>From today's Asbury Park Press on 01/2/06

It's been three years since Asbury Park signed a redevelopers'
agreement with Asbury Partners to breathe new life into the city's
beachfront. Progress has been made. The boardwalk has been rebuilt,
new benches and lighting have been added, and the walkway through the
Casino has been opened.

But more needs to be done. The city is growing increasingly and
understandably concerned about Asbury Partners' failure to proceed
more quickly on the rehabilitation of the Convention Hall/Paramount
Theatre complex and the Casino, and the reconstruction of the
boardwalk pavilions. Even more troubling is the redevelopers' failure
to come up with a well-defined game plan for enticing suitors to the
retail-entertainment portion of the redevelopment zone.

The city's patience is wearing thin. Asbury Partners has come up with
a variety of excuses for why further progress hasn't been made, and
why it has yet to attract any substantial interest in the boardwalk or
to develop a coherent strategy for attracting businesses to the boardwalk.

In response to what the City Council perceives as foot-dragging, it
has given Asbury Partners a Jan. 18 deadline for presenting a concept
plan, a budget and a time line for the redevelopment of boardwalk
buildings. The request is more than reasonable. It's essential that
Asbury Partners comply. Failure to do so could raise a warning flag to
potential investors, residential and commercial, in the redevelopment
zone. Asbury Partners can't allow that to happen.

Nearly three years ago, SOSH Architects of Atlantic City, which
specializes in entertainment-oriented design, developed a retail and
entertainment concept for the redevelopment area that generated
enormous enthusiasm. The concepts looked great on paper. SOSH's vision
of a boardwalk that capitalized on Asbury Park's beachfront location,
its entertainment heritage, its musical bloodlines and its artistic
character made perfect sense. It still does. But the failure of Asbury
Partners to advance the concept and recent indications it is turning
to traditional full-time retailers to help turn the boardwalk into a
year-round venue are disturbing.

The revitalization of the boardwalk will not succeed by trying to fill
the pavilions with retailers commonly found in malls and strip malls.
Even after the oceanfront condominiums are built out, the people
living in them — many, no doubt, part time — will not generate the
"critical mass" Asbury Partners suggests is needed before retailers
are willing to commit to the boardwalk.

The formula for success is a boardwalk that is sustained by two
things: the beach and year-round entertainment. Anchored by the
Convention Hall/Paramount Theatre to the north and the Casino to the
south, the boardwalk should be top-heavy with restaurants, clubs
offering various types of music, performance spaces for theater and
dance, indoor active entertainment for young people and high-tech
gaming pavilions. An Imax theater and a New Jersey Rock 'n' Roll Hall
of Fame and Museum also would be wonderful draws.

In the off months, the only thing that will draw substantial numbers
of people to the boardwalk in Asbury Park is entertainment. The
traditional retail should be a complement to the entertainment, not
the other way around.

Asbury Partners needs to think out of the box. If it is incapable of
doing so, it should hire entertainment-oriented consultants who can.
The boardwalk at this point remains largely a blank canvas. It's long
past time for someone to pick up the brush. At the same time, Asbury
Partners needs to develop realistic leasing and construction terms
that will encourage investors and businesses to dip their toes into
the water, rather than discouraging them from even walking on the beach.

This is a critical juncture for the redevelopment zone and the future
of the city. Asbury Partners must demonstrate more creativity, more
flexibility and a marketable long-term vision for the oceanfront. And
it must send a clear signal to the city and potential investors that
it's prepared to do so soon.

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