Anchor Glass redevelopment moves forward

Date: 23 February 2006
The blighted 52-acre property that once held the Anchor Glass Container Corp. on Cliffwood Avenue could be converted into a township center with hotels, town houses, three anchor stores, and hundreds of office spaces and apartments.

That was the conceptual plan rolled out by Somerset Development, the Lakewood-based company that owns the property.The company's ambitious conversion plans took a positive step Tuesday night, when the township council signed off on designating the land an area in need of redevelopment.The council during the workshop session also designated Somerset the project's developers.
After their hourlong presentation, Mayor David Sobel said the development must "give people from the entire area a reason to go. If they accomplish that, that will make (the venture) successful, and it will thrive for years to come."

Somerset President Raphael Zucker said the company is eager to get started but will incorporate input from "major stakeholders and community members, at the right time."

600450 Anchor Glass redevelopment moves forward
Date: 23 February 2006

See more news about:

Others also read

Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded. reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment