The vision for the old Wheatena property on Elizabeth Avenue has gone through a number of iterations for more than a decade, from some 300 townhouses to 130 condominiums.
Continue reading Two developers in talks about Wheatena property
Category Archives: Apartments
Possible changes, delays for Lafayette Village
State environmental regulations are forcing some minor design changes for Meridia Lafayette Village while the developer also has requested more space to redesign the 115-unit project more favorably.
Continue reading Possible changes, delays for Lafayette Village
Property for Station Place project acquired
Demolition of the main property for Station Place, a 116-unit rental project, likely will begin later this year after it was acquired by the redevelopment in November for almost $3 million.
Use and occupancy of the 1.3-acre property by A&M Industrial Supply runs through next month and if the Campbell Street facility is vacant by the end of March, the redeveloper expects to start demolition by mid-April, according to Redevelopment Director Peter Pelissier, who briefed the Redevelopment Agency in his report last month.
Completion of the five-story development could be approximately 18 months from the start of demolition. Building permits are expected to be obtained by February 2014. No word on where A&M Industrial Supply would be relocated, which is the responsibility of the redeveloper, Heartstone Development.
The property at 1414 Campbell St. was acquired by Metro Rahway Urban Renewal, LLC in East Hanover for $2.87 million on Nov. 20, according to property records. The 1.3-acre site currently is assessed at $974,800, for an annual property tax bill of about $57,000. The developer also acquired neighboring 1442 Campbell St. for $425,000 in 2007. The project will include 85 parking spaces on the ground level, along with another 17 on-site spaces and 18 on-street spaces.
Lot B: A street runs through it
Survey: Very strong demand for artist housing
Developers of an affordable housing development for artists said there is very strong demand in Rahway, enough for 242 units, or 3 1/2 times more than the 69 units they’ve proposed in the Arts District.
Continue reading Survey: Very strong demand for artist housing
Senior housing facility taking shape
A senior housing development on part of St. Mary’s Church property has reached its apex about eight months after breaking ground.
Lot B — 100 units or 200 units?
The question seems to be: 100 units or 200 units? City Administrator and Redevelopment Director Peter Pelissier told commissioners at the Oct. 3 Redevelopment Agency meeting that he expects meet early next month with a representative of the owner of Lot B area parcels to discuss the size of any resurgent project — basically whether the plan will be for 100 units or 200 units.
One story to go for senior housing
The senior housing development under construction along Esterbrook Avenue has reached new heights in recent weeks, going to up to its third story.