Tag: apartment

Plan calls for three apartment buildings and hotel at Moorestown Mall

MOORESTOWN – Three apartment buildings and a hotel could be developed at Moorestown Mall under a proposed agreement between the township and the shopping center’s owner.

Watch: Santa Claus arrives at Cherry Hill Mall with pandemic precautions

UP NEXT

UP NEXT

The four-story apartment buildings would hold up to 1,065 homes, with 213 units to be affordable housing, according to a court filing.

The buildings would rise, along with a 112,000-square-foot hotel, in a three-phase development at the 84-acre mall property, the filing says.

The first phase calls for a 375-unit apartment building in a parking lot between Boscov’s and Nixon Drive, according to a concept plan that accompanies the proposed order. The 412,500-square-foot building would hold 75 affordable homes and a parking structure.



diagram: A concept plan for Moorestown Mall's redevelopment shows an apartment building, left, between Boscov's and Nixon Drive. A hotel would rise off Lenola Road.


© Photo provided
A concept plan for Moorestown Mall’s redevelopment shows an apartment building, left, between Boscov’s and Nixon Drive. A hotel would rise off Lenola Road.

More: Delaware River is no barrier for small banks in South Jersey

Loading...

Load Error

More: Wawa seeks approval for store at 38 and Hartford in Mount Laurel

The initial phase also envisions the hotel in a parking lot off Lenola Road, near the rear of the shopping center.

Those projects would require no demolition of the mall, according to the concept plan.

But the second phase would put a 345-unit apartment building on an area that includes the former Lord + Taylor department store and an adjacent parking lot.

The third phase calls for development of a similar building at a site that includes the former Sears store and a parking lot off Route 38.

The plans are outlined in a proposed consent order filed Friday before Superior Court Judge Paula Dow in Mount Holly.

The proposal was reached after mediation between the township, mall owner PREIT and Fair Share Housing Center, a Cherry Hill-based nonprofit that advocates for low-income residents.

Dow ordered the talks earlier this year after PREIT objected to a township plan to provide affordable housing there.



a tree in front of a building: The former Lord + Taylor store at Moorestown Mall would make way for an apartment building under a proposed agreement to bring affordable housing to the shopping center.


© Jim Walsh, Courier-Post
The former Lord + Taylor store at Moorestown Mall would make way for an apartment building under a proposed agreement to bring affordable housing to the shopping center.

A proposed zoning overlay that received initial approval from township council in January would have required the mall’s demolition, according to PREIT.

The proposed agreement would “address a significant portion of the township’s ‘unmet need’ for affordable housing,” according to the filing.

It says the apartment buildings in the second and third phases would hold a total of 137 affordable units. Those buildings “may or may not” have parking structures.

“Phase One can stand on its own without the need for future development of Phase Two and Three,” it notes.

It adds the later phases are “more conceptual at this point” and “shall proceed at developer’s sole discretion.”

The proposed “affordable housing settlement agreement” also says the parties have recognized “at least initially, the existing portion of the mall identified for Phase Three … may be

Continue reading

Court filing says 345-unit apartment building would rise near Boscov’s

CLOSE

Santa Claus has arrived at the Cherry Hill Mall, this time with measures intended to curb the spread of the coronvirus

Cherry Hill Courier-Post

MOORESTOWN – Three apartment buildings and a hotel could be developed at Moorestown Mall under a proposed agreement between the township and the shopping center’s owner.

The four-story apartment buildings would hold up to 1,065 homes, with 213 units to be affordable housing, according to a court filing.

The buildings would rise, along with a 112,000-square-foot hotel, in a three-phase development at the 84-acre mall property, the filing says.

The first phase calls for a 375-unit apartment building in a parking lot between Boscov’s and Nixon Drive, according to a concept plan that accompanies the proposed order. The 412,500-square-foot building would hold 75 affordable homes and a parking structure.

More: Delaware River is no barrier for small banks in South Jersey

More: Wawa seeks approval for store at 38 and Hartford in Mount Laurel

The initial phase also envisions the hotel in a parking lot off Lenola Road, near the rear of the shopping center.

Those projects would require no demolition of the mall, according to the concept plan.

A concept plan for Moorestown Mall’s redevelopment shows an apartment building, left, between Boscov’s and Nixon Drive. A hotel would rise off Lenola Road. (Photo: Photo provided)

But the second phase would put a 345-unit apartment building on an area that includes the former Lord + Taylor department store and an adjacent parking lot.

The third phase calls for development of a similar building at a site that includes the former Sears store and a parking lot off Route 38.

The plans are outlined in a proposed consent order filed Friday before Superior Court Judge Paula Dow in Mount Holly.

The proposal was reached after mediation between the township, mall owner PREIT and Fair Share Housing Center, a Cherry Hill-based nonprofit that advocates for low-income residents.

Dow ordered the talks earlier this year after PREIT objected to a township plan to provide affordable housing there.

A proposed zoning overlay that received initial approval from township council in January would have required the mall’s demolition, according to PREIT.

The proposed agreement would “address a significant portion of the township’s ‘unmet need’ for affordable housing,” according to the filing.

It says the apartment buildings in the second and third phases would hold a total of 137 affordable units. Those buildings “may or may not” have parking structures.

“Phase One can stand on its own without the need for future development of Phase Two and Three,” it notes.

It adds the later phases are “more conceptual at this point” and “shall proceed at developer’s sole discretion.”

The proposed “affordable housing settlement agreement” also says the parties have recognized “at least initially, the existing portion of

Continue reading

Downtown Beaumont could get new life thanks to city council approval of plans for hotel, apartment building

One business owner on Orleans Street is excited for what a new apartment building could mean for the area

BEAUMONT, Texas — Downtown Beaumont could see some new projects in the future after city council approved plans for a new hotel apartment building on Orleans Street. 

An exact date hasn’t been released, but plans for the old antique mall behind call for about 25 loft units. For nearby businesses, this is exciting news. 

Drive through downtown Beaumont, and it’s not hard to see, there’s a lot of untapped potential. 

Tasha Bobb opened up Stir it Up Bistro in April, just after the pandemic slowed everything down. 

“It’s really been a true walk of faith keeping the doors open during this time,” Bobb said. 

She knows what downtown is capable of becoming, and she wanted to contribute to that. 

“Downtown Beaumont should really be thriving, with a lot of businesses, eateries, people just walking down the street,” Bobb said. 

For now, most of these buildings are empty, including the historic Hotel Beaumont. 

Councilman Mike Getz is excited about some possibilities for it too. 

“Oh, it’s been empty for at least 10 years. You know, for downtown to become as successful as we’d like it to be, you’ve got to have people living downtown,” Getz said. 

Soon that could be a reality. Last week, the Beaumont City Council gave the green light for a realty company to turn the old antique mall into a hotel apartment building. 

Getz said the developer is planning to offer extended stay apartments and lofts. 

“I think his idea is to go after people working in the plants for a temporary basis,” Getz said. 

For the businesses nearby, this is good news too. 

“Oh my goodness, at first I was like, oh wow, what’s gonna happen to me, it’s gonna be an advantage to have a hotel right next door. I’m one of the only places down here where you can get full real meals,” Bobb said. 

Slowly, but surely, things are stirring up downtown. 

“It’s gonna get there, I know it will,” Bobb said. 

12News reached out to the property owner for specifics on when renovations will get started. We haven’t received an answer yet. 


Source Article

Continue reading