City approves fifth amendment to Asbury Partners SDA

The City of Asbury Park approved a Fifth Amendment to its Subsequent Developer Agreement with Asbury Partners, LLC and Somerset Asbury Park Urban Renewal, LLC for the waterfront redevelopment at Block 4105, Lot 1.01. The amendment formalizes construction logistics, paid use of nearby parking spaces, and limited weekend crane operations under strict safety, insurance, and indemnity conditions.

Document date · April 22, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Renewal

Fifth Amendment further modifies the January 25, 2023 Subsequent Developer Agreement, previously amended four times; it adds detailed construction logistics, parking fee, and insurance/indemnity provisions.

Document type

AgendaPacket

Source document

City of Asbury Park Agenda Packet 2026-04-22

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City of Asbury Park, New JerseyApr 22, 2026

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City of Asbury Park, New JerseyApr 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Asbury Park?

Asbury Partners Llc was awarded this government contract by City of Asbury Park, as recorded on April 22, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Asbury Park Agenda Packet 2026-04-22 (AgendaPacket), dated April 22, 2026 from City of Asbury Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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