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$100M Pier Village Project Adding a Third Phase

LONG BRANCH, NJ-The project's final push will include 275 residential units, a hotel and 20,000 sf of retail on the oceanfront.

By Eric Peterson | Updated on July 23, 2008

LONG BRANCH, NJ-Applied Development Co.’s Pier Village mixed-use redevelopment on this city’s oceanfront is getting ready to move ahead with a third and final phase. That phase, with site work under way and actual construction expected to start later this year, will include 200 rental apartments, 75 condos, a 100-room hotel, 20,000 sf of retail and an oceanfront park, according to Applied officials.

Pier Village has already brought 320 rental residential units and more than 100,000 sf of retail to market, and a four-building second phase is set to add another 223 units, 12,000 sf of retail and a 24-unit condo hotel on the 16-acre site along Ocean Blvd. Construction is well under way, with delivery slated for a little later this year.

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