Saxum owns the former VNA site, viewed here from the former Raceway gas station on Riverside Avenue. (Photo by John T. Ward. Click to enlarge.)
By JOHN T. WARD
Saxum Real Estate‘s request for a controversial zoning change in Red Bank hit a solid brick wall Monday night.
At a meeting that lasted just 12 minutes, the borough planning board unanimously rejected a proposal that objectors feared would lead to massive tax breaks for the developer.
The resumption of a Red Bank planning board hearing on a controversial request for a zoning change has been postponed again.
A rendering of Saxum’s planned project at Riverside Avenue and Bodman Place. (Click to enlarge)
By JOHN T. WARD
Opponents of a potential tax deal for a massive proposed development in Red Bank may have to cool their heels until October to challenge the first step in the process.
Saxum’s project would replace the former Visiting Nurse Association headquarters at 176 Riverside Avenue. (Photo by John T. Ward. Click to enlarge)
By JOHN T. WARD
Red Bank’s planning board kicked off a process Monday night that could result in a rezoning of prime real estate.
But while the ultimate goal of the effort – a tax break for a developer – was not under immediate consideration, it was clearly on the minds of objectors, including at least one board member.
The 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
A 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.