RED BANK, NJ: Part one of a plan for a 59-unit apartment building, plus 2,000 sf of commercial space was unanimously approved by the zoning board last night.
The applicant, 121 Monmouth Street, LLC, discussed demolishing several structures and constructing a 1 ½ story building with 7 units, on the corner of Pearl and Oakland Street in a “dog-legged” configuration.
In addition, the developer is looking to construct a five-story, mixed use structure along Monmouth Street with 52 residential units and 2,000 sf of commercial space. 9 of those units would be designated for affordable housing.
The developers presented a parking plan that would have two levels; one underground and the other at grade level for about 100 parking spaces.
An estimated 125 spaces will be required said Glenn Carter, Director of Planning and Zoning.
Two significant variances were needed. One for density where the maximum permitted density is 16 dwelling units per acre, with 82 proposed; and the maximum permitted height is 40 feet with 61 feet being proposed.
Board member Anne Torre questioned the density of the project saying, “We do have some comparison data from other projects that have been approved, but this is quite a bit denser.”
Architect Simpson responded with several examples of previous approved density variations of nearby developments. “The question that comes back is what is your Master Plan showing? (The plan), discusses 5-stories in height, much higher densities then were originally set up in your ordinance. We’re trying to follow a pathway that your Masterplan is leading as opposed to the literal letter of the zoning board,” said Simpson.
To read the Borough’s Master Plan Re-Examination that was adopted on March of 2019, click HERE.
The applicant has requested a bifurcated use variance which means that they submit a separate application for the variances and (if approved), a subsequent application for the site plan.
Be sure to look at the carousel of renderings of the Monmouth Street project.
In other action, the board approved an amended plan from KLE Properties to replace a previously approved laundromat and four apartments. The laundromat will be replaced with a 49-seat restaurant. Located next to Juanito’s Market, and owned by Juan Torres, construction has begun with several layers of concrete block installed.
The next hearing for the 121 Monmouth Street, LLC project is scheduled for March 19th.
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