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Redevelopment agency advances 61 Acue Ave project subject to county parking negotiation

Pompton Lakes Redevelopment Agency · October 4, 2024
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Summary

The Pompton Lakes Redevelopment Agency voted to advance a mixed‑use project at 61 Acue Avenue, approving the plan concept and directing staff to negotiate a redevelopment agreement. The developer said conditional Passaic County approval was received; unit count (17 or 23) hinges on acquiring eight county parking spaces.

The Pompton Lakes Redevelopment Agency on a split vote moved to advance a proposed residential project at 61 Acue Avenue and to direct agency staff to negotiate a redevelopment agreement consistent with the plans submitted.

The project team told the agency the design could produce 17 units with 26 on‑site parking spaces or 23 units if the developer secures eight additional off‑site spaces from Passaic County. "We do have now, as of September 3, conditional approval from the county," applicant counsel Steve Malenek said, asking the agency to recommend the plan and allow staff to finalize a redevelopment agreement and financial terms.

Why it matters: the developer asked the…

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