"Let the Building Begin" would appear to be Carter Sackman's slogan for downtown Asbury Park.

Already widely credited with bringing Cookman Avenue back to life with the signature Steinbach Building restoration a few years back, Sackman now appears to be on a building spree that if completed will begin to fill in the voids of empty spaces and bring critical mass to the downtown district.

Before this summer we will see his new residential and retail building on the south west corner of Bond Street and Bangs Avenue. This site has sat empty for many years, with the exception of an unused, underground parking garage that the previous developer walked away from during the last real estate market downturn. This new, modern structure will provide the missing link to connect Mattison Avenue with the new wellness facilities, Talking Heads Barber Shop, and Pasta Volo that have opened on the 400 Block of Bond Street.

On the south side of downtown, Sackman has proposed a 60 unit residential building at 545 Lake Avenue. This industrial styled building will have great views of Wesley Lake and the ocean. This site is currently used as surface parking. If this project is approved and built, it will continue the Lake Avenue build out that The Asbury Biergarten and the Lake House Music Center have recently expanded upon.

The biggest news is Sackman's vision for his property located between Bangs and Mattison Avenues where he has proposed a 15 story mixed use tower that will include a two level food market, a 586 car parking garage, and ninety-seven residential housing units.

These new buildings combined with Sackman's recently refurbished Press Club offices and his Savoy Theatre restoration project on Mattison Avenue make it clear that Sackman Enterprises will be investing many millions of dollars into the downtown area over the next few years. While some people are questioning if we are starting to reach the peak of another real estate cycle, Sackman's money appears to be betting that this is only the start.