Revival hopes are firming up for the largely vacant, time-battered commercial property that looms over the intersection of West Cuthbert and MacArthur boulevards after a recent evaluation by local planning officials.
The privately owned property contains a vacant, two-story bank completed in 1965. Attached to the bank is a partially leased, six-story office addition completed in 1976 and previously owned by Wells Fargo, whose name still adorns it.
The Board of Commissioners in August 2022 asked the Planning/Zoning Board to determine whether the property could be designated an “area in need of redevelopment” under New Jersey law.
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