Tag: #development

Middletown Township has published the full settlement agreement and conceptual renderings showing what a proposed 450-home development at the former Circus Liquors property could look like.

The newly released plans show a mix of traditional townhomes, stacked townhomes and affordable flats, along with internal roads, parking, amenity areas and open space. The settlement between Middletown and AAMHMT Property LLC remains subject to court approval at an October 2 fairness hearing.

As Public Record NJ reported previously, the hearing is the latest development in a years-long builder's remedy dispute over the Route 35 property.

Middletown Township has reached a proposed settlement that would allow construction of up to 450 homes at the former Circus Liquors property on Route 35, potentially ending a years-long affordable housing dispute over the site.¹

Under the agreement, AAMHMT Property LLC, the contract purchaser of the property, would reserve 68 of the 450 homes for very-low, low- and moderate-income households. If fewer than 450 homes are ultimately built, at least 15% of the development would be designated as affordable housing.¹

A Superior Court judge will consider whether to approve the settlement at an October 2 fairness hearing. The agreement follows a lengthy legal fight over the property, including Middletown's unsuccessful effort to pursue condemnation of the site for commercial redevelopment.