A concept plan presented to the Redevelopment Agency last week proposed a two-building, 174-unit rental complex that would reconfigure on-street parking across the river from downtown.
A dispute over downtown parking should be officially settled by next month, which could pave the way for groundbreaking on the 208-unit Main & Monroe project as early as this year. Continue reading Parking dispute nears final settlement
A series of property sales and lease-backs should settle a dispute over parking that will allow a new development to go forward. Continue reading Dispute over parking nears settlement
City Council will vote on an ordinance next week that would allow the Parking Authority to use part of Bridge Street, which could be used to help settle a parking dispute that’s potentially holding up the next downtown project.
A substation on Monroe Street and Clarkson Place, just across the river from downtown, has the interest of a potential developer.
In his report to the Redevelopment Agency at its March 5 meeting, Redevelopment Director Peter Pelissier said he and Interim Mayor Samson Steinman met with Mark Fauci of Iselin-based American Properties about potential redevelopment sites in the city and one area that piqued interest was substation on Monroe Street and Clarkson Place. Years ago, the substation had been discussed in passing as another area for potential redevelopment, with the idea of entertaining Requests For Proposals (RFPs) for the area.