Redevelopment Agency commissioners went into executive session at their monthly meeting Wednesday night to discuss ongoing talks with Carriage City Properties (CCP) about a settlement agreement.
Category Archives: Downtown
Shore-based developer interested in The Savoy
A Jersey Shore-based developer is apparently interested in acquiring the stalled Savoy project on Main Street.
Continue reading Shore-based developer interested in The Savoy
Art sneaking into downtown
The first of several planned public art pieces recently went up in the alley between Main Street and the River Place parking lot.
A few more murals are expected to go up in the alley over the next few months and others are tentatively planned, according to Jim McKeon of the Art Hive.
The Art Hive also will take over space in the former Main Street Barber Shop storefront on Main Street. McKeon expects the first official opening at the site this summer.
The space is three times the size of the East Cherry Street storefront and will allow up to eight artists. The Main Street building will be the first of a pilot program to transform empty store windows into art exhibitions, McKeon said, along with new awnings.
Dirt makes way for more parking near Lot B
Temporary sidewalks have been constructed along The Savoy site in recent weeks. The site has stockpiled some of the dirt from across the street adjacent to Lot B where additional surface parking is planned this summer.
Agreement reached on sewer dispute
The city has reached tentative agreement on a dispute over sewer connection fees for a proposed Irving Street restaurant.
A year after settlement, city & Carriage City in talks
City officials met with representatives of Silcon/Carriage City Properties (CCP) early this month to discuss money owed the Redevelopment Agency, a year after approving a settlement agreement with the developer.
Continue reading A year after settlement, city & Carriage City in talks
City buys Beverage Shop for $80,000
The city will buy the former Beverage Shop for $80,000 — $50,000 less than what the Rahway Center Partnership (RCP) paid for it nine years ago.
Rundown of related redevelopment news
Catching up on a few news items around the Interwebs that relate to redevelopment locally in one way or another:
* Here’s not one but two stories from Hoboken Patch about temporary art studios filling vacant storefronts in Hoboken and “Empty Storefronts: Bad for the Economy; Good for Art.” If that idea sounds familiar, it’s because Mayor James Kennedy mentioned it earlier this year, patterning it after a similar program in Asbury Park.
* There’s also this Crain’s New York piece (“Bronx merchants’ artsy ambitions”) about leaders in the Westchester Square neighborhood of the Bronx turning the area into a “nexus of art and commerce.”
* Also, Cranford narrowly approved expanding its Special Improvement District (SID). If you recall, Rahway did the same, to include the Hamilton Street arts projects, but also shifted management of the SID funds (roughly $140,000 annually) from the Rahway Center Partnership to the Rahway Arts District.