Asbury Park – NJ hottest destination!

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Asbury Park – NJ hottest destination!

Asbury Park – NJ hottest destination!

Asbury Park is located in the heart of the Jersey Shore, a small seaside city on the New Jersey coast. It’s known for its sandy shore and beachfront boardwalk lined with shops, arcades and cafes.  Convention Hall, along with the adjacent Paramount Theatre and the Grand Arcade connecting the two, is one of the most majestic landmarks on the Jersey Shore. Over the years, this historic entertainment venue has hosted legendary performances by Bruce Springsteen, Elton John, Frank Sinatra, and the Rolling Stones, just to name a few. The Convention Hall extends over the beach and boasts a state-of-the-art stage area, spacious arena floor and a capacity of up to 3,600 guests.

Perhaps the most popular part of the City’s redevelopment efforts due to the amount of media attention it receives and its size (approximately 56 acres) the Waterfront Redevelopment Area is envisioned to contain 3,164 residential units and nearly 450,000 square feet of commercial space. Not only will new residential buildings (some containing commercial uses as well) be constructed, but an almost complete “rebuild” of the utility infrastructure and public streetscape will be realized.

iStar, a real estate investment firm, has begun major construction of the long-awaited 1101 Ocean Ave. project, a mixed-use,16-story structure on the site of the ill-fated Esperanza condominium project. It will include luxury apartments, a boutique hotel and 23,000 square feet of retail space.

iStar is the city’s master developer for its waterfront.  The mixed-use development is expected to be completed in 2019. The development will include 130 residential units, and the hotel will have 54 rooms.

 

Look whats coming to Asbury!

ASBURY PARK – ICSC PROMO from Massa Multimedia Architecture on Vimeo.