Amended Redevelopment Agreement for Multi-Site Old Bridge Project
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Description
The Old Bridge Township Redevelopment Agency has authorized the execution of an amended and restated Redevelopment Agreement with Segme Old Bridge GC Urban Renewal, LLC for a large-scale multi-site redevelopment including warehouses, retail, office, and a municipal golf course. The amended agreement adds additional properties and clarifies the redevelopment scope, pending final legal review.
Contract Details
Vendor
SEGME OLD BRIDGE GC URBAN RENEWAL LLC
Agency
Township of Old Bridge, NJ
Contract Type
CONSTRUCTION
Document Date
September 25, 2025
Renewal Info
Includes prior amendments: original agreement approved 2022-05-12 (Res. 2022-09), first amendment 2023 (Res. 2023-14), and now this further amendment (Res. 2025-21). Effective upon final approval by Agency and Township Attorneys.
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Old Bridge Redevelopment Agency Agenda 2026-05-28
Old Bridge Redevelopment Agency Resolution 2026-11 2026-05-28
Old Bridge Township Redevelopment Agency Resolution 2026-13 2026-05-28
Old Bridge Township Redevelopment Agency Resolution 2026-13 2026-05-28
Old Bridge Township Redevelopment Agency Resolution 2026-13 2026-05-28
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