The Redevelopment Agency earlier this month adopted a resolution that will allow the city to issue Redevelopment Area Bonds (RAB) to reimburse a developer for part of the cost of extending Monroe Street.
Continue reading Financial agreement for Slokker project amended
The Gramercy on East Cherry Street is expected to be the next downtown development completed, with construction moving along on the adjacent Main & Monroe project and Reva Rahway farther south on Main Street. In all, the three projects total almost 500 rental units.
Catching up on a few openings in recent weeks…
Construction began last week on Reva Rahway, a five-story, 219-unit development, just months after demolition of the former Center Circle on Main Street.
With soil remediation completed earlier this year, foundation work has begun on the first building of Main & Monroe, a 208-unit complex on the site of the former Lot B downtown.
Two business owners raised the questions and concern about the availability of of downtown parking during Monday’s regular, public meeting of City Council.
Demolition of the athletic bubbles at the former Center Circle on Main Street is under way as part of site preparation for a 219-unit rental apartment development.
The Planning Board granted informal approval to minor changes to the Main & Monroe development, namely shifting the lobby entrances to the two buildings from Main Street to a new extension of Monroe Street.
Continue reading Planning Board OKs changes to Main & Monroe project