MIDDLETOWN, NJ - Mayor Tony Perry, the Middletown Township Committee and many dignitaries, residents and guests celebrated the ceremonial groundbreaking of the new Town Hall on Thursday, June 20th.
The 72,000 square foot building is scheduled to be completed in 2021. It is expected to be energy efficient and consolidate approximately 55,000 square feet of operations that are currently located in seven different buildings.
The financial structure of the new building is what is called a capital sale leaseback. The Township will incur no new debt and instead make annual lease payments for thirty years. The entire cost of the project will be privately financed by the Township’s designated redeveloper.
During previous reporting, then Mayor Settembrino said “A lot has changed in Middletown in the last 60 years except for our town hall, which has undergone piecemeal renovations over decades creating a number of significant problems that can no longer be ignored. The public-private partnership...will enable us to expeditiously construct a new state-of-the art facility with a minimal impact on taxpayers that will be further offset through revenue generated by the sale or lease of two pad sites along Route 35.”
“The Township can no longer put a band aid on this problem; we have been subjected to litigation over ADA compliance, tort claims over working conditions, and our municipal court operations are in jeopardy over security concerns,” said Township Administrator Tony Mercantante. “A minimum of $15 to $20 million in renovations would be required to maintain or expand the Township’s existing town hall complex to make it minimally compliant with current building codes, police and court regulations.”
Click HERE to view the Project Cost Breakdown, a timeline of the Town Hall Redevelopment Process, a comparison of processes for constructing a new Town Hall complex, and a snapshot of Middletown from 1960 to present.