NJ Transit Awards Facilities Contract to DENHOLTZ (June 2026)

NJ TRANSIT approved a Master Development Agreement and Ground Lease with Denholtz to implement a mixed-use, multi-phase transit-oriented development at Red Bank Station. The project is expected to support ridership, strengthen downtown Red Bank, and generate about $10.5 million in long-term non-farebox revenue.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Renewal

Ground lease and development agreement terms, including renewal or extension options, are not detailed in the minutes and will be defined in the executed documents.

Document type

Minutes

Source document

NJ TRANSIT Minutes Board of Directors Meeting 2026-06-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by NJ Transit?

DENHOLTZ was awarded this facilities contract by NJ Transit, as recorded on June 10, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in NJ TRANSIT Minutes Board of Directors Meeting 2026-06-10 (Minutes), dated June 10, 2026 from NJ Transit. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does DENHOLTZ hold?

DENHOLTZ may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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