Agency extends March conditional redeveloper designation
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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.
More from MARCH DEVELOPMENT LLC
More from Township of Old Bridge
Old Bridge Public Library Board of Trustees Meeting Agenda 2026-05-13
Old Bridge Township Redevelopment Agency Resolution 2026-08
Old Bridge Township Redevelopment Agency Resolution 2026-08
Old Bridge Redevelopment Agency Agenda April 2026
Old Bridge Redevelopment Agency Resolution Bill List April 2026
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