It was a ceremonial celebration that was a long time coming – four years of planning, fundraising starts and stops, and a last minute administrative Hail Mary by Monmouth County officials. At 11 a.m. Tuesday, those behind the scenes, from local and county officials to state and federal assists, came together to mark the launch […]

Revitalization of the city’s southwest neighborhood kicked up a notch Wednesday when Michaels Organization announced it has closed on its Renaissance Village housing project. “This is fantastic news, I’m happy as hell,” Mayor Moor said. “We desperately need these affordable units. This came right down to the eleventh hour with a couple of last minute […]

Republican state Senator Jennifer Beck was joined by Asbury Park Councilwoman Yvonne Clayton in announcing this week’s funding of two pinnacle redevelopment projects in Asbury Park. Having failed to receive an award during the first two rounds of the state’s Superstorm Sandy related Fund for Restoration of Multifamily Housing, city officials had said a proposed affordable […]

Mayor John Moor and Councilwoman Yvonne Clayton announced Thursday afternoon funding has been approved for the Boston Way and Michaels Organization housing projects located in the Springwood Avenue Redevelopment zone, west of Memorial Drive. “This is great a day for Asbury Park,” Moor said in a telephone interview. “I am so happy. These are two […]

A vote to extend the Springwood Avenue lease agreement with affordable home builder Michaels Development Group comes before the City Council Wednesday. The Marlton-based redeveloper has been in a holding pattern as it seeks funding to advance Phase One construction of Renaissance Village, a 64-home complex comprised of townhouses and multifamily units between Memorial Drive […]

City officials voted Wednesday to designate The Michaels Organization as one of the master redevelopers of the Springwood Avenue Redevelopment Area. The vote passed 4-1. Mayor Myra Campbell, Deputy Mayor Sue Henderson, Councilman John Loffredo and Councilwoman Amy Quinn voted yes. Councilman John Moor provided the dissenting vote. The Michaels Organization is a Marlton-based company that […]

The terms and conditions of the redevelopers’ agreement have been drafted for a major development project slated for Springwood Avenue between Atkins Avenue and Memorial Drive, and should be finalized by year’s end. City officials met with members of the two organizations selected to redevelop the area earlier this week. The agreement includes stipulations for the phasing […]

Two developers presented plans for five new structures to be built on Springwood Avenue at last night’s council meeting, and the city is now working with them to create a redevelopers’ agreement. The city selected The Michaels Organization, of Marlton, and Interfaith Neighbors, a nonprofit group that operates in Asbury Park, as developers for the […]