Lakewood Planning Board Rejects Application to Add 2 Properties to Cedarbridge Corporate Park

At a Tuesday evening Lakewood Planning Board meeting, the board members voted 4-3 against providing 35-year tax abatements to two properties located on Pine Street which the township wants to add to the Cedarbridge Corporate Park.

Lakewood Mayor Ray Coles has previously said that the two properties were supposed to be part of the corporate park and that re-adding them would benefit Lakewood residents for decades to come.

The Planning Board’s rejection of the tax abatement doesn’t mean that the addition of the properties is now dead. Instead, the application to have them added will be voted on by the Lakewood Township Committee, which could still approve them. However, because the Planning Board voted down the application, the Township Committee would have to approve the application with a supermajority – either a 4-1 vote or a 5-0 vote.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

MAILBAG: This Is Why Handicap Spots Exist — And Why You Must Never Block Them

The following was republished with permission from The Lakewood...

MANCHESTER: Baby Survives Violent Three-Car Wreck Without A Scratch, 3 Others Hospitalized

A three-vehicle crash at the intersection of Commonwealth Boulevard...

Agudah Launches New “Initiative for Parnasah Connection” to Tackle Lakewood’s Job Crisis

Last month, Agudath Israel of America’s New Jersey office...

Fourth Maamad Adirei HaTorah Set to Take Place on June 8

Adirei HaTorah on Monday evening announced the upcoming Maamad...