The Planning Board gave the green light for a five-story, 219-unit rental apartment complex to be constructed on Main Street adjacent to City Hall Plaza, SDI Technologies and Rahway Plaza Apartments.
Continue reading Planning Board OK’s 219 units for Center Circle
The 119 properties being studied for potential redevelopment have a total assessed value of $30.733 million, generating property taxes last year of about $1.898 million. Collectively, the properties comprise about 57 acres.
The Planning Board is expected to consider an application at its next meeting for the Center Circle property on Main Street. The meeting is scheduled for 7 p.m. on Tuesday and is open to the public.
Rahway’s total taxable value nudged up slightly last year, highlighted by a sharp increase in apartment assessments thanks to a new building on the tax rolls, and a dip among industrial property due to lower assessments on Merck properties.
Demolition of a string of East Cherry Street buildings could begin by the end of the month, making way for construction later this year of a 45-unit project called The Gramercy.
Work could begin as early as next week on the site of the former Elizabethtown Gas building, where an affordable housing development geared toward artists is planned.
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A vacant Pathmark in Delco Plaza that partially sits in both Rahway and Avenel will become a 24 Hour Fitness under an application approved by the Planning Board.
Continue reading Fitness center slated for former Pathmark site