graced the storefront at 85 E. Cherry St.
Across the street, it appears a clothing store has opened, next to the Cherry Street Farmer’s Market, and further up the street, a beauty supply shop has taken over the space at 43 E. Cherry St. that was occupied by Pet Essentials, which moved around the corner to the former Kataluma Chai space on Main Street.
120-unit Meridia Chateau proposed at Savoy site
A 120-unit rental complex proposed for the former Savoy site would nearly four times the size of previous plan’s density. The Savoy, which broke ground in 2006 at the corner of Monroe and Main streets but stalled and went into default last year, was to be a 36-unit, two-bedroom condo development.
Continue reading 120-unit Meridia Chateau proposed at Savoy site
New concept for The Savoy site to be presented
A new concept plan for the defunct Savoy project — likely to be several times larger than the 36 units originally envisioned — is expected to be presented to the Redevelopment Agency next week.
Continue reading New concept for The Savoy site to be presented
Agency closes on sale for Water’s Edge parcel
The Redevelopment Agency last month closed on the $1-million sale of a three-quarter-acre parcel where a 108-unit rental complex will begin construction this spring. Pompton Plains-based Capodagli Property Company will undertake the project under the name Meridia Water’s Edge Urban Renewal, LLC.
Continue reading Agency closes on sale for Water’s Edge parcel
Rahway Rising Happy Hour next week
Back by popular demand — and far too long in the making — the next Rahway Rising happy hour will be next Thursday, Jan. 26 at Nancy’s Towne House.
The groupies tend to start arriving around 6 p.m. Hope to see you there. Anyone with an interest in having some fun, maybe chatting a little about redevelopment, or just meeting your neighbors. All are welcome.
We’ll also be raffling off two tickets to The Rahway Taste of Spring. Maybe afterward we’ll all hit up the Mayors Council on Rahway River Watershed Flood Control meeting at 7:30 p.m. in the library.