Tuesday, March 28, 2017

New 102-Unit Development Planned for Orange

Orange, New Jersey: Another new transit-oriented-development could be coming to Orange.

The City of Orange Township will host a public meeting tonight regarding a proposal for a new six-story development at 258 Reock Street, between South Day Street and South Center Street. According to the City, the building is slated to contain 102 mixed-income residential units, and would be developed by L+M Development Partners, the company responsible for projects like 50 & 55 South Essex in Orange and the redevelopment of Newark's Hahne and Company and New Jersey Bell buildings. The City is considering the authorization a financial agreement with L+M, according to a notice. 

Currently, the property, which is located near the main Orange Train Station, the Main Street and South Essex Avenue business districts, and Coach USA and NJ Transit bus service, contains a gated vacant lot that previously was the site of houses. Since 2012, part of the lot at 258 Reock Street has been owned by Reock Urban Renewal, LLC, which is registered out of the same Westchester County, New York office as L+M.

The community meeting will be held at the Le Parc Place preschool within one of L+M's local buildings at 50 South Essex Avenue, from 6:00pm to 7:30pm.

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