About 12 months from now, shoppers could be standing inside
a new ShopRite in Bethlehem Township.
Wednesday afternoon, developers stuck shovels in the hard
cold ground of a vacant field to mark the start of construction for Madison
Farms. The mixed-use development would add 837 luxury residential units and
140,000 square feet of retail space anchored by a new ShopRite supermarket near
Route 33. Construction costs for the first part of the retail component are
about $50 million.
"Their store will be a staple in the community for
years to come," said Jonathan Kushner, president of KRE Group of
Bridgewater, N.J.
The Silverman Group, a real estate company in Short Hills,
N.J., is partnering with KRE Group to develop the Madison Farms project.
The development should create 300 permanent full and
part-time jobs at ShopRite, plus hundreds of construction jobs.
"ShopRite is coming back, but it's not the same
ShopRite," said Joseph Colalillo, president of ShopRite of Hunterdon
County, N.J., which will own and operate the store. "It will be different
than the store that left here about 12 years ago."
ShopRite previously was on Route 191 in Bethlehem.
The new ShopRite supermarket will have online shopping
capabilities, on-site child care, a drive-thru pharmacy, an in-store café and
the potential for take-out beer, Colalillo said.
"We try to stay contemporary with the community's
needs," Colalillo said.
The store will be similar to the Greenwich Township store on
Route 22 near Phillipsburg, N.J. Besides the Greenwich Township store, his
company owns ShopRite stores in Clinton and Flemington, N.J.
EASY ACCESS TO KEY ARTERIES
Colalillo said J.G. Petrucci Co Inc., a design/build
construction firm with a Bethlehem office, introduced him to KRE Group, while
Wakefern Food Corp, a retailer-owned cooperative and the distribution and merchandising
arm of ShopRite, helped the retailer locate the site on Freemansburg Avenue
near Route 33. Headquartered in Keasbey, N.J., Wakefern operates more than 250
ShopRite supermarkets in New Jersey, Pennsylvania, New York, Maryland,
Connecticut and Delaware. Combined, the stores have $14 billion in annual
sales.
Colalillo said the location – just south of Route 22 – has
easy access to Route 33 and Interstate 78.
Rob Evans, manager of the Greenwich Township store, will
manage the Bethlehem Township ShopRite, Colalillo said.
HOMES AND APARTMENTS
Aside from the retail component, the Madison Farms plan
calls for 57 single-family houses, 210 townhouses and 570 apartments.
The plan calls for 35 acres of the 100-acre property to
remain as open space, with a series of walkways, gazebos, small parks and ponds
connecting the retail and residential space.
"Throughout the planning process, we placed a keen
focus on designing an environment that would cultivate a community and
neighborhood feel," Kushner said.
The apartments could be built, rented and ready for
occupancy by the second quarter of 2015, with construction on townhouses and
single-family homes occurring during the second part of the project.
"This project has been on a long and winding road since
the early 2000s," said Paul Weiss, president of the Bethlehem Township
board of commissioners, who welcomed the developers and ShopRite to the
community.
Source: LVB.com
No comments:
Post a Comment