North Beach moving ahead
As a vital component in the redevelopment of Asbury Park and the first
builder to break ground on oceanfront housing construction, Paramount
Homes is in a position to offer an accurate account of the city's
ongoing progress, as well as to reaffirm our powerful commitment to
its continued positive growth.
During this past summer, the many homeowners who have already taken
occupancy at our North Beach condominium community witnessed a
reinvigorated boardwalk area teeming with beachgoers and vacationers -
a clear indication of the city's return to seasonal vibrancy. Those
same homeowners also saw significant commercial improvements, such as
the remodeling of Convention Hall and the Paramount Theater and a new
restaurant at the site of the former Howard Johnson's. Further,
deteriorating portions of the Casino building have been demolished to
make way for a new entertainment complex. Major improvements to the
landscaping of the oceanfront area and surrounding pavilions have been
facilitated.
Having frequented Asbury Park beaches during their childhood, many
homeowners have an acute point of reference in regard to the progress
being made. Indeed, they may cite not only the improvements I have
outlined, but can also sense the city is on the right track toward
recapturing its historic allure both as a summer resort and a
year-round place to call home. These residents have validated their
hopes for the future of Asbury Park by purchasing at North Beach when
they could have opted for myriad other locations along the Jersey Shore.
Paramount Homes is forging ahead with improvements of our own,
including a new Sales and Information Center, as well as completion of
the amenities spaces in the Monterey building. We are actively
pursuing development approvals for the next phase of North Beach,
which will include construction on a neighboring block.
We wouldn't be making such strong commitments if we were not convinced
that Asbury Park is destined to recapture its proud status as "The
Crown Jewel of the Jersey Shore."
Jeffrey Fernbach
PRESIDENT
PARAMOUNT HOMES
JACKSON
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