After the race track was demolished, D.R. Horton of Fort Worth, Texas began construction of the Plaza Grande at Garden State Park. A 55 and over luxury community near Chapel Avenue. They built 4 condominiums which have anywhere from 24-26 condos in them. They began construction of the clubhouse. When the housing bubble burst in 2009, they left the project. We purchased it in 2014.
We are Tri-State Ventures (TSV-TGA). We own commercial properties in New York and Pennsylvania. This is our first residential property. When we bought the property, we completed the clubhouse. Inside the 18,500 square feet clubhouse there is an indoor heated pool & spa, saunas, fitness center, yoga studio, sports & billiards lounge, movie theater and much more!
Our first rental building opened October 2016 with 30 apartments.
We recently opened our second rental building. This building will also have 30 apartments for rent.
In December 2016, we started working on our third rental building.