Business & Finance

Advance Realty Request for Redevelopment Investigation Denied

June 6, 2014 at 10:00 AM

Advance Realty, the management company that owns the property where Sanofi used to be headquartered, has made a request to the township to have the planning board look into whether the site on Route 202/206 is one in need of redevelopment.

Unfortunately, the township turned them down.

Township attorney William Savo said in April that he received a letter from an attorney for Advance Realty requesting to have the site looked into as an area in need of redevelopment. If the township approved a resolution allowing for it, the planning board would hold public hearings concerning the possible redevelopment.

Sign Up for E-News

The site, Savo said, is currently 63 acres. Sanofi moved out of the property, which currently has a few pharmaceutical companies housed in it.

Simply allowing for the redevelopment investigation to begin would not require the township to take any action, except for allowing the public hearings before the planning board to move forward. Advance Realty would be required to prove that the site is an area in need of redevelopment.

If the planning board agreed, the ruling would come back to the township council for approval and any next steps to be taken.

“If the planning board says it is for redevelopment, the council can still say no,” Savo said, adding that there are state requirements Advance Realty will have to fulfill to prove it is an area in need of redevelopment.

Savo said they would have to prove to the planning board, among other things, that not doing a redevelopment plan would lead to blight on the property.

According to an attorney with Advanced Realty, the site was once assessed at $140 million. Now it is assessed at $40 million.

At full build-out on the site (which is currently mostly vacant), the property could be assessed at $179 million.

“We have the ultimate say in what happens,” council president Matthew Moench said. “I think this is a huge benefit to us, having more control is important.”

Councilman Allen Kurdyla agreed.

“There is a significant drop in revenue with how the site is now,” he said. “We want to take this site that is in distress and look at how we can improve the space for Bridgewater.”

But a resolution came before the council at the June 5 meeting, and only Moench and Kurdyla voted in favor of moving forward with the investigation. With councilwoman Christine Henderson Rose absent from the meeting, and councilmen Howard Norgalis and Filipe Pedroso voting against it, the resolution failed and the investigation into redevelopment of the site will not move forward.

TAP Into Another Town's News:

TAP Into Another Town's News:

Sign Up for E-News


Upcoming Events

Tue, January 24, 10:30 AM

Bridgewater Township Library, Bridgewater

Bridgewater Garden Club


Tue, January 24, 12:00 PM

Bridgewater Township Library, Bridgewater

Paying for College. Navigating That FAFSA


Tue, January 24, 12:00 PM

Raritan Public Library, Raritan

Raritan Library Matinee

Arts & Entertainment

Where's the Replacement?

January 17, 2017

To the Editor:

As a chair of the Rare Disease Congressional Caucus, Congressman Leonard Lance has been a strong advocate for those who have been stricken with uncommon health issues and last year helped to pass the 21st Century Cures Act. Yet on Friday, Congressman Lance voted to take away the health insurance of those very souls he claims to be on the side of.

The Affordable Care Act makes ...

Parlin Arrested for Theft of Over $1K Worth of Merchandise at Target, Bridgewater Police Say

January 23, 2017

BRIDGEWATER, NJ - A Parlin man was arrested Jan. 13 for shoplifting over $1,000 worth of merchandise from Target in the Promenade Shopping Center, according to a report from Bridgewater Township Police.

James Manion, 34, was arrested after he was allegedly found with $1,363 worth of merchandise.

In addition, police said, Manion was found to have outstanding warrants from Belleville, ...

Local YMCAs Holding Camp Open Houses

January 22, 2017

BRIDGEWATER, NJ - The Bridgewater and Somerville YMCAs are holding two Camp Open Houses, Jan. 28 and Feb. 25 from 10 p.m. to 1 p.m.

The Bridgewater open house will be held at the facility on Garretson Road, and the Somerville YMCA will hold it at the building on Green Street.

The camp is an opportunity for children to build confidence, friendships and memories.

All members ...

Ciattarelli Kicks off Gubernatorial Campaign at Somerville Elks Jan. 19

January 18, 2017

BRIDGEWATER, NJ - State Assemblyman Jack Ciattarelli, R-16th, a candidate for the Republican nomination for governor, will formally kick off his campaign Thursday, Jan. 19 with a reception at the Somerville Elks after his announcement last week that he had undergone successful surgery for throat cancer in November.

“Overwhelmed and humbled doesn’t begin to describe how my family ...

Are Giant Football Players at Risk for Heart Disease?

Football, by many measures, is America’s favorite sport. Over the holidays, many people spent their time rooting for their favorite college or professional football team. While cheering for your team's 300-pound linemen to protect your quarterback and pick up the pass rush, consider the effects of playing the sport on an athlete's heart health. It is known that obesity and ...

New Jersey Wins Under Lance Mental Health Law

January 10, 2017

WASHINGTON, D.C. ---  Congressman Leonard Lance (NJ-07) today announced that New Jersey has been selected to participate in a demonstration program to expand access to community mental health services and strengthen the quality of care for those living with mental and behavioral health issues. The demonstration program was created under Lance’s Excellence in Mental Health Act, ...