From the Township today:
JMF Properties Preferred by Township Committee for Post Office Redevelopment
The
Maplewood Township Committee is slated to select JMF Properties of
Cedar Knolls, NJ as the developer for the Post Office Redevelopment
Project.
As it previously
announced, the Township Committee scheduled interviews with three
developers for October 21st and 22nd. Earlier in the month, the
developers met with the Design Review Committee of the Maplewood Village
Alliance.
On November 5th, barring
any last minute changes, the Township Committee will formally vote on a
resolution designating JMF Properties as the preferred developer for the
site. A 90-day period will be established to conclude negotiations with
JMF regarding the purchase price and design elements of the building
and site.
JMF is committed to
constructing the building with external design features (upper floor
setbacks, chamfered corners, etc.) and materials proposed by the
previous developer and approved by the Board of the Maplewood Village
Alliance.
The project will include 23 apartments, about 6,000 square
feet of retail space, and shopper parking in a new surface lot in rear
of the building.
The developer will no longer pursue a retail tenant to
occupy the entire basement of the building. The basement will now be
used primarily for underground tenant parking. The project is expected
to start next year and be finished in 2016.
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