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41°
Friday, nov 29
Tag:
Urban Redevelopment
Business
Shuttered Wedding Venue One Step Closer To Becoming First Grocery Store For NJ Town
One New Jersey town is about to get its first full-fledge supermarket in decades, and it'll be replacing a longtime wedding venue. Lidl is nearly complete with demolition to Snuffy’s Pantagis Renaissance, the more than 80-year-old wedding venue along Route 22 in Scotch Plains that shuttered sometime during the pandemic, according to Tom Strowe, the towns' director of redevelopment. Strowe struggled to remember the last time Scotch Plains had its own grocery store. The closest ones now are the ShopRite in Watchung or South Plainfield, Aldi in South Plainfield, or perhaps Trader Joe…
Real Estate
Historic Jersey City Matzo, Tea Factories Redeveloped In $121.5 Million Deal (
Photos
)
A luxury home developer is partnering with a New York City company to develop a Jersey City condominium community located in an area formerly home to the historic Manischewitz matzo factory and Great Atlantic and Pacific Tea Company warehouse. Toll Brothers and Sculptor Capital Management will be developing the 34-story 259-unit building at 151 Bay St., in Jersey City. Located within the Powerhouse Arts District in Jersey City, 151 Bay St. is being financed through a $121.5 million construction loan from Wells Fargo. The development will consist of 259 studio- to three-b…
Real Estate
Garden State Plaza Reveals Overhaul Plan
The Westfield Garden State Plaza that many shoppers have come to know and love could have a very different look. The mall's owners recently revealed a plan to repurpose three vacant spaces at the mall and bring a new downtown to Paramus, according to report by NorthJersey.com and the USA Today Network. A redevelopment of the mall's former J.C. Penney, Uniqlo and freestanding Best Buy will kick off the project as the first phase, the report says. Three acres of green space connecting the mall to the residential building -- to be constructed on a Paramus Road parking lot -- will be one …
Real Estate
ON3: What You Need To Know About Clifton's Next Generation, Self-Contained Lifestyle Hub
A redevelopment group is working to transform the former Hoffmann-LaRoche campus in Passaic and Essex counties into a self-contained, next-generation lifestyle hub. An L-shaped, luxury hotel complete with rooftop dining and views of the New York City skyline is the latest project slated for ON3, a 116-acre campus along Route 3 straddling the Clifton-Nutley boarder already home to several tenants. "ON3 represents New Jersey’s largest contemplated redevelopment," according to redeveloper Prism Capital Partners, LLC, which you may recognize from its work on the landmark six-story warehous…