X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONG BRANCH, NJ-Applied Development Co.’s Pier Village mixed-use redevelopment on this city’s oceanfront is getting ready to move ahead with a third and final phase. That phase, with site work under way and actual construction expected to start later this year, will include 200 rental apartments, 75 condos, a 100-room hotel, 20,000 sf of retail and an oceanfront park, according to Applied officials.

Pier Village has already brought 320 rental residential units and more than 100,000 sf of retail to market, and a four-building second phase is set to add another 223 units, 12,000 sf of retail and a 24-unit condo hotel on the 16-acre site along Ocean Blvd. Construction is well under way, with delivery slated for a little later this year.

“This area was crying out for redevelopment,” says architect Dave Minno of the Lambertville-based Minno & Wasko Architects. His firm teamed with the Hoboken-based Dean Marchetto Architects to design Pier Village.

“Just six years ago, this 16-acre site was a virtual ghost town of dilapidated buildings and abandoned housing,” Minno says. “Now there are jobs at Pier Village, and people are making this a destination. Most of the development in this area in the past 20 or 30 years didn’t really promote quality redevelopment or bring jobs to the area.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.