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Construction Progressing On Wesley Grove Sales Center In Asbury Park; Early Summer Opening Expected For Downtown Office

Construction is progressing on the new Sales Center for Wesley Grove at Asbury Park, a new luxury community now under development by Westminster Communities. Phase One of the development will feature 146 luxury townhomes, condominiums and duplexes in two art deco-inspired buildings, pictured in this Lake Avenue rendering.

Construction is progressing on the new Sales Center for Wesley Grove at Asbury Park, as excitement continues to escalate for the new luxury community now under development by Westminster Communities. More than 1,000 prospective buyers have already placed their names on a priority list for the planned waterfront development that the Center will market.

Phase One of Wesley Grove will include 146 luxury townhomes, condominiums and duplexes, with approximately 10,000 square feet of retail amenities. Situated on prime property in the Wesley Lake district, the emerging community will feature spectacular views of the lake and the Atlantic Ocean, spacious homes with the latest amenities, just steps away from Asbury Park's newly burgeoning downtown. The pedestrian-friendly community will also include private garage parking.

Sales Center Showcases Downtown Lifestyle

The Sales Center is located at 600 Cookman Avenue in the Press Plaza, adjacent to the site where Wesley Grove at Asbury Park is beginning to take shape. It is in the heart of Asbury Park's shopping area with an eclectic mix of boutiques, restaurants and art galleries that is drawing visitors and new residents to the historic shore town's business district and recently renovated boardwalk. Just minutes away is the local train station,making Wesley Grove an ideal residence for rail commuters.

According to Sam Gershwin, president of Westminster Communities, the Sales Center for Wesley Grove at Asbury Park will open in early summer, at the height of the home-buying season, and just as beachgoers flock to Asbury Park's sandy shores. The opening marks the next major step in a waterfront project that is contributing to the city's renaissance.

"With warm weather right around the corner and inquiries for Wesley Grove at an all-time high, we are looking forward to welcoming prospective buyers in a location that showcases all the wonderful aspects of this new community," said Gershwin.

The Sales Center will feature a theater where a virtual reality DVD presentation will project the lifestyle available at Wesley Grove at Asbury Park, highlighting on-site conveniences and regional attractions.

The Center will also include a scale model of the first building's exterior and replicas of the available high-tech kitchens and baths to be featured in the luxury residences.

Historic Charm with Modern Conveniences

Designed by architect Minno & Wasko of Lambertville, New Jersey, Wesley Grove at Asbury Park will reflect the charm of a historic seaside town, while offering residents the most sought-after modern amenities. Each home will feature an oversized master bedroom and bath, the latest kitchen appliances, and individual washer and dryer hookups. Beautiful finishing details will include wall-to-wall carpeting in the main living areas. A gas-fired HVAC system will provide efficient and economical comfort.

The 46 luxury townhomes included within Phase One will offer approximately 1,600 square feet of living and entertaining space on two levels, plus a spacious loft that opens to a rooftop terrace. Residences will feature private garages, and several will also offer private gardens, decks and balconies. Over-sized windows will be placed strategically throughout the community to maximize abundant natural light and views of the water. The 100 condominium and duplex units will average more than 1,280 square feet, some with walkout balconies and roof terraces with panoramic views of Wesley Lake and the oceanfront.

Wesley Grove at Asbury Park represents the first phase of Westminster Communities' involvement with Oceanfront Asbury, where the company plans a total of 750 residential units. The overall plan involves several developers and more than 3,000 residential units, a 450,000-square-foot retail/entertainment component on 56 acres, and improved municipal services, including the recently renovated boardwalk.

With more than 50 years of experience in development and construction, Westminster Communities is currently building single-family homes, multifamily residential buildings, active-adult communities and vacation properties throughout New York, New Jersey and Pennsylvania. The Company is also involved in large mixed-use redevelopment projects in several New Jersey communities including Perth Amboy, Cranford, Atlantic City and, of course, Asbury Park.


• Westminster Press Release
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NEWS

May 19, 2005 - Westminster Communities Named “Best Developer Of 2004” By Njpa Real Estate Journal

May 2, 2005 - Construction Progressing On Wesley Grove Sales Center In Asbury Park; Early Summer Opening Expected For Downtown Office

April 4, 2005 - Architectural Design For Wesley Grove At Asbury Park Blends Historic Charm With Modern Conveniences

February 23, 2005 - Wesley Grove At Asbury Park Reflects ‘New Urbanism’ Vitality
February 14, 2005 - Kushner Companies' Westminster Communities Secures $27.1 Million Construction And Acquisition Loan For Wesley Grove At Asbury Park