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AQ Rittenhouse Breaks Ground

Over two years ago, we first broke the news that a mixed-use building would be replacing the long-vacant and blighted YWCA Annex building on the 2000 block of Chestnut Street. Back in January, we told you that demolition efforts were finally underway. And last week, an official groundbreaking took place at 2017-23 Chestnut St. for the building that will eventually be known as AQ Rittenhouse.

In case you don't remember the deets (and can't read the sign in the photo above), the project is being developed by Aquinas Realty Partners. The twelve-story building will include 110 apartments and a commercial space on the first floor that's still available for rent, if you're interested. Freire Charter School, located next door, will expand into the basement of the new building, providing much needed additional space. The structure was designed by BLT Architects and Stampfl, and will be shooting for LEED Silver certification.

Amenities include a central courtyard and garden on the second floor, and a sky terrace with a hot tub, grills and fire pits. So entertaining should be pretty wonderful here in the warmer months. There will also be a concierge, a fitness center, bike storage and repair, covered car share parking, and a dog wash room. Combine those with the prime location, and you're looking at a very desirable place to live.

Isn't it wonderful that this project is finally moving forward? After decades of vacancy at this site, we'll soon have vibrancy, energy, people, and commerce. And if you considering the number of additional apartment buildings that have gone up in the area in the last couple of years, it's clear that this part of Center City is in the middle of a little boom. We can't wait to see what's up next.

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Beach Haus brewery set to transform iconic bakery site in Belmar

Despite its Jersey Shore roots, the East Coast Beer Co. has spent the last four years brewing its products more than 300 miles from any boardwalk, beach or ocean.But that’s set to change later this year. By late this summer, the maker of Beach Haus beer hopes to open its first permanent home in downtown Belmar, taking the former site of the iconic Freedman’s Bakery to build its new microbrewery and headquarters.

The transformation of the landmark building leapt forward last month when MB1 Capital Partners, a Wall-based development firm, closed on the Main Street property. The company now plans to redevelop the site into a 36,000-square-foot retail center anchored by the East Coast Beer facility, which it hopes will be a new tourist attraction.

The project will revitalize the site of a family business that closed earlier this year after more than 60 years in the borough. But it’s also doubly sweet for MB1, whose principals have an ownership interest in the beer company.

“We’ve all experienced a lot of good times in growing up along the Belmar corridor, and Belmar seems to be that center core of the Jersey Shore area,” said Joel Brudner, an MB1 principal and Monmouth County resident. “Having a downtown location in an iconic building was just natural for us.”

East Coast Beer Co., which was founded in 2009 by Brick natives John Merklin and Brian Ciriaco, produces four Jersey Shore-themed beers including its main Beach Haus pilsner and a black lager called Winter Rental. Since then, the company has done “contract brewing” at a facility in Rochester, N.Y., Brudner said, effectively renting the space whenever it needed to replenish its stock.

But the company’s owners decided last year that they had built the brand and gained enough market share to invest in its own facility, he said. East Coast distributes in six states besides New Jersey, selling draft and bottled beer.

That has led to the multimillion-dollar project in Belmar. Brudner said that rather than pick an industrial location, East Coast sough to “pick a point in the Shore area that would give us exposure, but would also be kind of a benefit to one of the Shore towns.”

“It’s hard to replace a location like that, and we also think it’s great for a town that, just like many others, has been hit hard both by the economy and (Hurricane Sandy),” Brudner said. “So it will really be a boost for everyone.”

The craft brewery will produce and package Beach Haus beers for distribution to wholesalers and retailers, the company said. It also will be open for educational tours and tastings, while allowing East Coast Beer to expand its line of specialty beers.

The facility will occupy about half of the commercial space at the new site, which requires minor demolition, Brudner said. He added that the company will push to open by late summer.

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MB1 Capital Partners Acquires Former Freedman’s Bakery to Convert into a Brewery

BELMAR, NJ (PRWEB) February 06, 2014 -- The creation of the East Coast Beer Co. microbrewery in Belmar took a giant step forward today, as MB1 Capital Partners purchased the former Freedman’s Bakery building and established an aggressive timeline for construction.

“We’ve now closed on the property and will be working closely with Belmar officials in the upcoming weeks as our plans undergo municipal review,” said Joel Brudner, a principal of MB1 Capital Partners, a real estate investment firm that is redeveloping the property. “We are moving along on all facets of the project and are eager to create a landmark in Belmar that will further enhance this great shore town with the brewery as a major attraction.”

MB1 will complete the building renovations and lease the majority of the building to East Coast Beer Co., which produces a signature line of craft brews under the well-known “Beach Haus” label. The principals of MB1 Capital Partners have an ownership interest in East Coast.

The craft brewery will produce and package malt beverages for distribution to wholesalers and retailers. The brewery will also be open for educational tours and tastings, and is expected to be a destination location for visitors and tourists.

John Merklin, a founder of East Coast Beer Co., said he is eager for workers to begin the conversion from a bakery to the brewery, noting the building will be outfitted with state-of-the art equipment to brew the entire portfolio of beer styles.

“Belmar is an iconic Jersey Shore community; this is going to be the perfect fit for an established Jersey Shore beer,” said Merklin, adding the craft brewery will serve as an attraction to visitors throughout the year and will be a boon for neighboring businesses.

Andrea Garcia, Jaffe Communications, +1 (973) 315-0300, This email address is being protected from spambots. You need JavaScript enabled to view it.

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