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Keansburg council approves amended Beachway Avenue II redevelopment agreement to allow 64 condominiums
Summary
The Borough of Keansburg authorized an amended redevelopment agreement permitting a 64-unit condominium project at Block 184, Lots 1–3, authorizing the mayor to execute the amended agreement in consultation with counsel.
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The Borough of Keansburg, acting as its Redevelopment Agency, voted June 17 to approve an amended redevelopment agreement that would allow construction of a 64-unit condominium project on Beachway Avenue (Block 184, Lots 1–3).
Jessica C.M. Almeida, Esq., redevelopment counsel with McManimon, Scotland & Baumann, LLC, told the council the amendment aligns the original 2005 redevelopment designation and the borough's subsequent redevelopment plans with the Beachway Avenue II Redevelopment Plan adopted in late 2025. The amendment would enable development of 64 condominium units in three separate four-story buildings over surface parking.
The resolution (26-068) authorizes the mayor to execute the amended redevelopment agreement substantially in the form presented and to make ministerial changes, in consultation with counsel, that do not alter substantive rights or obligations. The resolution cites prior actions including the 2005 rehabilitation designation (Resolution #171-A), Ordinance No. 1403 (2006), a 2015 Planning Board review designating the property for redevelopment, the 2017 Original Redevelopment Agreement, and Ordinance #1762 (Dec. 17, 2025) adopting the Beachway Avenue II Redevelopment Plan.
Council members recorded a roll-call vote to adopt the resolution; the clerk called the roll and the measure passed on the record. The mayor was authorized to finalize and sign the amended agreement to effectuate the project.
Why this matters: approving the amendment advances plans for a relatively large residential project on the borough waterfront, changing the regulatory framework that previously governed redevelopment of the parcel and paving the way for developer activity under the amended agreement. The council's authorization does not itself begin construction; it authorizes the execution of an agreement and implements changes to the borough's redevelopment framework.
What happens next: the mayor will execute the amended agreement and the parties will proceed under the terms of the executed contract and applicable land-use approvals.
