This past Thursday, January 23rd, 2025 the South Amboy Planning Board approved the construction of a 4 story apartment building on the corner of Main Street and Broadway. The building will consist of 13 one bedroom and 6 two bedroom apartments. The first floor will be for all parking. The entrance gate on Broadway will be "right in and right out" only. There will also be entry and exit for certain spots onto the ally to the south of the building. The project will mirror Beacon Pointe on the opposite corner and will make for a beautiful entrance for our business district, cleaning up an eyesore on this corner which has existed for many years. The developer entered into a redevelopment agreement with the Redevelopment Agency and there is no Payment in Lieu of Taxes (P.I.L.O.T.) in the agreement. The developer will pay the City a $275,000 developer's fee which will be used to help fund the construction of a parking lot on John St. and Broadway.

The vote was 7 to 0. When open to the public there was no public comment.

Sincerely,
Mayor Fred A. Henry

View Additional Information Here