A rendering of Southbank At The Navesink, a 10-unit luxury condominium complex at 4 Boat Club Court in Red Bank. — Rendering by Rotwein+Blake/Courtesy: Denholtz Properties
By Joshua Burd
Denholtz Properties has broken ground on a new luxury condominium complex in Red Bank, in a development that will transform a long-dormant parcel along the Navesink River.
Plans for the project, located at 4 Boat Club Court, call for a 10-unit complex of two- and three-bedroom townhomes just steps from the borough’s downtown. The locally based developer now aims to deliver what’s known as Southbank At The Navesink by late 2022, joining local officials earlier this week to mark the start of construction.
“Since moving our headquarters to Red Bank in 2019, we have sought to make a positive and lasting impact on the borough through visionary real estate projects such as Southbank At The Navesink,” said Steven Denholtz, CEO of Denholtz Properties. “Although this property has proved difficult to redevelop in the past, we knew its location paired with our experience would allow us to create something truly unique. We are excited to celebrate this milestone with the Red Bank community and look forward to bringing this project to life over the next year.”
In a news release, Denholtz noted that it acquired the site last year after other developers had failed to move past the initial planning stages for their own projects. The start of construction has paved the way for what will be a four-story complex with open floor plans, upscale finishes and modern designs, including six single-floor homes ranging from 2,142 to 2,496 square feet and four duplex penthouses spanning more than 2,935 square feet.
The complex, designed by Rotwein+Blake, is at the entrance of downtown Red Bank and a short walk from its vast selection of shops, restaurants and cultural institutions. In addition, the building’s elevated riverfront location and floor-to-ceiling glass panels will provide panoramic views of the Navesink River and Marine Park.
Those on hand for Tuesday’s groundbreaking included Denholtz executives, project partners and Red Bank Mayor Pasquale Menna. The event came as the firm prepares to open another project in the borough, a 57-unit luxury apartment complex known as The Rail at Red Bank, which will bring new residents and retailers to the municipality’s west side.
Deborah James of Heritage House Sotheby’s International Realty is the realtor for Southbank At The Navesink.
