Meridia Water’s Edge, a 108-unit rental complex that broke ground last year behind the library and Center Circle facility, is expected to be completed in the coming weeks.
Category Archives: Apartments
Metro Rahway aims for late spring 2014
Construction has officially started at Metro Rahway, the 116-unit rental complex near the train station, and is expected to be ready for leasing in “late spring 2014,” according to this report. The four-story, $18-million project on Campbell Street between Elm Avenue and West Cherry Street will replace the A&M Industrial Supply building, which was demolished in June. A&M Supply was still in litigation with the Redevelopment Agency over relocation compensation and appeared headed for mediation last month.
Proposal for Lot B grows to 196 units
Developers are expected to return to the Redevelopment Agency later this year to present an updated vision for two downtown buildings proposed for Lot B on Main Street.
Hotel Indigo leaving, could convert to apartments
The 102-room hotel within Carriage City Plaza will lose its corporate flag next month and the condominium association will consider whether to convert the hotel space into another 68 residential units.
Continue reading Hotel Indigo leaving, could convert to apartments
Agency cool to preliminary plan to replace Mangos
A preliminary plan that would replace Mangos Bar & Grill and adjacent properties with a five-story residential development likely will have to go back to the drawing board to find more parking, among other concerns from the Redevelopment Agency.
Continue reading Agency cool to preliminary plan to replace Mangos
Redevelopment agreement OK’d for Wheatena site
Metro Rahway adds 13 parking spaces
A new plan for Metro Rahway will net an additional 13 parking spaces after acquiring an adjacent lot and adding a fitness center and leasing office to the original proposal. The Planning Board on Tuesday night unanimously approved an amended site plan, relaxing the parking requirements under the city’s redevelopment plan.
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| Building to left was acquired. |
With the addition of 20 spaces as a result of acquiring 91 W. Cherry St., a leasing office and fitness center was added to the Campbell Street side, eliminating seven spaces from the parking garage, according to Clay Bonny, managing member of Heartstone Development. He told the Planning Board that the project probably would be completed by about August 2014.
The 116-unit rental project on Campbell Street between Elm Avenue and West Cherry Street originally had about 107 on-site parking spaces in a ground-floor parking garage and another 18 on-street spaces (a ratio of 1.07 per unit). The additional 13 spaces will bring the total spaces provided to 138 (120 on-site), for a ratio of 1.18 — closer to the 1.25 required in the redevelopment plan. The added parcel also reduces the impervious coverage from 75 percent to 72 percent.
The addition of Lot 6 also allowed for moving the West Cherry Street entrance a little further away from Campbell Street as well as increasing the side setbacks, reducing the building’s footprint. Another adjacent property is for sale by owner but Bonny said it would not affect his project enough to acquire it.
Metro Rahway acquired 91 W. Cherry St. (Lot 149, Block 6) in May for $157,500, according to property transaction records. The property, assessed at about $110,700, paid almost $6,700 in property taxes last year. In all, The developer has spent almost $3.5 million to acquire the six parcels that make up the 1.6-acre Metro Rahway site. The six lots were most recently assessed for a total $1.285 million, generating property taxes of about $77,750.
One longtime West Cherry Street resident spoke during the public session of the meeting, supporting the project but raising concerns about the lack of on-street parking.
Metro Rahway seeks 21 more parking spaces
The Planning Board is scheduled to hear an application Tuesday night that would create another 21 parking spaces for the 116-unit Metro Rahway project on Campbell Street and Elm Avenue.
The plan as approved previously would create a five-story rental development, including a ground-floor parking area of 85 spaces but another 21 parking spaces are sought on a particular lot within the development. The project had planned to use another 17 on-site parking spaces and 18 on-street spaces.
The applicant is seeking to amend an existing board approval for a four-story building on Blocks 149, Lots 1, 5, and 23-25. Lot 6 is sought to incorporate into the project and provide an additional 21 parking spaces and “other associated access and internal circulation improvements,” according to a certified letter to neighbors from Metro’s attorneys, Parsippany-based Pitney Day.
The Planning Board will meet at 7 p.m. in City Council Chambers, 2 City Hall Plaza.Â
UPDATE: If the Planning Board approves the changes, Metro Rahway would have 120 parking spaces on site for the 116 units, plus 18 on-street spaces, according to Clay Bonny of East Hanover-based Heartstone Development, which also built River Place at Rahway “Lots 5 and 6 are adjacent to each other and we can expand the entrance from [West] Cherry [Street] to include parking on both sides of the entry boulevard,” he said in an email.