A rendering of Jersey Walk in Elizabeth,NJ.
ELIZABETH, NJ—CMT Developers, LLC of Lakewood, NJ has secured a$56-million construction loan from Los Angeles-based ParkviewFinancial for the first phase of the Jersey Walk development herebeing built on the former Elizabeth General Hospital site.
The Elizabeth General Hospital was shuttered more than twodecades ago. The mixed-use project at 901 E. Jersey St. will bedeveloped on a 5.41-acre site. Construction on phase one has begunwith completion anticipated for Spring 2021.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
