Sayreville Economic and Redevelopment Agency (SERA)
Sayreville, NJ
Sayreville NL Redevelopment Site – Riverton
Project Features:
Guided the redevelopment planning of over 400 acres and 3 miles of waterfront into a large-scale, mixed-use destination.
Prepared the official Redevelopment Plan in coordination with SERA, legal counsel, environmental consultants, and financial advisors.
Developed and administered a Request for Proposals (RFP) and led evaluation efforts resulting in selection of a nationally recognized redeveloper.
Supported a $1.9 billion phased redevelopment program anticipated to generate significant long-term economic and tax revenue.
Integrated substantial open space preservation, securing additional funding through coordination with County Open Space and NJDEP Green Acres programs.
Program Elements:
1.4 million SF retail, including a 550,000 SF power center
Residential development with approximately 2,000 units (multifamily and single-family)
2 million SF office space and 425+ hotel rooms
Entertainment, conference center, marina, and regional attractions