Denholtz Plans Three-Building Development at Red Bank Train Station

Big changes are coming to Red Bank's train station, as Denholtz Properties unveils plans to turn parking lots into a mix of apartments and retail space. Two modern six-story buildings joined by glass will go up north of Chestnut Street, while a five-story building will be built to the south. A new road will connect Chestnut Street to East Leonard Street, adding parking where a transit barrier currently exists. The whole area will become more walkable.

The development will set aside 20% of its homes for affordable housing, including units for veterans. The surface lots will give way to a new parking garage. Street-level retail will mix with 20,000 square feet of studio space where artists and craftspeople can work. The historic train station building will stay put throughout construction. New green spaces will surround it, making room for weekend markets and outdoor dining. A new café will open next to the ticket window.

The current parking lots will transform into a lively community right by the train platform. It's one piece of a larger effort to revitalize both the station area and downtown. Community input has shaped many features. At a town meeting, residents asked for more trees, bike racks, and electric car charging stations. They suggested adding water fountains and Wi-Fi zones. Town officials say this fits their goals for growth around transit hubs. They'll give local shops and grocery stores first choice at retail spaces - something residents pushed for.

In 2019, the Borough considered applying for New Jersey Transit Village designation but lacked a zoning ordinance or redevelopment plan supporting that effort.

The project still needs the green light from town officials who'll decide final numbers for apartments and parking spaces. The state's Aspire program might help with construction costs.