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Asbury Partners receives award for Asbury Park development. (New Jersey).

Asbury Partners, LLC, the City of Asbury Park, and Clark Caton Hintz and Ehrenkrantz Eckstut & Kuhn Architects have received New Jersey Future's 2003 Smart Growth Award in recognition of their efforts in the Oceanfront Asbury mixed-use waterfront redevelopment in Asbury Park. Larry Fishman, chief operating officer of Asbury Partners, the project's master developer, Asbury Park Mayor Kevin Sanders, and John Clarke and Peter Cavaluzzi, of CCH/EE&K, accepted the honor at a recent awards dinner at the Newark Club in Newark, N.J.

New Jersey Future's Smart Growth Awards program recognizes organizations, developers, and communities setting higher standards for rebuilding the state's municipalities and preserving open lands. More than 300 corporate, state and community leaders, including Governor James E. McGreevey, attended this year's celebration. Other honorees included Merck & Co. Inc., the township of Chesterfield, the City of New Brunswick, New Jersey Performing Arts Center, and the Urban League of Hudson County.

"These recipients represent New Jersey's best and brightest efforts," said Governor James E. McGreevey.

"They set an example for communities across the state of what is possible through smarter growth."

"This award truly is an honor," Fishman noted.

"The public/private partnership behind Oceanfront Asbury, and the trust and support among our team members has made possible this ambitious, 56-acre redevelopment. The mounting enthusiasm surrounding Oceanfront Asbury is contagious, and this award is a gratifying testament to our vision and the project's potential."

The Smart Growth Award is the third recent accolade for Oceanfront Asbury. The redevelopment plan also received an Honor Award as part of the 16th annual Excellence on the Waterfront Awards program sponsored by the Waterfront Center, a non-profit, educational organization based in Washington, D.C. In addition, the New Jersey Chapter of the American Planning Association named it the Outstanding Redevelopment Plan as part of the group's Year 2002 Planning Awards.

Designed by project planner CCH/EE&K, Oceanfront Asbury encompasses residential, retail, entertainment, and recreational elements, as well as municipal services. These include 450,000 SF of restaurants, nightclubs, and family entertainment facilities, along with unique shops and boutiques lining the city's 60-foot wide, mile-long boardwalk. In addition, a residential portion will include approximately 2,500-new housing units, as well as replacement of 500 additional units. Promi-
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Publication:Real Estate Weekly
Geographic Code:1U2NJ
Date:Jul 16, 2003
Previous Article:Luxury condos at The Hubert 60% sold.
Next Article:First Industrial reports increase in market activity. (New Jersey).

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