Details emerge on the Pan Am Shopping Center Redevelopment

Federal Realty Investment Trust plans to develop the strip mall at the corner of Route 29 and Nutley Street into a mixed-use development with three residential buildings, townhouses, and a public plaza. Plans call for the demolition of the existing 30,000 sq. ft. retail shopping center, however the new structure will retain some long-standing tenants, including the Safeway, Michael’s and Micro Center.     The application calls for 686,074 sq. ft. of residential construction, with a total of 884,594 sq. ft. and 1,817 parking spaces.  The proposed housing consists of up to 34 single-family, four-story townhomes and three multifamily buildings with up to 516 units: A four-story, 12-unit building with 3,500 square feet of ground-floor retail A 90-foot-tall, seven-story building with up to 203 units, an internal courtyard area, and a parking garage with an uncovered deck A 90-foot-tall, seven-story building with up to 301 units, a private courtyard, and a parking garage The plan also features a 15,000-square-foot, publicly accessible plaza between the townhouses and the 203-unit multifamily building. The project is designed to attract new service and amenity oriented retail that will diversify the experience and contribute to the Center’s long term viability as a source of convenient retail for the community, and also serve as a place for gathering and general community identity. The proposed redevelopment also aims to improve pedestrian and bicycle access to the center by introducing on-road bicycle lanes on Nutley Street

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