PIRHL to build Over-55, affordable- housing development in Freehold, NJ
FREEHOLD, NJ – A 75-unit, housing development for people 55 and older has been granted state environmental permits and is headed for construction. PIRHL will build the four-story community, Wemrock Senior Living, and plans to complete it by November 2019. Five housing units will be set aside for formerly homeless residents. “These features enhance the project’s appeal and the lives of those who reside there,” said Michael Gross, a shareholder with Giordano, Halleran & Ciesla in Red Bank, who is PIRHL’s environmental lawyer on the project. “Coupled with stable demographic fundamentals, low senior multi-family residential supply, and a governmental openness to affordable housing that typically is not available, Wemrock Senior Living is positioned to provide the residents of Freehold and the surrounding area much needed, quality affordable housing,” said Lara Schwager, development VP of PIRHL. The NJ Dept. of Environmental Protection approved the flood hazard and freshwater wetlands permits on June 5. The project is awaiting soil conservation district, road opening and building permits, and construction will then begin.