Red Bank is now embracing redevelopment and smart growth concepts more than it has in recent memory, insiders say, as evidenced by the growing list of projects that are now under construction or in its pipeline. That embrace is a long time coming for developers that have seen all the community has to offer — from its popular downtown to the Navesink River waterfront, along with a rich cultural scene and an affluent population.
A joint venture has unveiled a boutique apartment building in downtown Red Bank, bringing new life to a long-vacant site and paving the way for additional redevelopment in the borough.
A group of commercial real estate leaders gathered Tuesday to unveil a new policy agenda to promote smart growth and redevelopment, urging lawmakers and Gov.-elect Phil Murphy to take action that will help New Jersey stay competitive in the years to come.
In a state that is undergoing sweeping changes to its economy and demographics, real estate leaders are gearing up to make sure that those changes are well-known to elected officials.