Construction of Metro Rahway topped out this week with the addition of what looks to be the beginnings of the attic roof.
The five-story project along Campbell Street and West Cherry Street is expected to be completed later this year. Of the 116 units, 52 will be one-bedrooms and 62 will be two-bedrooms, situated above one level of parking. There will be 120 parking spaces, in addition to 18 on-street spaces.
The Redevelopment Agency last month awarded a nearly $300,000 contract for environmental consulting services related to the Dornoch II/Slokker redevelopment project at Lot B on Main Street.
Skaff’s Cor
ner Pharmacy is no longer on the corner of East Cherry and Main streets in downtown Rahway.
The local pharmacy moved out of its 90 E. Cherry St. location, planning to open today in a new space at St. George Shopping Center on St. Georges Avenue.
Gelber Associates last year built an approximately 2,800-square-foot 
building with two commercial spaces adjacent to its existing storefronts at the shopping center. A Subway franchise relocated from the corner of St. Georges and West Milton avenues into about 1,000 square feet on the west side of the new building and Skaff’s will occupy the remaining space.
A substation on Monroe Street and Clarkson Place, just across the river from downtown, has the interest of a potential developer.
In his report to the Redevelopment Agency at its March 5 meeting, Redevelopment Director Peter Pelissier said he and Interim Mayor Samson Steinman met with Mark Fauci of Iselin-based American Properties about potential redevelopment sites in the city and one area that piqued interest was substation on Monroe Street and Clarkson Place. Years ago, the substation had been discussed in passing as another area for potential redevelopment, with the idea of entertaining Requests For Proposals (RFPs) for the area.
Continue reading Substation eyed for potential redevelopment
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
The 248-unit project proposed on the site of The Center Circle sports complex likely will not require the Rahway River levee to be 18 feet. Rahway Main Street is expected to have a first floor elevation of 14 feet.
In his report to Redevelopment Agency commissioners at the March 5 meeting, Redevelopment Director Peter Pelissier said at the time that there may be some difficulty based on what the Department of Environmental Protection (DEP) sets as a levee. Preliminary conversations between the developer, Lavallette-based AST Development Corporation, and the DEP confirmed that the “flood plain does not appear to extend into the development site.”
A Main Street property that was among more than a half-dozen properties acquired years ago by developer Dornoch Holdings won a tax appeal, knocking about 17 percent off the tax bill for 2012 and a 6-percent reduction in the assessment.
The property at 1501 Main St. (Block 320, Lot 12) had an overall property tax bill of almost $14,700 last year. The assessment for 2013 was $229,700 and reduced by about 6.3 percent to $215,100, according to property records.
The City Council authorized a credit of $2,505.79 due to a judgment of the Continue reading Dornoch property wins tax appeal for 2012
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.