Almost 1,500 new residential units have been constructed in Rahway over the last 15 years, including more than 1,000 downtown, with another 1,000-plus in the works — either approved and not yet begun or presented as a concept plan.
The 119 properties being studied for potential redevelopment have a total assessed value of $30.733 million, generating property taxes last year of about $1.898 million. Collectively, the properties comprise about 57 acres.
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Monday’s vote to authorize the study of six potential redevelopment areas drew the biggest crowd to a City Council meeting in recent memory as well as the biggest split among the governing body and administration in several years.
City Council approved a preliminary, non-condemnation redevelopment study of six areas of town after residents packed the Council Chambers Monday night with most speakers voicing opposition to the study.
A rare, extended discussion broke out during City Council‘s pre-meeting conference tonight when a trio of council members tried to pull a resolution authorizing a study of potential redevelopment areas. Continue reading Council divided on redevelopment study
Swaths of West Grand and Elizabeth avenues, industrial properties on Regina and New Brunswick avenues, and a shopping center that straddles the border with Woodbridge, are among six areas that could be studied as potential new areas of redevelopment.