Allenhurst Power Station Project to Deliver Affordable Housing and $22 Million in New Revenue
Construction has begun on The Power Station at Allenhurst, a long-awaited multi-phase redevelopment project that will bring new housing and economic revitalization to this Jersey Shore community.
The first phase is already in motion, set to bring 28 luxury townhomes within walking distance of the ocean and Deal Lake. Future phases will add a mixed-use building with 62 market-rate apartments, along with 23 affordable housing units.
Over the next 30 years, this redevelopment is projected to generate $22 million in new municipal revenue, positioning the borough to invest in tax relief, infrastructure updates, and the ongoing development of its downtown.
So the next time you’re in this historic neighborhood, take a moment to watch the future of Allenhurst take shape.
Learn more about The Power Station ➡️ bit.ly/44NUJSy