Economic Development & Redevelopment
Redevelopment Plans are prepared for designated Areas in Need of Redevelopment and Areas in Need of Rehabilitation. Both designated areas are identified by the governing body per recommendation of the Planning Board and incompliance with state statue for focused planning and economic incentives to stimulate development. The Township of Toms River has five (5) approved Redevelopment Plans, one of which is almost built out. The plans identified below are active plans in various stages of redevelopment.
Micro-Enterprise Grant Program:
The Township of Toms River operates a Micro-Enterprise Grant Program when funding allows. The program is funded utilized Community Development Block Grant Funding. Eligible businesses are business with 5 or fewer employees (including owners) and that are low/moderate income or creating new jobs of which 51% will be for low/moderate income employees. The intent of the program is to assist small startups to begin and grow their business.
In 2019, one $5,000 grant was awarded. The program has been reopened to accept applications for the two remaining grants. The maximum request per business is $5,000. The applications will be accepted until November 22, 2019. More information is provided in the links below:
To view the application please click on micro-enterprise application.
Frequently Asked Questions:
To view the frequently asked questions click on Frequently Asked Questions for the Micro-Enterprise program.
To view other documents such as business plan template, cash-flow template, DUNS number information, etc. please click on Microenterprise Documents.
Current Redevelopment Plans
- Downtown Phase I Waterfront Redevelopment
- Downtown Core Redevelopment
- Hooper-Caudina Redevelopment
- Coates Point Redevelopment
Phase 1 Waterfront Redevelopment Plan
The plan addresses redevelopment of the blocks within the Phase 1 portion of the Downtown Waterfront Redevelopment Area with residential units above retail services within walking distance to the Toms River Bus Depot and the existing Downtown Core is essential to making Toms River’s downtown a true 24/7 center.
The Phase 1 Waterfront Redevelopment Plan was adopted by Township Council on December 26 at 5 p.m.
CAPODAGLI PROPERTY COMPANY "TOMS RIVER 40" REDEVELOPMENT PROJECT PRESENTATION & FAQs
For more information regarding the first redevelopment project in the Phase 1 Downtown Redevelopment Area to reach the point of a redevelopment agreement, see links below:
Community Impact Study Report prepared for Township by Beacon Planning & Realty Advisors
Downtown Core Redevelopment Plan
The purpose of the Redevelopment Plan is to serve as the principal tool to guide the revitalization of the Downtown Core Rehabilitation Area. The Downtown Core Rehabilitation Area will be reinforced as a compact community of higher density housing types in new or rehabilitated/expanded buildings with ground level retail or office uses, where appropriate, and within walking distance of employment and services, bus routes, recreation spaces, and civic uses. The Plan identifies three surface lots, two that are publicly owned and one that is privately owned, that would supplement the supply of public parking and serve as a catalyst for economic investment in the construction or expansion of properties in the area.
The Downtown Core Redevelopment Plan was adopted on February 26, 2019 and amended on September 24, 2019 to recognize the Robbins Parkway Redevelopment Area and the Arts and Culture District.
Hooper-Caudina Redevelopment Plan
The goal of the Hooper-Caudina Redevelopment Plan is to promote the development of a campus for a new Veterans Affairs (VA) clinic for Ocean County, situated with convenient access to related services for veterans and the public at large. The relocation of the post office to the same campus and the connection of the campus with the adjacent office park where the County is planning on building new office facilities to house several County departments, including the Office of Veterans Affairs, will address multiple needs for veterans in a single destination. The redevelopment area would be connected to Seacourt Pavilion and the approved multifamily development adjacent to the Redevelopment Area will include affordable units for which veterans preference can be offered.
The redevelopment of the Hooper-Caudina Redevelopment Area is to be guided by the following objectives:
- Provide health services and create new employment with convenient access to a mix of residential, business retail commercial and entertainment uses
- Encourage development that will help promote interconnected uses
- Ensure that all buildings are consistent with and enhanced by high-quality streetscape amenities
- Enable major new facilities to reenergize existing retail centers along the Hooper Avenue corridor and support the economic viability of the Ocean County Mall
The Hooper-Caudina Redevelopment Plan was adopted by Township Council on February 26, 2019. The redevelopment plan was amended to include Block 608, Lot 19.01 as "Subarea B" as Addendum No. 1 on May 26, 2020.
Coates Pointe Redevelopment Plan
Coates Pointe was the original settlement near the current location of the Mathis and Tunney bridges over the Barnegat Bay along Route 37. The area between Fischer Boulevard and the bridges was designated as a redevelopment area in 2003. A redevelopment plan is being developed by the division staff.