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Multibillion dollar plan unveiled to redevelop parts of Asbury Park, New Jersey

Multibillion dollar plan unveiled to redevelop parts of Asbury Park, New Jersey

A team of architects will transform a 1.25-mile stretch of Asbury Park in New Jersey as part of a massive mixed-use redevelopment plan recently unveiled by iStar. The multibillion-dollar scheme includes 20 individual projects (primarily a mix of residential buildings and hotels) as well as infrastructure upgrades, and “beach-themed landscaping.”

The developer says that its significant investment in the area, which was pummeled by Hurricane Sandy, will “nurture the maverick spirit and indie attitude that make Asbury Park one of the unsung capitals of cool in the United States.”

Anda Andre, the former Director of Design for the Ian Schrager Company, is overseeing the project and hand-picking its designers and architects. The team includes Chad Oppenheim, Handel Architects, Madison Cox, Stonehill & Taylor, and Melillo + Bauer Associates.

Three new developments are expected to to open next summer: “The Monroe,” Oppenheim’s 34-unit condominium building; 1101 Ocean, a glassy hotel, condominium, and retail project by Handel Architects; and the Asbury, a 110-key hotel in a former Salvation Army building that was repurposed by Stonehill & Taylor.

The full build out of the development includes 2,100 residences and 300 hotel rooms.

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