{"id":2087,"date":"2014-11-17T05:29:30","date_gmt":"2014-11-17T10:29:30","guid":{"rendered":"https:\/\/www.shorebeat.com\/brick\/?p=2087"},"modified":"2014-11-16T23:14:14","modified_gmt":"2014-11-17T04:14:14","slug":"brick-holds-back-performance-bond-for-nobility-crest-development","status":"publish","type":"post","link":"https:\/\/shorebeat.com\/brick\/2014\/11\/brick-holds-back-performance-bond-for-nobility-crest-development\/","title":{"rendered":"Brick Holds Back Performance Bonds for Nobility Crest Development"},"content":{"rendered":"
\"The<\/a>

The New Visions, formerly Nobility Crest, development under construction in Brick, N.J. (Photo: Daniel Nee)<\/p><\/div>\n

Brick officials have decided to hold back bonds its holds from the developer of what was once known as the Nobility Crest development, which is now under construction off Ovation Way behind the township\u2019s post office.<\/p>\n

The development, which is now being advertised as \u201cNew Visions,\u201d is being constructed by Ryan Homes. It was originally intended to be a senior citizen community, but the developer took advantage of a law passed by the state legislature in the wake of the 2008 mortgage crisis that allowed age-restricted developments where no units had been sold to be converted to general housing. The developer threatened to sue the township if it blocked the conversion, ultimately resulting in a settlement between the two parties where fewer units would be built.<\/p>\n

\"The<\/a>

The New Visions, formerly Nobility Crest, development under construction in Brick, N.J. (Photo: Daniel Nee)<\/p><\/div>\n

Performance bonds are effectively deposits held by the township government in order to ensure a developer complies with building and zoning codes. In this case, several bonds have been held back \u2013 for three phases of the development \u2013 for a number of reasons.<\/p>\n

\u201cWhen the township engineer went out to inspect the site, it was determined there were multiple projects yet to be installed,\u201d said Council President Susan Lydecker.<\/p>\n

Specifically, officials cited an inability to conduct a required inspection of the site\u2019s stormwater piping and structures due to soil erosion protection measures built around them, concerns regarding ongoing utility connections (water, sewer, gas and other underground work in close proximity to stormwater system components), incomplete as-built drawings submitted to the township engineer, and the lack of a written certification from the Ocean County Engineer\u2019s office approving all bonded improvements located in the county\u2019s right-of-way.<\/p>\n

The development is intended to be a mixed commercial and residential project consisting of 214 housing units, 170 of which will be townhouses and 44 of which will be apartments located over commercial\u00a0space. The commercial\u00a0space will total 20,000 square feet.<\/p>\n

<\/div><\/div>","protected":false},"excerpt":{"rendered":"

Brick officials have decided to hold back bonds its holds from the developer of what was once known as the Nobility Crest development, which is now under construction off Ovation Way behind the township\u2019s post office. The development, which is now being advertised as \u201cNew Visions,\u201d is being constructed by Ryan Homes. It was originally […]<\/p>\n","protected":false},"author":1,"featured_media":2088,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2],"tags":[24,576,577],"class_list":["post-2087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-brick-nj-news","tag-new-visions","tag-nobility-crest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/shorebeat.com\/brick\/wp-content\/uploads\/2014\/11\/nobility_crest_1-e1765475342868.jpg","jetpack_shortlink":"https:\/\/wp.me\/pgt2Ft-xF","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/2087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/comments?post=2087"}],"version-history":[{"count":0,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/2087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/media\/2088"}],"wp:attachment":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/media?parent=2087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/categories?post=2087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/tags?post=2087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}