Welcome Visitor
Today is Monday, June 1, 2020

Eatontown Mayor Hopeful For Future Development Of Fort Monmouth

EATONTOWN: Mayor Dennis Connelly says several projects in the borough's section of Fort Monmouth are beginning to take shape.

Connelly updated the public on the status of three major upcoming redevelopment projects at the fort during the Jan. 13 Eatontown Council meeting.

He said the borough's Fort Monmouth Ad Hoc Committee will meet with the prospective developer of Parcel B during a special meeting on Feb. 3.

Parcel B fronts Route 35 and calls for 250,000 square feet of retail development and 302 housing units, with the preference for owner-occupied structures. It has been tabbed as a new town center for Eatontown.

"The developer is very eager to invest in this property," Connelly said. "The CEO wanted to meet with the ad hoc committee because he wants the town's input for their concept."

The Fort Monmouth Economic Revitalization Authority (FMERA) has not yet entered into exclusive negotiations with a developer for Parcel B, but could within the next few months.

FMERA is still in negotiations with potential developers of Howard Commons, a Fort Monmouth property at the intersection of Hope and Pinebrook Roads. The Fort Monmouth Reuse Plan for the property calls for 275 housing units and up to 15,000 square feet of "convenience retail facility."

"I am happy to report..that although they have had a few issues, the FMERA staff does believe that the negotiations are moving in a positive direction," Connelly said.

He said the ad hoc committee has reviewed some of the plans, but that there have been subsequent revisions.

FMERA issued a request for offers to purchase (RFOTP) for Suneagles Golf Course last year with a closing date of Feb. 5.

Connelly said the RFOTP has generated interest from developers.

"I do know there is some interest in the golf course and hopefully we will see a conference center go up there and we'll find out how many bidders there are on (Feb. 5)."

* Click on the links in the story to read more about each proposed project at Fort Monmouth.

Read more from: Eatontown

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: