By Amanda Valentovic on HEADLINE NEWS, WEST ORANGE
WEST ORANGE, NJ — At its June 26 meeting, the West Orange Township Council approved a resolution allowing the transfer of Greenfield’s ownership interests in DGP Urban Renewal and Prism Green Associates IV, the redevelopers for Edison Village on Main Street. DGP was responsible for the recently completed Phase I of the project and Prism […]
By Sean Quinn on HEADLINE NEWS, WEST ORANGE
WEST ORANGE, NJ — Construction has finally begun on the long-stalled Edison Village project, approximately 10 years after the township first entered into a redevelopment agreement to build the mixed-use complex. According to Mayor Robert Parisi, workers have started interior demolition within the Edison Battery building, clearing some of the existing infrastructure in preparation for […]
By Sean Quinn on HEADLINE NEWS, WEST ORANGE
DGP closes on long-awaited $70 million loan for Edison Village with PNC Bank, property transferred
WEST ORANGE, NJ — Edison Village redeveloper DGP Urban Renewal LLC has finally closed on its $70 million construction loan, resulting in the transfer of property from former redeveloper GP 177 Main Urban Renewal LLC to DGP and the execution of the August 2015 redevelopment agreement. The West Orange Township Council approved the modification to […]