RequestorLettersofInterestRedeveloPmentf

125DunnellRoad

Maplewood,NJ07040

IssueDate:

June2412009

DueDate:JulY15,2009,:00Pm

Formorenformationcontact:JosephManningTownshipdministrator

TownshipofMaPlewoodS74YalleyStreetMaplewood,NJ07040twpadm n@twp.maplewood. j.us973-762-8120

June24,2009

Background nformation

TheEconomic DevelopmentCommitteeof the TownshipofMaplewoods requesting ettersofInterest orthe redevelopmentf 125 DunnellRoad, the formersiteof the MaplewoodPoliceStationBlock:7-16, Lot10).Thepropertys .848acres n size ands ownedby the Township.Thesitesless han500 feet fromthe Maplewoodrainstation,whichis on a major NewJerseyTransit inewith directaccesso Newark,midtown NewYork andHoboken. t is alsoacrosshestreet rom MemorialPark,Maplewood's argestpark,with walking paths,concertvenue,duckpond,tennis andbasketballcourts,children's playgroundand numerousball fields. Thesite iswithinwalkingdistanceof MaplewoodVillage,aquaintdowntownhatis homeo restaurants,supermarket,multi-screenmovietheater,centeror theperformingarts,postoffice andarangeof retailand specialtyshops.In late 2008,heTownshipof MaplewoodsolicitedLettersof Interest ordevelopmentonceptsfor thesite. It receivedourconcepts:market ratehousing;a new YMCA,a health clubandsubsidizedhousingforartists andperformers.n 2009,the MaplewoodTownshipCommitteerevisedts objectivesorthe site and madehreesignificantdecisions:1)On Apr1121,2009,he TownshipCommitteedesignatedl25DunnellRoad as anareain needof rehabilitationaspertheLocal Redevelopmentnd HousingLaw, N.J.S.A40A:l2A-1etseq.2)On May 19,2009, he TownshipCommitteeapprovedresolutionexpressingitspreferenceor the developmentf 125 DunnellRoad sto demolish hecurrent buildingand replaceitwith"marketrate residentialunits,incorporatinga high degreeofsustainability,ncludingmeetingLEEDcertificationand maintaininga characteranddesignappropriateo the area."3) The MetroCompany,LLCwas hiredby the Townshiptopreparea redevelopmentplanfor 125DunnellRoad. Theplaniscurrently beingdraftedand is expected obepresentedtothe TownshipCommitteelater thissummer.The adoptionofaredevelopment lanis aprerequisiteo the selectionof a redeveloperpursuanto theprovisionsof the LocalRedevelopmentnd HousingLaw.

Letterof Interest:

TheEconomicDevelopmentCommitteesseekingLettersofInterestorthe redevelopmentf125DunnellRoadas market rateresidentialhousing,incorporatinga high degreeofsustainability,ncludingmeeting LEEDcertificationand maintaininga characterand designappropriateo thearea. TheLetters ofInterestare to bepreparedn accord withthe backgroundinformationaboveandthe requirementshatfollow.