A developer who last year purchased two East Cherry Street properties plans to acquire two more neighboring properties and raze them all, replacing them with a five-story mixed-used building.
Continue reading Developer plans to raze East Cherry buildings
A citywide Special Improvement District (SID) that generates $600,000 to $700,000 would be the largest single one among Union County’s 14 districts.
A planned five-story, 115-unit rental complex has begun to rise at the corner of Main and Monroe streets.
The concept for the Rahway Residences for the Arts appears to be getting smaller while the Redevelopment Agency continues to work toward acquiring the Elizabethtown Gas Building for the project.
The average property within an expanded, citywide Special Improvement District (SID) would pay about $1,437 in taxes to the SID, but the average among industrial properties and apartments would be nearly twice as high as commercial properties.
Continue reading Breakdown by property of expanded citywide SID
The Parking Authority has acquired the New Era Sportswear building on East Cherry Street.
With construction under way on the 115-unit Meridia Lafayette Village, the next significant downtown project could break ground within the year, possibly before the end of 2015.
The Redevelopment Agency this month designated a redeveloper for a proposed 75-unit mixed-used project downtown.