The developer has officially abandoned its approval for condos in the former West Side warehouse temporarily serving as a display location in the ‘Heads’ outdoor art installation but plans a “creative” repurposing of the site, says a partner. (Click to enlarge)
By JOHN T. WARD
The Anderson building and the West Side lofts: they were to have been fraternal twins anchoring nearby corners in Red Bank, injecting an instant, upmarket demographic into a part of town that could use a nudge to reach its potential as an arts and nightlife mecca.
Now, however, as one half of that twosome finally nears an official start, the other one has been nixed.
At last Thursday’s meeting of the borough zoning board, developer Metrovation officially abandoned its six-year-old approval for 23 condos and two street-level stores in the former Anderson Brothers Moving and Storage structure at Bridge Avenue and Monmouth Street, citing poor economic conditions.
At the same time, company officials sought, and won, a minor lot-line change that they said would enhance whatever new plan might follow.