The developer of the former Wheatena property has secured a $31-million loan for the first phase of the 487-unit development, according to a report in Multi-Housing News.
Continue reading Brownstones developer secures phase one loan
Tag Archives: West Grand Avenue
Sewer, water fees set for Brownstones project
City Council approved a deferred payment schedule on water and sewer connection fees for the first phase of the Meridia Brownstones development. Continue reading Sewer, water fees set for Brownstones project
Wine bar in the works for Main Street space
A one-time shoe store and later a banquet hall on Irving Street Main Street that has changed hands a couple times in recent years is expected to be transformed into a wine bar.
Continue reading Wine bar in the works for Main Street space
Riverside Gardens sells for $3.3 million
A 30-unit apartment complex on West Grand Avenue adjacent to the Wheatena section of Rahway River Park changed hands in April for $3.3 million, almost six years after it went for $2.55 million.
A look at redevelopment study areas
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.
Officials spar over ‘plans’ for West Grand Avenue
Monday’s vote to authorize the study of six potential redevelopment areas drew the biggest crowd to a City Council meeting in recent memory as well as the biggest split among the governing body and administration in several years.
Continue reading Officials spar over ‘plans’ for West Grand Avenue
Redevelopment study OK’d after change
City Council approved a preliminary, non-condemnation redevelopment study of six areas of town after residents packed the Council Chambers Monday night with most speakers voicing opposition to the study.
Six new redevelopment areas to be considered
Swaths of West Grand and Elizabeth avenues, industrial properties on Regina and New Brunswick avenues, and a shopping center that straddles the border with Woodbridge, are among six areas that could be studied as potential new areas of redevelopment.
Continue reading Six new redevelopment areas to be considered