Developer iStar Launches Multi-billion Dollar Redevelopment Plan in Asbury Park, NJ

iStar | August 19, 2015

Asbury Park, NJ, August 19, 2015 – After a colorful history and a checkered past, Asbury Park, NJ is finally looking at a brilliant future. A multi-billion dollar redevelopment plan announced today will transform a 1.25-mile stretch of Asbury Park waterfront with carefully curated residential, hotel, and infrastructure projects. iStar (NYSE: STAR), the visionary real-estate investment company whose roots in Asbury Park stretch back a decade, is leading the revitalization, which involves more than 20 individual projects. Ten years in the making, the plan represents one of the most significant redevelopments ever undertaken on the E...