Belmar's Redevelopment: BELMAR A $500 million plan to raze and rebuild much of the downtown will take longer than the 10 years to complete that borough officials had previously predicted, said Mayor Kenneth E. Pringle. ... Jerome Beckman, whose father owns Beckman's Stationery at 704 10th Ave., said Belmar's economy is suffering under a promise of redevelopment that has yet to see one success after five years of empty promises and aborted starts. ... The court in effect invalidated the blight designation for the entire redevelopment area, stretching from the Shark River to 10th Avenue along Main Street and Route 35.
Pringle has said he intended to use the blighted designation as "a stick" in getting businesses to negotiate with the borough's former master developer, the Gale Co. of Florham Park,... In todays Press: http://tinyurl.com/34t9om The thing that KILLED Asbury Park's Beachfront was the redevelopment itself, the designation of 'Blight'. If it been left to market cycles, zoning/code emforcement and Historic Preservation grants, the Beachfront would be in full swing today. Werner Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
