The KIP20/Andrews Management Proposal is before the Zoning Board on November, 1st.

The first official meeting to consider the out-of-compliance proposal by KIP 20 and Andrews Management Group to develop four “medical” offices on the 125-127 Red Hill Road now vacant lot is on the agenda for the Zoning Board meeting on November, 1st. We have again retained counsel and will be opposing this out-of-code usage for historic Residential/Agricultural land.

In contrast to KIP 20’s never ending crusade to wreck the Gateway to Holmdel and Middletown, It is good to see the Township Committee and a private developer work together for the betterment of Holmdel and produce a happy resolution in the acquisition of 35 acres at Crawford’s Hill to preserve the historic Holmdel Horn Antenna and create a public park around it. That has left the property owner with an 8 acre lot and the blessing of the Township Committee to develop it in a manner that allows for specific uses to ensure that site's future use is "generally consistent with those when the building was occupied," the township said. These uses include office, medical, health, research lab, and educational facilities.’ It seems like the Township of Holmdel is already on board with providing for office spaces, particularly medical offices, in a manner that preserves the nature of this historic town.

You can read all about this deal here: https://patch.com/new-jersey/holmdel-hazlet/holmdel-developer-reach-agreement-preserve-crawford-hill. There are a few interesting things to note:

  1. The 35 acre lot sold for $4.75 million net (after a donation to the Township was agreed). That’s price of $135k per acre, which would value the 125-127 Red Hill Road property, now on the books as a “vacant lot,” at just $673,000, nowhere near the $2,000,000 that was being sought for by KIP 20 on the false basis that the 125-127 Red Hill Rd property was “commercial land.” This is, however, still quite a bit of a premium to its current assessed value.

  2. The Township enacted a development plan with the terms highlighted above, and everybody seems please with the outcome. This shows the value of working with the people of your town to develop in a manner consistent with the master plan, rather than barging in and working on the assumption that rules don’t apply to people with money to burn.

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KIP 20 Just Really Seems to Struggle with Zoning Requirements