320-acre mixed-use development inches closer for Walters Group.The Walters Group has completed its acquisition of a 320-acre site in Southern New Jersey's Pinelands Pinelands can refer to the following things:
Edward Walters Edward Walter (1866 – 1932) was a New Zealand politician from Taranaki. He was elected Reform Party member of parliament for Stratford, New Zealand in 1925, but was defeated in 1928. He was Chairman of the Stratford County Council from 1917 to 1925. , Jr., founder and president of the Walters Group, envisions the complex to be one of the most positive projects to come to Stafford Township Stafford Township may refer to:
The Barnegat-based developer overcame numerous challenges in their efforts to move forward with Stafford Park. After three years of negotiations with Stafford Township, the state Pinelands Commission and various environmental groups that opposed the project, Joseph DelDuca, general counsel to the Walters Group, said that the firm has reached a "meeting of the minds." He added, "We were able to clear those objections and move forward with the project without any opposition." "The level of relief that we feel is indescribable," DelDuca said. "It's been an unbelievable, monumental effort by our entire organization to get this done. There were so many hurdles along the way that you wondered at times whether we would ever cross them, and at this point it appears that we've crossed them all." The first phase of the redevelopment began this week with the excavation of an old unlicensed landfill located off Route 72 and Recovery Road in Stafford Township. The Walters Group came to an agreement with the township to undertake the $31 million landfill cleanup before construction can begin on the commercial and residential buildings. During the environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a phase, the township's recycling facility and county municipal offices will also be relocated to another parcel within the park. In addition, Walters Group will relocate and rebuild an animal shelter "Dog Pound" redirects here. For the rap group, see Tha Dogg Pound. An animal shelter is a facility that houses homeless, lost or abandoned animals; primarily a large variety of dogs and cats. facility now located within the property at a cost of $1 million. Traffic improvements are expected to get underway early next year. Tar tar: see tar and pitch. (Tape ARchive) A Unix utility that is used to archive files by combining several files into one. It is often used in conjunction with the "compress" or "gzip" commands to compress the data. get has announced plans to be the main anchor of the 269,000 s/f retail component of Stafford Park. The retailer expects to begin construction in June 2007 with plans to open its doors in the summer of 2008. "It will be an absolute destination spot for Stafford," DelDuca added. We will have a critical mass of retail and residential. There is retail now in Stafford, but it's spread out. Our project will be easily accessible with close proximity to the Parkway." Walters envisions the centerpiece of the project to be the 650,000 s/f retail complex with Target being one of three major anchor stores anchor store n. A large store, such as a department store or supermarket, that is prominently located in a shopping mall to attract customers who are then expected to patronize the other shops in the mall. and eight mid-sized retail tenants and a dozen boutiques and restaurants, creating a village-center theme. Also part of the plan are 565 age-restricted residential units, more than 110 affordable housing units and 25,000 square feet of office space including the municipal public works public works pl.n. Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public. Noun 1. facilities. A recreation area would include a 71,000 s/f twin ice skating ice skating, gliding along an ice surface on keellike runners known as ice skates. Skating as a Sport Skating, besides being an important form of winter recreation and the essential skill in the game of ice hockey (see hockey, ice) has developed rink. In addition, within the retail center, Waiters plans to create a Main Street that is upscale and pedestrian friendly with adequate outdoor seating accommodations and lighting. The Walters Group is adhering to stringent environmental guidelines in their planning of this project because of its location within a "Regional Growth Area" of the Pinelands where development is specifically encouraged by the regulations governing the Pinelands Commission. DelDuca explained, "Preservation of nearly all of the one million acres in the Pinelands is based on a transfer of development rights program. "In this case, we're purchasing a near-record number of 'transfer rights' known as Pinelands development credits. This will equate e·quate v. e·quat·ed, e·quat·ing, e·quates v.tr. 1. To make equal or equivalent. 2. To reduce to a standard or an average; equalize. 3. to the preservation of no less than 1,300 additional acres of land in the Pinelands. The redevelopment of Stafford Park is by legal definition smart growth." |
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