Asbury Park Plans Drift Redevelopment Financial Agreement

Asbury Park plans to enter into a financial agreement with PHM Drift at Asbury Park Urban Renewal LLC for the 320 Asbury Avenue redevelopment. The ordinance also would grant a tax exemption; no agreement amount or term is stated.

Document date · September 22, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Renewal

Financial agreement and tax exemption; duration and renewal provisions are not stated.

Document type

AgendaPacket

Source document

City of Asbury Park AgendaPacket Municipal Council Meeting 2026-09-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Asbury Park?

Phm Drift at Asbury Park Urban Renewal Llc was awarded this government contract by City of Asbury Park, as recorded on September 22, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Asbury Park AgendaPacket Municipal Council Meeting 2026-09-23 (AgendaPacket), dated September 22, 2026 from City of Asbury Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Phm Drift at Asbury Park Urban Renewal Llc hold?

Phm Drift at Asbury Park Urban Renewal Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Phm Drift at Asbury Park Urban Renewal Llc's profile

What is City of Asbury Park currently buying?

Explore City of Asbury Park's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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