Business & Finance

Bridgewater Mall Gets Extension on Deadline for Development

d556f48e9d00ca786ffa_mall_photo.jpg
d556f48e9d00ca786ffa_mall_photo.jpg

BRIDGEWATER, NJ - The Bridgewater Commons Mall aims to continue to redevelop its property in the future – but wants more time to consider it.

The township’s governing body ratified a resolution at its Sept. 7 meeting to authorize the execution of a third amendment to the consolidated Phase I property redevelopment agreement for the nearly 30-year-old enclosed mall.

Prior to passage of the resolution by a 5-0 vote, township attorney William Savo said that another 3,500 square feet of land for the mall is available for redevelopment.

Sign Up for E-News

“They’re asking for a five-year extension,” he said of the resolution regarding how it will deal with the open square footage.

The upscale three-level regional shopping complex, which opened in 1988, is situated just off Routes 22, 202 and 206, plus Interstate 287. The mall’s anchors include Bloomingdale’s, Lord & Taylor and Macy’s, to go with more than 170 retail stores. 

The mall also boasts a food court and a seven-screen movie theater while a third stand-alone restaurant opened at the mall earlier this year.

According to the International Council of Shopping Centers at icsc.org, Bridgewater Commons boasts a gross leasable area (GLA) of 900,000 square feet. The property is also surrounded by office buildings, and is not far from Bridgewater’s municipal complex, which, like the mall, is also located on Commons Way.

Savo said there have been a lot of new ventures concerning the mall, and that he and Bridgewater Mayor Dan Hayes have met recently with the mall’s attorney, Kevin Coakley.

“We think it’s a reasonable request,” said Savo, about the extension of the agreement to determine what to do with the remaining square footage.

Save added that the resolution is simply about the extension, and that the mall could conceivably come back before the council with other issues it might have or options for building in the future.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Bridgewater/Raritan

Vauxhall Man Arrested for DWI, According to Bridgewater Police Report

May 19, 2018

BRIDGEWATER, NJ - A Vauxhall man was arrested for driving while intoxicated after being stopped on Route 22 West May 11, according to a report from Bridgewater Township Police.

James Scott, 37, was charged after being stopped for a motor vehicle violation.

Scott was issued motor vehicle summonses for driving while intoxicated, refusal to submit to chemical testing of his breath, reckless ...

Bridgewater Hosts Second Community Narcan Training

May 13, 2018

BRIDGEWATER, NJ - Bridgewater Township Councilman Matthew Moench hosted a second free community Narcan Training May 8, in consultation with Rutgers University and Robert Wood Johnson Medical School's Division of Addiction Psychiatry.

The event, according to a release, brought together citizens from around the community to learn how to recognize overdose symptoms and implement life saving ...

Lord Stirling Theater Company To Perform Shakespeare’s ‘Othello’ at Farmstead Arts Center in Basking Ridge June 1-10

May 20, 2018

BASKING RIDGE, NJ - The Lord Stirling Theater Company will perform William Shakespeare’s “The Tragedy of Othello, the Moor of Venice,” in the English Barn Theater at the Farmstead Arts Center, in Basking Ridge.

“Othello” will open on June 1, at 7:30 p.m., with additional performances June 2 at 7:30 p.m., June 3 at 2 p.m., June 8 and 9 at 7:30 p.m., and ...

'To Kill a Mockingbird' Sustains Timeless Appeal

SUMMIT, NJ – The Summit Playhouse provides a stellar production of a much loved classic, “To Kill a Mockingbird.”

The Harper Lee novel, later a Gregory Peck film and now a stage production, retains all the warmth, intensity and integrity that made it such an appealing hit in the 1960s. And there will be a new production on Broadway in December with a script by Aaron Sorkin ...

'The Sting' with Harry Connick Jr. Slithers and Shakes at Paper Mill

MILLBURN, NJ – In a premiere production of “The Sting,” Harry Connick Jr. commands the Paper Mill Playhouse stage.

Based on the sensational Paul Newman/Robert Redford film in 1973, the 1930s plot centers on a con game and gambling, sometimes on a train between New York and Chicago.  Scott Joplin’s music is intertwined with the show, especially “The ...

To Borrow or Not to Borrow?

If you are like me, you have debt. Whether it’s your mortgage, student loans, or credit cards – or all of the above – most people carry debt. It helps us pay off important but high cost expenses over time and makes them affordable and it helps us through difficult times when perhaps our cash flow isn’t what we need it to be. However, sometimes it just feels ...

$300 Million Fraud Accusation - NJ Resident, Parmjit "Paul" Parmar, 48, Former CEO of a Healthcare Services Company

May 17, 2018

NEWARK, N.J. – The former CEO, CFO and an executive director of a publicly traded health care services company were charged today with allegedly orchestrating a widespread scheme to defraud investors and others out of hundreds of millions of dollars in connection with a merger transaction designed to convert the company into a private entity, U.S. Attorney Craig Carpenito and Acting ...