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11/24/09 Special Meeting
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11/24/09 Special Meeting
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Last modified
5/21/2025 2:32:56 PM
Creation date
11/19/2009 11:50:34 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing and Redevelopment Authority-Special
Document Date
11/24/2009
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<br />bbpc <br /> <br />ASSOCIATES <br /> <br />Oceanfront-Broadway Redevelopment Program <br />Long Branch, New Jersey <br /> <br /> <br /> <br />~ <br />"~,,; '~~~.:t~~::;:~~;.. <br /> <br />;: <br /> <br />Client City of Long Branch, NJ <br /> <br />Project OvelView: <br />. Residential Development <br />. WatetfrontArea Development <br />. Development Packaging <br />. Wot1<force/ Affordable Housing <br />. Tax Increment Financing (TIF) <br /> <br />Guiding the developer solicitation, proposal evaluation and agreement negotiation phase of this urban <br />redevelopment process involving 142 acres of oceanfront properties held in private ownership which has <br />been partitioned into five development sectors for planning purposes. Assisting the City to secure <br />funding from the State of New Jersey for land assemblage and building demolition purposes. Evaluating <br />five residential and commercial development proposals. <br /> <br />The Oceanfront - Broadway Redevelopment Program is recognized as the "premier waterfront <br />redevelopment project in the state" and the first program which streamlined the development approval <br />process (from two years to six months). <br /> <br />Basile Baumann Prost Cole & Associates, Inc. <br /> <br />Public/Private Development Advisors <br />
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