By JOHN T. WARD
Here are the highlights of the proposal for a new Red Bank parking garage submitted by Mill Creek Residential, one of five developers to submit plans in response to a borough solicitation earlier this year.
White Street Proposal (not including three alternative concepts also submitted.
Total parking spaces: 779 public in an eight-story garage, plus 188 for residents
Total housing units: 170 in a six-story building.
Commercial/office square footage: none.
Ownership structure: NA
Here’s the complete submission, with sensitive financial information redacted by the borough.
Mill Creek, based in Dallas, Texas, with a New Jersey office in Bedminster, says on its website that it “develops, builds, acquires and operates high-quality apartment communities in desirable locations coast-to-coast.”
Among them is Modera 44, a 268-unit apartment building in Morristown with a 350-space parking garage. The proposal says the Red Bank project would be similar to luxury rental projects Mill Creek has built in Morristown and Parsippany.