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Old Bridge Township Redevelopment Agency Resolution 2026-08

Agency extends March conditional redeveloper designation

Township of Old BridgeMARCH DEVELOPMENT LLCApril 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Old Bridge Township Redevelopment Agency reaffirmed and extended the conditional redeveloper designation originally granted to March Development, LLC for the Old Bridge/Sommer property, continuing all terms of the August 10, 2022 Conditional Redeveloper’s Agreement. The most recent resolution extends the overall designation period through October 25, 2026 to allow time for adoption of a redevelopment plan.

Contract Details

Vendor

MARCH DEVELOPMENT LLC

Agency

Township of Old Bridge, NJ

Contract Type

OTHER

Document Date

April 23, 2026

Contract Term

Initial 180-day designation starting July 28, 2022, with multiple 180-day extensions through October 25, 2026

Renewal Date

2026-10-25

Renewal Info

Conditional Redeveloper designation first granted July 28, 2022 for 180 days and extended sequentially via Resolutions 2022-26, 2023-12, 2023-27, 2024-11, 2024-29, 2025-07, and 2025-23; Resolution 2026-08 further extends the designation period to October 25, 2026 while maintaining all conditions of the August 10, 2022 Agreement.

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