by admin | Jun 16, 2017 | Articles
Steve Lubetkin – Globest.com MIDDLETOWN, NJ- National Realty is developing The Shoppes at Middletown retail center, anchored by a Wegman’s store, but designed as a destination location, according to John Orrico, president of National Realty, who spoke exclusively with GlobeSt.com. A 340,000 square foot experiential retail destination is being planned for a former grocery store site in this Monmouth County community that is famous for its iconic “Calico the Clown” sign marking Food Circus, a once-popular grocery store. National Realty & Development’s Village 35 entity is developing The Shoppes at Middletown retail center, anchored by a Wegman’s store, but designed as a destination location with substantial green space, walkways, common areas, and an array of dining experiences, according to John Orrico, president of National Realty, who spoke exclusively with GlobeSt.com. “We have a commitment from Wegman’s for a 130,000 square-foot store, and a commitment from CMX Cinem a for a 26,000 square-foot store, and we are in the process of going through the entitlements for that project,” Orrico says. NJDEP has already approved the project, and NJDOT has given concept plan approvals, and actual plans are being finished for NJDOT. Full approvals from NJDOT for the realignment of jughandles and roadways are expected in the next two months or so, he says. “Usually, you’re not that far ahead on those two components when you’re at this stage of the entitlement process,” Orrico says. The location is part of a 170-acre tract assembled by Monmouth County’s Azzolina family. National Realty has acquired the front 50 acres of the property for the retail center, and a home developer is planning housing...
