City officials are scheduled to meet with a developer this week to discuss a project centered around the former Elizabethtown Gas Building at the corner of Hamilton Street and Central Avenue. A presentation to the Redevelopment Agency is expected at its next meeting, April 4.
City Administrator and Redevelopment Director Peter Pelissier briefed commissioners at last week, describing Thursday morning's meeting as a preliminary discussion about what they would like to see at that site. He envisions about 70 residential units for actors to be constructed behind the building with help from The Actors Fund. The gas building itself may be donated to the Rahway Arts District for use as arts space, he said.
In his final State of the City address in 2010 -- as well as his 2009 remarks -- former Mayor James Kennedy described the Elizabethtown Gas building as a possible home for an art school and cooperative gallery and "live-work space for artists."
The 1-acre site was assessed at $496,400 last year, generating a property tax bill of more than $30,000.