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Seaside Heights 10-Story Mixed Use Building Redevelopment

Sector: Steel • Location: Seaside Heights, New Jersey, United States

Source: Shorebeat

Project
Cancelled

The project involved redevelopment of a prime real estate lot at 404 Boulevard in Seaside Heights, New Jersey, known as the 'steel structure' lot. The plan was to build a ten-story mixed-use building including retail components to revitalize the business district. The project faced financing issues and litigation, leading to termination of the agreement with the initial developers. The borough is

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The project “Seaside Heights 10-Story Mixed Use Building Redevelopment” is an infrastructure initiative in the Steel sector, located in Seaside Heights, New Jersey, United States. Taiyo aggregates data on it from Shorebeat.

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Participants

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Status

Original status

cancelled

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Description

Description

The project involved redevelopment of a prime real estate lot at 404 Boulevard in Seaside Heights, New Jersey, known as the 'steel structure' lot. The plan was to build a ten-story mixed-use building including retail components to revitalize the business district. The project faced financing issues and litigation, leading to termination of the agreement with the initial developers. The borough is now seeking a new developer with stringent financing guarantees and is considering limiting the building height in future proposals.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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