City Council moved forward with a redevelopment plan that allows buildings as tall as 12 stories across the street from a 16-story hotel and condominium downtown but future development is likely to only be six stories, officials said.
Continue reading Council approves Block 312 redevelopment plan
A new redevelopment plan considered by City Council would allow for a parking garage and maximum building height of 12 stories – significantly higher than the 5 stories currently allowed.
The developer behind two downtown apartment complexes has bought up a strip of Pierce Street properties over the past 26 months.
More than a dozen properties considered underutilized were identified in the downtown strategic plan as “opportunity sites.” Some of the sites already have proposed concepts or in use another way while the plan suggested alternative development options” for others.
The former St. Mark’s Church property would be part of the first for-sale development downtown in more than a decade, under a concept plan presented to the Redevelopment Agency.
Continue reading Townhomes proposed at former St. Mark’s site
The Redevelopment Agency officially issued a Certificate of Completion for REVA Rahway, a rental complex on Main Street at the site of the former Center Circle sports complex that started leasing late last year.
Continue reading Certificate of completion issued for Reva Rahway
City Council extended a Payment In Lieu Of Taxes (PILOT) from 15 to 30 years for Metro Rahway, a 116-unit building on Campbell Street.
A third of the units have leased at a new five-story building in downtown Rahway that opened in mid-December.