FANWOOD, NJ -- Mayor Colleen Mahr, along with Union County Freeholders, members of the Fanwood Borough Council and the Planning Board, joined executives from Landmark Companies, LLC, for the groundbreaking of Station Square Property on the corner of La Grande Ave. and Second St. on Thursday.
"Station Square will transform the face of Fanwood," Mayor Mahr told the crowd. "It's going to be awesome and beautiful."
The property, known to longtime residents of the borough as the "Dean Oil site," has long been of focus of downtown redevelopment in Fanwood. The 35 units will be comprised of 28 market rate rental units and 7 at affordable rates.
Councilman Jack Molenaar recounted that when he first moved to Fanwood in 1993, one of the hottest topics was: "What's going to happen to the Dean Oil site?"
"I'm excited we are breaking ground today," Molenaar said.
Among those attending today’s groundbreaking were Fanwood Council members Jack Molenaar and Tom Kranz, Fanwood Development Advisor Liz Jeffery, Planning Board Vice Chairman Dennis McSherry and members John Steigerwald and Hans Ruhlandt, Union County Freeholders Al Mirabella, Bruce Bergen and Angel Estrada, Landmark Companies owner Michael Gottlieb and company officials Jeff Weinflash, Benjamin Harvitt and Matt Leshetz and site contractor Scott Tomaro of J. Tomaro Construction.
Jeff Weinflash, SVP of Landmark Companies, explained that many factors make the property a valuable one.
"This is a great town, the property is walking distance to the train station, and the municipality is committed to development," Weinflash said.
Station Square is the final piece of the Borough’s award winning Downtown Redevelopment Plan. Although the planning for this project began at the same time as the surrounding development parcels, environmental issues followed by market and other conditions delayed the construction. The site underwent a million dollar, multi-year clean-up under the direction of NJDEP and thereafter a full redesign based upon changing market demand.
Now, at long last, the development site is ready and the funding in place. Landmark will be investing more than $10 million to construct the 35 one-, two- and three-bedroom apartments. With features such as spacious great rooms, car ports, garages, and balconies, the units are sure to have terrific market appeal. The 7 unites will be affordable to low and moderate income households in furtherance of the Borough’s court approved, Affordable Housing Plan.
Landmark Companies, LLC is a diverse real estate company that designs, develops, constructs and manages real estate. The firm has earned a reputation as one of New Jersey's leading residential development companies by its focus on customer satisfaction, its commitment to superior quality construction, and its dedication to planning communities that will continue to grow and thrive.