Apartment

TOMS RIVER – Two six-story apartment towers, which supporters and opponents both agree will transform downtown Toms River, received the green light Wednesday night from the township’s Planning Board.

“This project is key to the economic revitalization of downtown Toms River,” Planning Board Chairman Ronald Heinzman said before voting “yes” on the project, which was approved by a 6-to-0 vote following a four-hour-long public hearing.

Capodagli Property Co. plans to build the two apartment buildings on land formerly occupied by the Red Carpet Motel, at Main and Water streets in the downtown. The units will contain 281 apartments and about 14,800 square feet of retail space.

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TOMS RIVER — Capodagli Property Co. plans to revise plans for two apartment towers in downtown Toms River, reducing the size of the buildings from 10 to six stories, Mayor Maurice B. “Mo” Hill Jr. said.

“They have been getting a lot of negative feedback,” Hill said of the developer’s reasons for reducing the size of the project. The towers will still contain 285 apartments, the mayor said.

The project would be located at the corner of Water and Main streets, at the former site of the Red Carpet Inn.

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TOMS RIVER, NJ — It’s a busy week for meetings in Toms River, with the Township Council, Planning Board and Board of Education all set to meet.

Agendas have not yet been posted for the council meeting or planning board; however, a public notice published Nov. 30 said the Toms River downtown development project was set for the Planning Board meeeting.

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