The City Council next month will consider the fourth Payment In Lieu Of Taxes (PILOT) in the last two years, this time for the largest project and the longest program yet.
Continue reading Main Street project would get 30-year PILOT
Category Archives: Apartments
Metro Rahway project moving along
With a completion timeline of later this summer, Metro Rahway continues to rise along Campbell Street with the work on the West Cherry Street side reaching the third story.
The 116-unit apartment complex being built at the former A&M Supply site will include 62 two-bedroom units and 52 one-bedroom units in four floors of living space above one level of parking, with 120 spaces and another 18 on-street spaces.
The A&M Supply building was demolished in June and Metro Rahway got under way later in the year. The project received a 15-year Payment In Lieu Of Taxes (PILOT), approved by the City Council last year, details of which can be found here.
Agency to get additional $100k in fees for project
The Redevelopment Agency will receive another $100,000 in redevelopment fees from Metro Rahway, currently under construction on Campbell Street.
Continue reading Agency to get additional $100k in fees for project
Developer close to acquiring Wheatena lots
The developer behind two downtown projects is close to acquiring properties comprising the former Wheatena site for a possible 400-unit development.
Zoning Board again rejects 12 units
The Zoning Board of Adjustment last night denied an application seeking three use variances to build a three-story, 12-unit apartment building on the site of the former Koza’s Bar on West Scott Avenue.
New plan for former Koza’s Bar site
Five years after a plan to build nine condominium units was approved for the former Koza’s Bar property, a new proposal seeks to construct 12 rental apartments. The Zoning Board of Adjustment is scheduled to hear the new application at its meeting Monday at 7 p.m.
Commissioners debate Lafayette Village facade
Presented with an update on Meridia Lafayette Village, Redevelopment Agency commissioners discussed pros and cons of the new design during their meeting this month, ultimately asking that the developer tone down the stark white on parts of the facade.
Continue reading Commissioners debate Lafayette Village facade
Plan for Mangos shifts farther down Fulton
A plan for 88 rental apartments centered around the Mangos Grill property has been revised to move the project off the corner of East Milton Avenue and farther south on Fulton Street.