HOPATCONG – The borough kicked off its revitalization effort with a groundbreaking ceremony Monday morning for a new mixed-use building to be built along River Styx Road.
The 20,000-plus square-foot building, being constructed by Greentree Development Group of Pompton Plains, is the first step in the redevelopment of the area near the River Styx Bridge. Known as Brookland at Lakepointe, the project will begin early next week, said Dave Gunia, division president at Greenpoint Development Group.
“Today is an exciting day in the borough of Hopatcong,” said Mayor Petillo. “This wonderful groundbreaking ceremony represents a culmination of five years of challenges, patience and persistence; and it celebrates our hope and our vision for the redevelopment of River Styx.”
Local, county and state officials were on hand to take part in today’s ceremony.
Just less than 5000 square feet in the new building will be devoted to street-level retail space with 15 condominium units available on the second floor. Shop windows will face River Styx Road and parking will be available behind the building.
The project is expected to be completed by late spring/early summer 2015. Pricing is still to be determined.