Anchor Glass redevelopment moves forward

Date: 23 February 2006
Source: App.com

Date: 23 February 2006

The blighted 52-acre property that once held the Anchor Glass Container Corp. on Cliffwood Avenue could be converted into a township center with hotels, town houses, three anchor stores, and hundreds of office spaces and apartments.

That was the conceptual plan rolled out by Somerset Development, the Lakewood-based company that owns the property.The company's ambitious conversion plans took a positive step Tuesday night, when the township council signed off on designating the land an area in need of redevelopment.The council during the workshop session also designated Somerset the project's developers.
After their hourlong presentation, Mayor David Sobel said the development must "give people from the entire area a reason to go. If they accomplish that, that will make (the venture) successful, and it will thrive for years to come."

Somerset President Raphael Zucker said the company is eager to get started but will incorporate input from "major stakeholders and community members, at the right time."
600450 Anchor Glass redevelopment moves forward glassonweb.com

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