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Long Branch Working Toward Redevelopment Agreement With Oceanfront Apartment Developer

LONG BRANCH: A redevelopment agreement between the city and a developer is being sought for an oceanfront apartment project.

Black Ridge Realty, Inc. has been conditionally designated as the redeveloper for the project which would consist of the construction of a 40-unit apartment building at 345 Ocean Blvd. The vacant lot is located between Pavilion and North Bath Avenue.

The land is located in the city's Beachfront South Redevelopment Zone and Black Ridge submitted a request for qualifications (RFQ) in August in hopes of becoming the developer of the land. The city established redevelopment zones so it could have more control over what is built there and all projects must first be approved by the council and either the planning board of zoning board before construction can begin.

A resolution passed by the Long Branch Council states that the developer still needs to "refine" the project but that during a 120-day period, the city will not solicit any other proposals for the project. The city will also conduct "further due diligence into Black Ridge and its plans."

The building, at its highest point, will have six floors with parking "below grade", according to architect Jim Monteforte.

It will contain a mixture of 1,300 square foot 2-bedroom units and 2,400 square foot 3-bedroom apartments with 81 parking spaces.

Read more from: Long Branch

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