A developer hoping to build a controversial five-story, 411-unit apartment complex on the east edge of Lakewood’s Belmar Park has sued the city, claiming local leaders’ recent adoption of a citizen-inspired land use ordinance risks tanking the project. Kairoi Properties LLC accuses Lakewood of a bait and switch in its Dec. 20 lawsuit. It alleges that the city changed its rules for residential projects by eliminating the ability of developers to pay a fee in place of setting aside parkland … Continue reading “Developer sues Lakewood over rule change it fears could sink apartment project near Belmar Park”
Author Admin Posted on December 31, 2024January 27, 2025Categories Economy Leave a comment on Developer sues Lakewood over rule change it fears could sink apartment project near Belmar Park