Four lots around Monroe and Essex streets would be developed as a 69-unit apartment complex along the Rahway River under a concept plan presented last week to the Redevelopment Agency.
The Planning Board unanimously approved a 213-unit development across the river from downtown, with a variance for studio units and several conditions, including parking.
City Council is scheduled to approve a Payment In Lieu of Taxes (PILOT) agreement that would generate more than $26 million over 30 years for a proposed 292-unit mixed use complex across the river from downtown.
A developer that has proposed 300 units directly across the Rahway River from downtown has restarted the process to acquire properties necessary for the project.