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Article: UPDATE: Madison Marquette Named Developer of Asbury Park Ocean Front Retail and Entertainment Development.
- Article from:
- PR Newswire
- Article date:
- May 22, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Major Retail and Entertainment Redevelopment Plans Announced
LAS VEGAS, May 22 /PRNewswire/ -- Madison Marquette announced today at the ICSC Convention that it will lead the retail and entertainment redevelopment of Asbury Park, New Jersey, an historic oceanfront community that is rapidly regaining its title as the "Jewel of the Jersey Shore."
"Madison Marquette is eager to begin restoring Asbury Park to its historic prominence among east coast beach communities," said Gary Mottola, Managing Director and Head of Investments of Madison Marquette. The company entered into a joint venture with Asbury Partners, the official master developer of Asbury Park. ...
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