Home shopping could take on a whole new meaning under a redevelopment of the Monmouth Mall that will transform it into a mixed-used complex with 700 apartments. The plan was approved by Eatontown officials on Monday.
The mall, which dates back to 1960 and has undergone two previous makeovers, will be known as The Heights at Monmouth under a $500 million joint plan by the Kushner Companies and Brookfield Properties, partners in the project.
A spokesman for Brookfield, Andrew Brent, issued a statement applauding the Planning Board’s decision.
“The redevelopment will create a vibrant, thriving mixed-use center for years to come, and we are grateful to the Eatontown planning board for its approval of the project and its confidence in us to execute it,” Brent stated.
With other issues still pending, Brent said no time frame had been established for the start or completion of construction.
Kushner had been headed by Jared Kushner until last year, when his father-in-law, President Donald Trump, gave him the job of White House Advisor.
The Eatontown Planning Board voted 7-1 to approve the project, which will include the rental apartments, dining and entertainment venues, medical facilities and retail, the board’s attorney, Andrew Bayer, said.
“The board was voting on an application for preliminary and final site plan approval for an application based on a zoning ordain that the council adopted in September 2016,” Bayer said.
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NJ Advance Media for NJ.com