In the Community

Important Planning Board Mtg TONIGHT-Fate of Parsippany High-Rise

Posted in: Development, Featured, View All Entries by admin on May 16, 2011

Tonight the Parsippany Planning Board will make a decision on a development project that could drastically effect the layout of Parsippany Road and set a precedent for dozens of properties in Parsippany.   This project began this past January, when the Parsippany Township Council voted to declare 272 Parsippany Road as in need of “rehabilitation.”  As such, the developer is in front of the Planning Board requesting a number of variances to build  five-story building with a bank in front  and 50 condominiums set back behind.  This area within throwing distance of three other pre-existing developments — Colonial Heights, Parsippany Gardens and Westgate.

When asked to reduce the size of the building and the number of total units, the developer resisted and said that 50 units is the only way to receive a return on investment.

**Please come to Planning Board Meeting TONIGHT, May 16th at 7:30pm when they will make their final decision on this controversial project.  The meeting will be held at Parsippany Municipal Building - 1001 Parsippany Blvd.