RED BANK, NJ: Fifteen months after Saxum Real Estate submitted their redevelopment plan, the Red Bank Planning Board approved the demolition of the VNA building and construction of a five-story mixed-use structure with 210 residential apartments including 9,000 sf of commercial space.
The apartment project will include thirty-two affordable housing units that will help Red Bank meet that legally mandated obligation. "For those in the low to moderate income, they have the same advantages as the Supreme Court says they do, and we're not afraid to do it," said Mayor Menna.
Louis DiMento was the only board member to vote no, Juanita Lewis abstained and several members voted, “Yes, with reservations.”
Back in December 2018, the borough council rejected the Planning Board’s recommendation to allow 80 units, not including the required affordable housing units. That decision was overturned by the council. To read that previous TAPinto Red Bank article, click HERE.
The developer made the only change requested by the board which was to move the public plaza from the corner of Riverside Avenue, to Bodman Place. See the carousel for the graphic of the revised plan.
A contingent of neighbors were not happy. Several residents wanted to speak to the board, but were told that the issues they wanted to raise were discussed in previous meetings and that the public comments had been closed.
Peter Schkeeper, a 28-year resident on Bodman Place said, "We were never alerted to that ordinance change, to allow this development plan to take place. The Planning board apparently has a requirement that residents be notified but the ordinance change doesn't require that. The sad thing is the lack of us being alerted, prevented a healthy discussion."
The attorney for Saxum said that after finals approvals such as CAFRA and county requirements, the project would take about two years to complete.
To read the original redevelopment plan, click HERE
To watch a video of the meeting, courtesy of Suzanne Viscomi, click HERE.
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