Cranford, NJ redevelopment nearing

from GlobeStNJ (12/1):

December 1, 2008 04:18pm

Redevelopment Deal Said to Be Near
By Eric Peterson

"CRANFORD, NJ-It was designated as an area in need of redevelopment nearly a decade ago, and now a three-acre site along this township’s Rahway River frontage may finally be close to actually getting redeveloped. Garden Commercial Properties has been actively negotiating a redevelopment agreement with township officials," ...
"According to the latest plans unveiled recently by Anthony DiGiovanni, director of development for the Short Hills-based Garden Commercial and a local resident, the riverfront redevelopment plan would encompass 106 residential units, 20,000 square feet of retail space and 14,000 square feet of professional office space" ... "Architectural plans developed by the Union, NJ-based Appel Design Group call for two three-story mixed-use buildings with a four-story residential building to the rear of the site, along with a pair of 3,000-square-foot public plazas. Projected cost of the project has not been released, but according to the source that number could be in the $75-million to $100-million range." ...

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According to the latest plans unveiled recently by Anthony DiGiovanni, director of development for the Short Hills-based Garden Commercial and a local resident, the riverfront redevelopment plan would encompass 106 residential units, 20,000 square feet of retail space and 14,000 square feet of professional office space along South Ave., High St. and the river. Architectural plans developed by the Union, NJ-based Appel Design Group call for two three-story mixed-use buildings with a four-story residential building to the rear of the site, along with a pair of 3,000-square-foot public plazas. Projected cost of the project has not been released, but according to the source that number could be in the $75-million to $100-million range.