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Sayreville agency designates Hanover-linked firm conditional redeveloper for Sunshine Biscuit site
Summary
The Sayreville Economic and Redevelopment Agency voted to name DP Land Acquisition LLC/Hanover as a conditional redeveloper of the Sunshine Biscuit property, requiring a redevelopment plan, escrows and other conditions before the designation takes full effect.
The Sayreville Economic and Redevelopment Agency on June 20 approved a resolution naming DP Land Acquisition LLC / Hanover as a conditional redeveloper for the former Sunshine Biscuit site, with conditions including adoption of a redevelopment plan within six months and required escrow payments.
Agency members said the designation will allow the developer to move into site-specific planning steps but does not finalize any sale, redevelopment agreement or construction approvals. The resolution passed after a brief presentation from the developer team and a roll-call vote: eight commissioners voted yes and one voted no.
The developer's attorney, Mark Policastro, and civil…
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