Old Bridge Township Redevelopment Agency Resolution 2025-07 Extending Redeveloper Timeframe
Redeveloper Appointment Extended for March Development LLC
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Description
The Old Bridge Township Redevelopment Agency has extended the appointment of March Development, LLC as Conditional Redeveloper for the Old Bridge/Sommer Property by 180 days, with a new term expiring October 30, 2025, subject to plan adoption and formal appointment.
Contract Details
Vendor
MARCH DEVELOPMENT LLC
Agency
Township of Old Bridge, NJ
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 24, 2025
Contract Term
Extended 180 days; now expires October 30, 2025
Renewal Date
2025-10-30
Renewal Info
Another 180-day extension from May 3, 2025 to October 30, 2025 for March Development, LLC as Conditional Redeveloper per Resolution 2025-07. All prior agreement terms continue.
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