Lakewood Township Has Different Parking Garage Plan
The Asbury Park Press reports: After public criticism practically killed a plan to place a parking garage off Clifton Avenue, the Lakewood township and a developer Thursday proposed a different location that they said would offer more spaces and less intrusion to the downtown. The new 525-car garage would go next to the inspection department and town hall, to replace the existing 135-space surface lot. It is a location preferred by many retail owners along Clifton Avenue. That initial 207-car garage (reported HERE on YW) would have gone atop a 55-space municipal lot as part of a land swap with Ben Heinemann, owner of BP Graphics. In that deal, Heinemann would have built a commercial complex behind Bagel Nosh with the garage included. Heinemann would pay for the office and retail space and the Lakewood Development Corp. would foot the bill for the parking garage floors. In return, the township would take control of the graphics store and prevent it from encroaching on the neighboring Strand Theatre, which the LDC owns and wants to protect. This most recent plan involves a similar land swap with just a different location for the garage and retail. The new garage will be largely detached from the 30,000 square feet of stores the developer intends to build around it. That means a garage half as tall with twice as many spaces – none of which will belong to Heinemann, though his shopping center will likely benefit from them. A corner of the garage would be connected at the seam of his retail buildings. Russell Corby, LDC’s executive director, said the next step is a feasibility study and to gather land appraisals. As of now, he predicts the new five-story garage to cost between $7.5 million and $11 million. The old garage’s price tag was $7.2 million. (Source: APP)