January 19, 2021

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Princeton Zoning Board hearing for Nassau Road assets to take place in December

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The 20 Nassau St. application listening to before Princeton’s Zoning Board of Adjustment was postponed to December, owing to challenges with the notice for the Nov. 18 listening to.

In accordance to the Zoning Board Chair Steven Cohen, the discover was faulty, ensuing in the listening to acquiring to be moved. The applicant will re-discover.

The subsequent scheduled assembly for the Zoning Board takes place on Dec. 16 at 7:30 p.m.

Software representatives are proposing the 20 Nassau St. office environment and retail building’s development into a new resort. If the Nassau and Chambers Road property is produced into a lodge, it would be the third lodge in or all around downtown Princeton and contend with the Nassau Inn at Palmer Sq. and the Peacock Inn at Bayard Lane.

The 6-tale office environment and retail making at the corner of Chambers Street was marketed in 2019 to GPNJ Proprietor, LLC., owned by Ben Weprin, the founder of AJ Cash Partners, an investment decision firm functioning out of Chicago that develops hotel places throughout the country. Weprin also launched Graduate Resorts, a firm that develops inns in university towns all-around America.

The building and residence consists of additional than 70,000 square toes and contained 13 stores and much more than 100 workplace suites. The suites experienced different psychologist and counselor offices.

In accordance to the application paperwork, the creating would be transformed into a 191-place lodge with retail utilizes and a cafe on the primary level.

The wing of the building on Chambers Street would be replaced with a new 6-story portion of the lodge and principal resort entrance that would have access to parking on Chambers Street. The current pedestrian entrance and relationship from Nassau Avenue into the lodge was proposed as becoming maintained.

The new building lodge would insert to Weprin’s Graduate Motels chain of boutique lodges. Graduate Resorts operates much more than 20 lodges in destinations all over the nation.

The undertaking would also be looking for several variances. They incorporate a D-4 variance for exceeding floor region ratio (Considerably) and bulk variances for the proposed new design. A parking variance was granted in 2018 to permit a improve of use from retail to allow for two food and drink works by using on the web site, in accordance to application documents.

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