As construction and planning for new developments continues downtown, at least one real estate investment firm is aiming to acquire and upgrade existing properties in Rahway.
Continue reading Real estate firm targets undervalued properties
As construction and planning for new developments continues downtown, at least one real estate investment firm is aiming to acquire and upgrade existing properties in Rahway.
Continue reading Real estate firm targets undervalued properties
Four properties once owned by the defunct developer, Dornoch, have been snapped up by another developer who has become active with projects in downtown Rahway.
A new concept plan for a residential development at the Center Circle site on Main Street would see roughly the same number of units but one building as opposed to three separate structures.
Continue reading Revised plan presented for Center Circle site
Construction on Meridia Lafayette Village is expected to begin this week. The 115-unit project is planned at the corner of Main and Monroe streets, where The Savoy, a 36-unit condominium project had been proposed before the real estate market imploded.
Continue reading Lafayette Village to break ground this week
Owners of The Center Circle have requested that the Redevelopment Agency repair the rear parking lot and access way after they claim it was damaged as a result of construction and materials related to the adjacent Meridia Water’s Edge project.
Continue reading Center Circle seeks repairs after project
A two-building, 196-unit project aims to “create a project that is not just a building but a neighborhood,” enhancing walkability downtown and creating “a sense of there in the middle of Rahway.”
A pedestrian-only East Cherry Street? Check. A parklet/pop-up cafe? Check. Signage to offer up some inclination of development projects? Check. Rahway Rising seems to be ahead of the curve a bit when it comes to downtown initiatives. 😛
Unexpected environmental cleanup likely will push back negotiations for The Center Circle property into next year, ultimately delaying a proposal to build nearly 250 units on the site.
Continue reading Center Circle proposal hangs on site’s cleanup