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RED BANK: HIGHER VNA SITE DENSITY URGED

red bank, nj, vna, saxum, 176 riverside aveThe site, at 176 Riverside Avenue, is seen as integral to the borough’s efforts to provide affordable housing. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njThe Red Bank council took steps Wednesday to allow as many as 90 housing units per acre on a key redevelopment site.

But the proposed rezoning of the former Visiting Nurse Association headquarters site would negate a compromise recommendation made by the planning board just last week.

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RED BANK: PLANNERS CAP VNA SITE DENSITY

red bank nj vna 176 riverside saxumRed Bank is negotiating a deal under which the developer would satisfy a “significant” portion of the town’s affordable housing obligation, a lawyer told the board. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njThe site of a vacant office building in Red Bank is a key element in meeting the borough’s affordable housing obligations, a lawyer told the planning board Monday night.

But a proposal to allow the development of up to 90 units per acre on the 2.7-acre former Visiting Nurse Association headquarters site met continued resistance, despite support from Mayor Pasquale Menna.

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RED BANK: VNA, BANK ST. LOT ON AGENDA

Density giveaways at the former VNA site were an issue for planning board members last month.  (Photo by John T. Ward. Click to enlarge.)

[UPDATE: Meeting cancelled for lack of quorum. Next one scheduled for November 19.]

By JOHN T. WARD

On the agenda for Monday night’s Red Bank planning board meeting: continued discussion about whether to create an overlay zone for the former Visiting Nurse Association site, and a plan to build two new homes on Bank Street.

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RED BANK: BOARD RESISTS DENSITY BONUSES

red bank, nj, vna, 176 riverside, saxumThe former VNA building sits on 2.7 acres at the corner of Riverside Avenue and Bodman Place. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njA recommended new overlay zone that would allow generous density bonuses won’t be on the Red Bank council’s agenda for its next meeting Wednesday night.

That’s because members of the planning board, which was tasked with reviewing the proposal, think it gives too much away to the affected site’s new owner.

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RED BANK: REDEVELOPMENT MOVES ADVANCE

red bank nj vna saxum 176 riverside The former VNA headquarters, at Riverside Avenue and Bodman Place, is on track to designation for special redevelopment rights. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD

HOT-TOPIC_03Red Bank’s elected officials were in redevelopment mode Wednesday night, advancing two measures that could reshape the landscape.

One tapped a consulting firm to set up a redevelopment agency to oversee downtown projects. The other initiated a process under which the former VNA Health Group headquarters could be replaced with high-density housing.

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RED BANK: SAXUM SPREE CONTINUES

Located at Broad and West Front streets, Saxum’s latest acquisition has Urban Outfitters as its sole ground-floor tenant. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD

A Morris County-based real estate investment firm has acquired one of downtown Red Bank’s oldest and most prominent commercial structures.

The purchase of the home of an Urban Outfitters store by an arm of Saxum Real Estate is the firm’s third major investment in the town in the past 18 months, and the first for occupied space.

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