Thursday, January 26, 2006

Jones Lang LaSalle


Washington Township

In Washington Township, the town center concept has entered a new phase, with the opening of the Roma Bank headquarters on Route 33. The look of the entire stretch of Route 33 from Washington Boulevard to Route 526 may be transformed over the next year.


While August will mark the fifth anniversary of residents signing the first leases to buy houses in Washington Town Center, no retail shops have opened.

That will change in the next year, according to Tom Troy, senior vice president for the largest Town Center developer, Sharbell Development.

At the corner where routes 33 and 526 meet, a restaurant may open in the summer in the first of several buildings Sharbell will build that will include retail space on the first floor and condominiums and apartments on the upper floors.

Troy said upscale retailers, including national coffee shop and ice cream chains, remain interested in Town Center.

"We have a lot interest and I'm very pleased," Troy said.

Troy expects the first Sharbell mixed-use building to be complete by early 2007, the second to be complete or nearly complete, the third to be under construction and a fourth building near the start of construction.

Troy has heard from Town Center residents who are eager to see the long-promised shops.
"They bought into a lifestyle," that included close access to shopping, he said. "It's nice when we're all working toward the same object."


Another expected change in Town Center will be the addition of a traffic signal at Lake Drive, according to Township Administrator Mary Caffrey. This will allow traffic to turn into the Roma Bank building, which can then add ground-floor retail businesses.

"We're really going to see in 2006 the fruition of the commercial development," Caffrey said.
Two other developers - King Interests and Marrazzo - may move forward with commercial development on the south side of Town Center, while the Kushner Companies plan a heavily residential development. The township government has raised concerns with the effect of residential development in that area due to state delays in a proposed Route 33 bypass.


- Andrew Kitchenman