Work at the Center Circle site on Main Street, namely removing the athletic bubbles, could begin as soon as the fall if permits and other timelines are met, setting the stage for construction of a 219-unit development that gained approval early this year.
Executive Director Leonard Bier briefed commissioners on the project during the May 3 Redevelopment Agency. He said he recently met with Robert D’Anton of Lavallette-based AST Development Corporation, developer of the Center Circle project to review details.
Once permits are approved and a final settlement reached with the owner of the Center Circle, Bier said the bubbles will begin to be removed. That’s the responsibility of the current owner, he said, and is hopeful that it can keep to the original timeline of September. The Center Circle season runs October to April.
In January, the Planning Board approved a preliminary and final site plan for 219 units on the 3.5-acre site at 1255 Main St. (Block 305, Lot 5.02). The property currently is assessed for $1.2 million, yielding property taxes of about $79,500 for 2016, according to property records.
The Center Circle project would be the largest new development within the immediate downtown, slightly larger than the 208-unit Main & Monroe, which is aiming to move forward on least one building by the fall.
The 219 units would be spread across four floors atop a ground floor comprised of 196 parking spaces. Another 78 surface parking spaces would be available along an access drive on the building’s southern side. The lot, which has 183 spaces, would be expanded to 206 by relocating the Wall of Honor located in front of the library.
Previous concept plans presented never materialized but the plan has always been to develop the Center Circle property. It’s been nearly four years since AST Development first proposed a 248-unit development, split among three, five-story buildings. A revised plan was presented in December 2014 by Heartstone Development featuring one 250-unit building.