Waterfront redeveloper iStar Residential has signed an agreement with K. Hovnanian Homes to build townhouses on the western edge of the Asbury Park waterfront redevelopment zone on Grand Avenue. The project will be located at the intersection of Grand and Monroe avenues, according to a news release issued by iStar this morning. K. Hovnanian Homes […]

As part of the waterfront redevelopment project, demolition has begun on a Grand Avenue building that last housed a Felix Fox paint store. The brick structure [above] had been hollowed out as of Tuesday morning. Demolition of the structure is expected to take two weeks, according to Brian Cheripka, vice president of land for iStar […]

Decorative scrims covering the cement and rebar skeleton of the Esperanza building have been installed by waterfront redeveloper Asbury Partners. The scrims are part of the Summer Experience initiative initiated by waterfront redeveloper iStar Financial, which is the majority shareholder in Asbury Partners. IStar recently placed hammocks, lockers and bath houses on the waterfront for members of its […]

Demolition of the former Fast Lane nightclub building [above at right] has been put off until next week, according to Brian Cheripka, vice president of land for waterfront redeveloper iStar Financial, which owns the property. Demolition equipment should arrive today or Monday, with the work now expected to begin on Tuesday, Cheripka said. Special care […]

The building once housing the Fast Lane nightclub is scheduled to be torn down this week. Waterfront redeveloper iStar Financial owns the property, and the company will be conducting the demolition, according to Brian Cheripka, iStar’s vice president for land. Cheripka also confirmed the plan to demolish the structure this week. The building [above at […]

Waterfront redeveloper iStar Financial was granted permission by the city council on Wednesday to install new bike racks on city property in the waterfront area. The number and location of those racks will now be determined administratively by city staff, according to Donald Sammet, the city’s director of redevelopment and planning. The council’s vote was to […]

It may not be Boca Raton, but the Asbury Park waterfront now has palm trees from Florida. The trees were trucked up from the Sunshine State by waterfront redeveloper iStar Financial. The palms have been placed in the southern portion of the waterfront where iStar is offering upgraded amenities as part of its “Summer Experience” […]

Waterfront redeveloper iStar Financial is seeking permission from the city council to install 10 new bike racks in the waterfront area. The item is on the agenda for Wednesday night’s council meeting. Brian Cheripka [right], vice president for land management at iStar, also shared the plan with the city’s Environmental Shade Tree Commission in a […]

The broken concrete that occupied the space between Stella Marina and the old carousel building is being transformed into a waterfront plaza for use until the time comes when the Casino area is redeveloped. The site is part of the area being redeveloped by boardwalk redeveloper Madison Marquette under the waterfront redevelopment plan, although waterfront […]

The longstanding skeleton of the Esperanza building will be partially covered with a decorative scrim this summer. Waterfront redeveloper Asbury Partners is planning to bring bath houses and lockers to the waterfront area through the proposed Summer Experience, and placing a scrim on the Esperanza is part of that plan, said Brian Cheripka at the […]