all abandoned.

This unassuming and partially unoccupied building serves as offices for Asbury Partners LLC. Many stairs lead to nowhere; perhaps to storefronts of summers past.

Asbury Partners, LLC was named master developer for Oceanfront Asbury, a 56-acre waterfront redevelopment project in Asbury Park, New Jersey, on August 1, 2001. The company is a joint venture partnership of various finance and real estate interests. Asbury Partners is commissioning all design, engineering and approval functions, and will handle infrastructure improvements during the course of the redevelopment project. They are expected to fund at least $50 million toward the effort, including in infrastructure, marketing and approval activities. The firm has already invested a significant portion of that amount to launch the project. Encompassing an estimated $1.25 billion in total economic development upon completion, the project aims to ultimately restore Asbury Park to its renowned stature as the “Jewel of the Jersey Shore.” It includes an unprecedented effort to incorporate urban empowerment priorities in the overall redevelopment goals.

Source: Asbury Partners, LLC homepage

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