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Old Bridge Township Redevelopment Agency Resolution 2026-08

CP Old Bridge conditional redeveloper term extended

Township of Old BridgeCP OLD BRIDGE LLCApril 23, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Description

The Old Bridge Township Redevelopment Agency extended CP Old Bridge LLC’s conditional redeveloper designation for the Old Bridge/Sommer property by an additional 180 days, now expiring October 25, 2026. All conditions of the August 10, 2022 Conditional Redeveloper’s Agreement remain unchanged while the Township finalizes the redevelopment plan.

Contract Details

Vendor

CP OLD BRIDGE LLC

Agency

Township of Old Bridge, NJ

Contract Type

OTHER

Document Date

April 23, 2026

Contract Term

Conditional redeveloper designation extended through October 25, 2026

Renewal Date

2026-10-25

Renewal Info

Existing conditional redeveloper designation assigned to CP Old Bridge LLC under Resolution 2025-23 and extended an additional 180 days by Resolution 2026-08, moving the expiration date from April 28, 2026 to October 25, 2026; conditions of the August 10, 2022 Agreement remain in effect.

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