Monday, July 23, 2007

Speedwell Redevelopment


Today there was an article in the Daily Record about the 12-acre redevelopment area on and around Speedwell Ave. The article was interesting as I wasn't familiar with the plan previous; however I would have liked to have a better understanding of what is going to happen at the site. For instance, how are homes in the redevelopment still on the market? Are those homes being purchased by the development company? etc.

Also, I wonder how much development is too much in Morristown at one time? Obviously this low-income construction isn't going to compete with Vail Mansion or the other townhouses going up but is there really the demand for this change? Any thoughts?

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