west side redevelopment

Asbury Park

Springwood redevelopment plan amendments approved

Moor splits with council over fear of inadequate parking

By Jill Bartlett


An ordinance that makes several changes to a plan that sets the framework for how the Springwood Avenue corridor will be redeveloped passed its first reading Wednesday. The Michaels Organization, a Marlton-based company that specializes in affordable, mixed-financed housing, seeks to build a mix of 64 residential townhouse and multi-family units within three buildings on vacant lots […]

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Aug 07, 2014
Asbury Park

City, Interfaith ink property tax deal for Springwood Center


By Molly Mulshine


The city council approved a payment-in-lieu-of-taxes program for the Springwood Center at the Nov. 19 council meeting. The program allows local nonprofit group Interfaith Neighbors to pay 5.5 percent of their annual gross revenue from the building for the first 15 years of the center’s existence. After that, payment will increase incrementally over 20 years […]

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Dec 04, 2012