Township of Verona Awards Facilities Contract to Dmh2 Llc (August 2026)

The Township of Verona approved a Redevelopment Agreement with DMH2, LLC to redevelop 176-200 Bloomfield Avenue with up to 28 residential units, including four affordable units subject to a 40-year deed restriction. The agreement lays out detailed timelines, bonding, environmental, escrow, and deed restriction obligations for DMH2 as the exclusive redeveloper of Block 202, Lots 1 and 23.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Project timeline: planning approvals within 9 months of agreement adoption; governmental approvals within 12 months after final Planning Board approvals; commence construction within 12 months after approvals; complete construction within 24 months after commencement; 40-year deed restriction on 4 affordable units

Renewal

The core redeveloper designation continues until issuance of a Certificate of Completion for the project, after which most covenants terminate except those explicitly surviving in the Declaration and the 40-year affordable housing deed restriction. The agreement may be terminated earlier by DMH2 or the Township upon specified Events of Default, failure to obtain acceptable approvals or financing, or adverse litigation outcomes as defined in Articles 4, 5, and 6.

Document type

Agreement

Source document

Township of Verona Agreement Redevelopment Agreement for 176-200 Bloomfield Avenue 2026-08-17

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township-of-verona-township-council-agenda-september-8-2025_c08.pdf

APPROVED

Township of Verona, New JerseySep 8, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Township of Verona?

Dmh2 Llc was awarded this facilities contract by Township of Verona, as recorded on August 17, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Township of Verona Agreement Redevelopment Agreement for 176-200 Bloomfield Avenue 2026-08-17 (Agreement), dated August 17, 2026 from Township of Verona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Dmh2 Llc hold?

Dmh2 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.

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