New Jersey breaks ground on $70m, 275-home project at abandoned Army site
Developers have broken ground on 'The Premiere at Monmouth,' a $70 million residential and retail project located at the site of the former Fort Monmouth military base in New Jersey. The project aims to revitalize the long-abandoned area by adding 275 homes, retail spaces, and public amenities.
Why it matters
This project represents a significant urban renewal effort, transforming a defunct military installation into a modern mixed-use community to stimulate local economic growth.
For two decades, a stretch of Eatontown, New Jersey, stood as a reminder of a community left behind. Once home to military families, the abandoned Howard Commons site gradually deteriorated, its vacant buildings and neglected grounds becoming an eyesore along Pinebrook Road. Now, the long-neglected property is set for a dramatic transformation, with developers betting that new homes, shops and a nearby Netflix production campus could help usher in a new chapter for the region.According to reports by the New York Post and Realtordot com, developers have broken ground on The Premiere at Monmouth, a $70 million residential and retail development planned for the former military housing site.
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