Executive Director’s Report Recap – September 2026
At the September 10, 2026 meeting of the Sayreville Economic and Redevelopment Agency (SERA), Executive Director Himanshu Shah provided updates on several key redevelopment initiatives taking place throughout Sayreville. The report highlighted continued construction at Riverton, the closing of the first round of Redevelopment Area Bonds for the project, progress at the former Sunshine Biscuit site, continued outreach regarding the Raritan Street study area, and a new redevelopment fee schedule. 2026-09-10-Executive-Director-R…
Riverton Redevelopment Update
Construction continues to move forward throughout the Riverton redevelopment site. Significant work remains underway at the Bass Pro Shops location and within the Gateway Services area, while construction at QuickChek is also progressing. Work has also begun on additional pad sites throughout the development.
Another major milestone is approaching, with Bass Pro Shops anticipated to open this fall. Details regarding the grand opening will be shared as they are finalized. 2026-09-10-Executive-Director-R…
Redevelopment Area Bonds Close for Riverton
SERA reached another important milestone for the Riverton Project with the closing of the first round of Redevelopment Area Bonds (RABs) on September 10.
The bonds, previously authorized by SERA to support the Riverton Project, will be used to fund portions of the infrastructure improvements that have already been completed throughout the redevelopment site. 2026-09-10-Executive-Director-R…
Former Sunshine Biscuit Site Moves Forward
Progress is also being made on the redevelopment of the former Sunshine Biscuit (Hanover) site.
The redevelopment plan for the property is scheduled to be introduced by the Sayreville Borough Council. Following its introduction, the plan will proceed to a public hearing and a vote for approval at the subsequent Council meeting.
Once the redevelopment plan receives approval, the project can move forward to its next steps. 2026-09-10-Executive-Director-R…
Raritan Street Study Area Outreach Continues
SERA continues its outreach to property owners within the proposed Raritan Street study area regarding potential redevelopment opportunities and the possibility of a Transit Village designation.
Property owners have received information explaining the redevelopment process, the potential benefits of designation, and opportunities that redevelopment could create for the area. With the NJ Transit Park and Ride located nearby, the area is particularly well positioned for potential transit-oriented development around existing transportation infrastructure. 2026-09-10-Executive-Director-R…
As part of the next phase of outreach, SERA will invite property owners to an in-person meeting on the evening of October 14. SERA's professionals will be available to answer questions about the proposed Transit Village designation and the potential Area in Need of Redevelopment designation. 2026-09-10-Executive-Director-R…
New Redevelopment Fee Schedule
SERA is also taking steps to formalize a new redevelopment fee schedule for proposed projects.
Under the new structure, fees will be based on the total estimated cost of each project, with fees increasing proportionally as project costs rise. Larger and more complex redevelopment projects typically require additional staff time, professional review, and agency resources.
The variable fee structure is intended to ensure that SERA is appropriately compensated for the resources required to review and process projects while creating a consistent and equitable approach to redevelopment fees. 2026-09-10-Executive-Director-R…
Looking Ahead
September's Executive Director's Report reflects continued progress on several of Sayreville's most significant redevelopment initiatives. With construction advancing at Riverton, the first round of Redevelopment Area Bonds completed, the Sunshine Biscuit redevelopment plan moving through the approval process, and continued community engagement surrounding Raritan Street, SERA remains focused on advancing responsible redevelopment and economic growth throughout Sayreville.
Stay connected with SERA for future Executive Director’s Report Recaps and updates on redevelopment projects and initiatives throughout the Borough.