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Ocean Grove Redevelopment Plan Gets Approval

OCEAN GROVE, NJ-The Neptune Twp. Committee vote is a major step toward bringing mixed uses to a five-acre tract near the ocean.

By Eric Peterson | Updated on March 25, 2008

OCEAN GROVE, NJ-This oceanfront community is a step closer to the redevelopment of a five-acre piece of land in the wake of a township committee vote on a proposed plan. The Neptune Township Committee this week voted 3 to 1 with one abstention to approve the latest incarnation of a plan that has been tweaked several times over the past year or so.

The five-acre tract is owned by the Ocean Grove Camp Meeting Association, which in fact owns much of this semi-autonomous community within the larger Neptune Township. The association’s redeveloper of choice, which must still be approved by the township, is Wesley Atlantic Village Enterprises LLC, or WAVE, headed by local resident William Gannon. The redevelopment plan is the work of T&M Associates, a Middletown-based civil engineering firm.

And the Ocean Grove North End Redevelopment plan, as it currently stands, calls for an 80-room hotel and 108 residential units, 85 of them condos and the rest single-family. A retail component of unspecified size is also part of that plan. A price tag hasn’t yet been put on it.

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