A rendering of the planned Riverwalk project, which is to replace the building at 24-30 Mechanic Street, below. (Click to enlarge)
By JOHN T. WARD
After six years of dormancy, a 24-unit residential building planned for Mechanic Street in Red Bank is about to go into the ground, says its developer.
Only, not as far into the ground as initially expected.
Builder Tony Busch Sr. won unanimous borough zoning board approval last week to modify plans ok’d in 2006 for a four-story project dubbed Riverwalk. The changes include eliminating of all retail space at the ground level and replacing it with at-grade parking beneath three stories of residences. The original plan called for subterranean parking garage.
The project could begin going into the ground as early as next spring, except that “there’s no hole to dig,” Busch told redbankgreen.