Residences at South Beach at Long Branch will have direct ocean views, glass walls and 3-sided vistas and will cost approximately $1.2 million to purchase. It will also feature an infinity pool, raised sun decks and upscale landscaping including windmill palm trees.
The property will also feature 128 parking spaces and amenities consisting of a community room, exercise room, pool, patios, walkways and cabanas as well as a 50-foot landscape buffer located along Ocean Boulevard.
The Long Branch Planning Board approved a redevelopment agreement with Black Ridge Realty, Inc. during its June 16, 2016 meeting.
The development, which was first presented to the public in September, 2015, will include one 6-story building with 40 residential, market-rate units at 345 Ocean Blvd., on a vacant lot located between Pavilion and North Bath Avenue.
It will contain a mixture of 1,300 square foot 2-bedroom units and 2,400 square foot 3-bedroom apartments with 81 parking spaces located in an underground parking structure.
Architect Jim Monteforte has said the building will be made from a combination of wood and metallic materials that will make structure look like it is changing colors as one passes by it.
The fourth project has stalled for now and the land will be used for temporary beach parking this summer, Long Branch Business Administrator Kevin Hayes said this week
The Long Branch Council unanimously passed a resolution disapproving the tax exemption application of Bluffs Development Urban Renewal, LLC during its Jan. 24 meeting. The denial of the tax exemption is the reason why work on the project has not yet begun. Bluffs Development's project, called Seastar-Classic Living By The Sea, is a 33 unit-condominium development on the lot which currently contains the closed Jake's Gym. The gym has been closed for about 3 years and a vacant building now sits on the lot located at 290 Ocean Ave.
The proposed project would contain an 80-foot tall building at its highest point. That tallest point would be on the seventh floor and would contain a small pool, and sun deck in a common area.
Project architect Michael Monroe has said the unit sizes range from 900-square feet to approximately 4,000- square feet. The smaller units are located within the main structure and others are located in "oceanfront villas" and "beach houses" which are are all connected to the main structure. The lot would also have 78 parking spaces.