BAYONNE, NJ - Two residential projects and the development of a storage facility are set to be granted 25-year tax abatements following the introduction of three ordinances at the Bayonne City Council meeting Wednesday.
Councilman Gary LaPelusa was the lone dissenting voice on the body.
The two residential projects, The Lofts on Avenue E, will be constructed on the property that previously housed St. Joseph’s Church and its parking lot. Located at 306 and 322 Avenue E the first phase of the project, containing 57 luxury units, will generate about $600,000 for the city’s affordable housing trust fund, according to officials.
A second project will be built at 317 Avenue E, include 95 residential units, and contribute the same amount to the fund.
With construction to begin on the site that previously provided parking the developer and the city are working together deal with issues that some say has worsened with the erection of orange temporary fencing that has further reduced the number of available spots.
“We’re in the process of trying to get some of the parking put back” said Second Ward Councilman Salvador Gullace.
A third project on the agenda Wednesday was the construction of a five-story self-storage facility on land near Route 440 and Mechanic Street that currently houses a number of old vehicles formerly used by Ken’s Marine. In return for the abatement the developer will also create a roadway to connect East 23rd and 24th Streets and contribute $600,000 to the construction of a pedestrian bridge over the railroad tracks.
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