Category Archives: Redevelopment Agency

Water’s Edge almost two-thirds leased

Temporary Certificates of Occupancy (TCO) have been issued for all four residential floors of the 108-unit Meridia Water’s Edge complex and about 70 units have been leased to date.

Continue reading Water’s Edge almost two-thirds leased

Council to consider PILOT, changes to Brownstones

Meridia Brownstones from Elizabeth AvenueCity Council will vote tonight on a 30-year Payment In Lieu Of Taxes (PILOT) for Meridia Brownstones (0-21-14) as well as an amended redevelopment plan (O-22-14) and revised redevelopment agreement (O-23-14).

Continue reading Council to consider PILOT, changes to Brownstones

City to loan $750k for E’town Gas acquisition

The City Council will vote Monday on a $750,000 bond ordinance that would serve as a bridge loan for the acquisition of the former Elizabethtown Gas Building on Central Avenue (map).

Continue reading City to loan $750k for E’town Gas acquisition

Commissioner expresses support for signage

764fc-dockstreetWhen Tim Nash leaves Luciano’s and looks across the street, he’s reminded how terrible the vacant lot looks. There’s a fence but not much activity at the corner of Main and Monroe streets of late. Most of the action has been going on out of sight, at Zoning Board meetings and through the state permitting process, but construction on the 115-unit Meridia Lafayette Village is expected to start later this year.

Continue reading Commissioner expresses support for signage

State Comptroller requests documents

The Office of the State Comptroller (OSC) last month requested documents related to the Redevelopment Agency and Rahway Arts District (RAD). The state office asked for documents dating back to January 2009. The inquiry was included in the correspondence of last week’s Redevelopment Agency meeting agenda (Pages 14-15). Continue reading State Comptroller requests documents

Proposal for Wheatena runs into ‘issues’

The developer behind a concept to build several hundred residential units at the former Wheatena site has discovered some issues in the title search but also estimates environmental cleanup costs could be more than originally expected.

In his report submitted to Redevelopment Agency ahead of their scheduled May meeting, Executive Director Peter Pelissier updated commissioners on the proposed Brownstones development targeted for the former Wheatena site at West Grand and Elizabeth avenues. Continue reading Proposal for Wheatena runs into ‘issues’

Agency poised to award environmental contract

077de-img_5394The Redevelopment Agency will hire an environmental consulting firm to perform an investigation of properties along Fulton Street where a developer has proposed an 88-unit mixed use project.

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Unexpected cleanup for Main Street proposal

Unexpected environmental remediation could derail, or at least delay, a proposed three-building development planned for The Center Circle property on Main Street. Continue reading Unexpected cleanup for Main Street proposal