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Pompton Lakes redevelopment panel presses Smith Properties to revise Colfax Avenue plan over easement, parking and retail tradeoffs

Pompton Lakes Redevelopment Agency · June 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Smith Properties presented a revised mixed‑use plan for 2011 Colfax Avenue including 51 units and retail; the Pompton Lakes redevelopment agency did not vote, asking the developer to revise plans to reduce loss of retail frontage, explore moving transformers/meters, clarify parking allocations and provide materials for council consideration of an access easement.

Steve Malenick, representing Smith Properties LLC, asked the Pompton Lakes Redevelopment Agency to approve a revised mixed‑use project at 2011 Colfax Avenue and to authorize negotiations on a redevelopment agreement. "We want you to approve our project," Malenick told the agency, outlining four requests: project approval, authority to negotiate the redevelopment agreement, a recommendation to the borough council for a cross‑access easement into the municipal pothole lot, and amendments to the redevelopment plan.

Malenaick said the easement is a threshold issue for financing. "Because without that easement, we'll never get a bank to finance this project. We'll never get title insurance on this project," he said, arguing the access would allow two levels of structured parking and safe entry to both levels.

Architect Brittany Klim, sworn in to present plans, said the redesign increases ground‑floor commercial frontage while reconfiguring parking. She described a coffee shop and…

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