Latest updates for Inspired By Somerset Development

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Recent items include:

  • Bell Works Fort Monmouth Lands $60 Million Refinance as Leasing Nears 90%
  • Meridian arranges $186M construction loan for Asbury Park condo project
  • Whole Foods to open Jersey Shore-inspired Eatontown store

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jerseydigs.com /1 month ago

Bell Works Fort Monmouth Lands $60 Million Refinance as Leasing Nears 90%

Inspired by Somerset Development has secured a $60 million bridge loan to refinance Bell Works Fort Monmouth

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roi-nj.com /1 month ago

Meridian arranges $186M construction loan for Asbury Park condo project

Meridian Capital Group arranged $186 million in construction financing for Lido Oceanfront Residences, a luxury condominium development planned for Asbury Park’s beachfront. The lo...

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njbiz.com /1 month ago

Whole Foods to open Jersey Shore-inspired Eatontown store

Whole Foods Market will open a 40,000-square-foot Jersey Shore-inspired store at Kushner Cos.' Monmouth Square in Eatontown July 29 featuring local products. The post Whole Foods t...

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jerseydigs.com /2 weeks ago

Former Corporate Park in Berkeley Heights Transforms Into $500 Million Live-Work-Play District

Once dominated by corporate offices, the Berkeley Heights campus is adding its first residential tower as part of an ambitious 185-acre mixed-use redevelopment.

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planetizen.com /3 weeks ago

New Jersey affordable housing requirements spur infill development across the state

New Jersey affordable housing requirements spur infill development across the state Diana Ionescu Wed, 07/29/2026 - 05:00 Primary Image...

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jerseydigs.com /3 weeks ago

Development With 196 Apartments Approved in Pennsauken Redevelopment Area

Centurion Residences at Pennsauken will consist of two four-story buildings, one with 93 units and the other with 103 units.

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njbiz.com /1 month ago

New Emberside Brewery a tribute to The Connell Co.’s roots

Emberside Brewery will open this fall at The Park in Berkeley Heights, adding craft beer, a beer garden and events to the $500 million redevelopment. The post New Emberside Brewery...

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jerseydigs.com /1 month ago

Bayonne to Consider 165-Unit Peninsula View Development

The Alessi Organization is looking to transform a vacant acre of Bayonne land in the shadow of Route 440 into a new residential complex.

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jerseydigs.com /1 month ago

Historic Firemen’s Insurance Building Cleared for Affordable Housing Conversion in Newark

A long-vacant downtown Newark building has moved one step closer to redevelopment after a 35-year tax incentive was approved for its conversion into affordable housing and retail s...

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jerseydigs.com /1 month ago

LIDO Asbury Park Lands $211 Million, Largest Construction Loan in Asbury Park History

LIDO Asbury Park has secured a record-setting $211 million construction loan, marking the largest financing package ever arranged for a development in the city.

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jerseydigs.com /1 month ago

East Orange Approves 100-Unit Complex on William Street

The path has been cleared to transform an East Orange auto repair facility near a plethora of mass transit options into a new residential complex.

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jerseydigs.com /1 week ago

AC Container Park, a New Retail Complex, Nears Completion in Atlantic City

An inventive development looking to bring more retail and dining options to Atlantic City is in the home stretch of construction and gearing up to launch later this year.

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jerseydigs.com /1 month ago

Development Approved at Jersey City’s 99¢ Dream Store on Newark Ave

One of Downtown Jersey City’s last remaining dollar stores could be meeting the wrecking ball as a new mixed-use project has been greenlit.

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njbiz.com /1 month ago

Lido Asbury Park lands $211M construction financing

Lido Asbury Park secured $211M in construction financing as the 112-unit luxury condo project advances toward its planned 2028 debut. The post Lido Asbury Park lands $211M construc...

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roi-nj.com /1 month ago

Woodmont Industrial Partners, Sagard Real Estate break ground on redevelopment of Rahway site

Woodmont Industrial Partners, in partnership with Sagard Real Estate, has broken ground on the redevelopment of a 25-acre industrial site at 349 & 389 New Brunswick Ave. in Rah...

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jerseydigs.com /4 weeks ago

$30 Million Apartment Development Completed Near Orange’s Highland Avenue Station

The Be448 development replaces a former iron workshop in Orange with a mix of market-rate and affordable apartments.

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jerseydigs.com /3 weeks ago

How Affordable Housing Rules Are Reshaping Redevelopment Across New Jersey

With open space at a premium, many New Jersey communities are repurposing under-utilized office buildings and malls to help achieve affordable housing goals.

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jerseydigs.com /2 weeks ago

New Townhouse Development Planned for Downtown Verona

A Verona property has been sold following zoning approvals for a townhouse development that includes two affordable homes.

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jerseydigs.com /1 month ago

Asbury Park Approves Controversial Mixed-Use Development After Recusal Dispute

The Asbury Park planning board voted to approve the proposal for three new buildings at the intersection of Asbury and Cookman avenues.

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jerseydigs.com /3 weeks ago

Newark Planning Board Approves 32-Story Building on Branford Place

The Newark project includes 441 apartments, 235 parking spaces and over 13,000 square feet of retail space.

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jerseydigs.com /2 weeks ago

Jersey City Approves 17-Story Residential and Hotel Complex on Marin Boulevard

A Jersey City property along one of the most traveled corridors in the tri-state area could soon be transformed into a new mixed-use development with a notable affordable housing c...

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jerseydigs.com /1 month ago

Newark Planning Board OKs New Eden Baptist Church Redevelopment Proposal

The proposal will leave the church untouched and deliver a new apartment building steps from two of Adenah Bayoh's completed affordable projects.

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njbiz.com /1 month ago

Bell Works Fort Monmouth lands $60M bridge loan

Bell Works Fort Monmouth secured a $60M bridge loan, arranged by Walker & Dunlop, as leasing reaches 88%, fueling growth at the mixed-use campus. The post Bell Works Fort Monm...

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jerseydigs.com /1 month ago

RBH Groups Reveals Updated Plan to Build Tower Behind Newark’s Paramount Theater

One of Downtown Newark’s most anticipated redevelopment projects is back, with revised plans calling for a 16-story tower while preserving the historic Paramount Theater’s facade

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Sources covering Inspired By Somerset Development

jerseydigs.com

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njbiz.com

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planetizen.com

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roi-nj.com

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