88,000-SF Lifestyle Shopping Center Proposed

DENVILLE, NJ-Stanbery Development, based in Columbus, OH, has put a proposal before this North Jersey township’s board of adjustment for an 88,000-sf shopping complex. The project would encompass upscale tenants like the Gap, Ann Taylor and Banana Republic, but the décor would be rustic, tying into this community’s agrarian history and ambience.

The developer still needs variances to proceed. The key one would allow the project to go above the site’s height limit of 30 feet. The site itself totals more than 50 acres, which would allow Stanbery to leave a significant amount of greenbelt area. Public hearings are expected to continue until mid-September, with a vote slated for shortly thereafter.

Stanbery is a new organization, formed recently by principals of Continental Real Estate. The company has its New Jersey office in Manasquan, and currently has one other New Jersey shopping center, the 72,000-sf Marlton Specialty Center in Cherry Hill. Other company projects are located in its hometown of Columbus, as well as in Pittsburgh and metropolitan Washington, DC.