Esperanza and Asbury Park

Asbury Park

Planning Board grants iStar 1101 Ocean approval

Construction could be completed in 2017

By Michelle Gladden


iStar’s 1101 Ocean high rise project won unanimous Planning Board approval Tuesday night. Market conditions and further agreements with the City Council will be the next catalyst for the construction of 1101 Ocean, iStar Senior Vice President of Development Brian Cheripka said. Once funds and agreements are in place construction would take 2 to 2½ […]

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Oct 07, 2015
Asbury Park

City Council grants iStar conceptual approval

Project headed to Planning Board for site plan approval

By Michelle Gladden


The 1101 Ocean project is headed to the Planning Board. The Asbury Park City Council unanimously voted Wednesday to approve waterfront redeveloper iStar’s conceptual plans for its 16-story high rise at the former Esperanza site. If all approvals are met construction would begin next spring and be completed within 2-2½ years, iStar Senior Vice President […]

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Sep 24, 2015