09/2007 - The Metropolitan Hotel (one of the oldest remaining hotels) is determined to be structurally unsound and rehabilitation is no longer an option, so it is slated for demolition even though it is not located in the redeveopment district and protected on the historic registry.

06/2007 - Demolition of the run down black shed alongside the Stony Pony / Jimmy's is completed.

05/2007 - Madison Marquette completes renovations of the old Howard Johnsons at the boardwalk, which is now known as the Salt Water Cafe.

04/2007 - Massive renovations start on the Paramount Theatre in the Convention Center.

04/2007 - Final demolition steps are completed on the section of the Casino which stood out over the beach while restoration efforts are made on the front falf of the building. Many of the pavilions on the boardwalk are also rehabilitated.

03/2007 - The city takes steps to beautify the streets along Ocean Avenue by enhancing infastructure and landscaping . . . adding new street lights, flowers and shrubs.

03/2007 - Kushner Properties fails to perform on the Wesley Grove development forcing the city to file a lawsuit against them.

03/2007 - Wonder Bar, The Baronet Theatre, Fastlane & Asbury Lanes were all purchased by Asbury Partners but will all be temporarily spared, as part of the redevelopment.

02/2007 - The Berkeley Carteret Hotel sold for $16 Million to the Chetrit Group (a private investment firm in New York City) who has already made plans to renovate the entire building. The hotel will be managed by Amstedam Hospitality, a highly aclaimed industry benefactor with locations throughout the US.

02/2007 - Madison Marquette, the primary visionary and developer of the commercial / retail sector along the oceanfront, has agreed to commit $150 - $200 Million towards the project over the course of the next 5 years. The first project underway is a new restaurant in the old Howard Johnson's at the 5th Ave pavilion on the boardwalk.

02/2007 - The city issued Certificates of Occupancy on several of the units within the Seville (North Beach complex) and others will soon follow in the Barcelona, scheduled to close in March.

02/2007 - Metro Homes has completed the pilings on the Esperanza towers and is soon planning to erect the city's largest oceanfront residential complex in the ensuing weeks. First they will construct a sales office in the 4th Avenue pavilion.

01/2007 - Old Man Rafferty's of New Brunswick leased space in the old Steinbecks Building for one of their largest lacations . . . soon to open.

01/2007 - Asbury Partners agrees to purchase Asbury Lanes, The Fastlane and the Baronet Theatre as part of the Asbury Park redevelopment.

12/2006 - The portion of the Casino which hangs out over the beachfront is finally demolished with the expectation that it will be renovated or reconstructed as it was in the early 1930s.

11/2006 - Down the Street and Anybody's is torn down.

10/2006 - The entire block surrounding the Belmont and Atlantic hotels are leveled.

04/2006 - Bruce Springsteen performs at Conention Hall for private charities.

04/2006 - The Ocean Mile tower also known as C-8 or the unfinished high-rise which symbolized the city's failures for more than 2 decades was imploded and brought to the ground.

02/2006 - The Atlantic and Belmont hotels are destroyed by fire.

01/2006 - Asbury Park gives the developer a final deadline to get things rolling.

10/2005 - Ground breaking cerimonies commence for Wesley Grove, the next luxury condo development being built by Westminster Communities along Westley Lake.

10/2005 - Ground breaking cerimonies commence for North Beach, the first new luxury condo development being built by Paramount Homes of Jackson.

10/2005 - The Ambassador Hotel is totally demolished by Asbury Partners.

09/2005 - Wesley Grove Phase II is proposed to the city.

06/2004 - Despite being listed on the national historic registry, the Palace Amusement building looses its battle to remain. It's demolished along with the movie house and the Talking Bird restaurant.

07/2002 - Bruce Sprinsteen performs for sold out shows at Convention Hall which gains National attention with total coverage by NBC's Today Show hosted by Katie Couric and Matt Lauer.

04/2002 - Hundreds of interested people packed into the Ballroom at the Berkeley Carteret Hotel to participate in a town meeting to discuss the redevelopment of the city. Also, reports are being made that a number of major retailers are interested in leasing space in the new city, including several Fortune 100 companies.

01/2002 - The city's Waterfront plan is unveiled. The city planner proposed developement of 3,000 new residential units, nearly half a million square feet of commercial entertainment and retail space (under the guise of establishing Asbury Park as a new architectural mecca), while maintaining the wide open oceanside streets, eight story structures along Kinsley Avenue that tapered down to 2 story structures along Ocean Avenue to preserve ocean views.

01/2002 - The first residential properties would be built on the sites of the previous Mayfair Theatre and Monterey Hotel. Plus, the city would allow 6 months for someone to come forward to restore the century old Palace Amusements (A historic landmark). Other properties included in the plan are the Berkeley Carteret Hotel, Empress Motel, Convention Hall and The Stone Pony. The Metropolitian Hotel (a registered historical landmark) is independantly owned and reports indicate it is looking for new owners who will restore it as well.

01/2002 - Dominic Santana owner of the Stone Pony (where Bruce Springsteen and Bon Jovi got their start) rallys with locals to save the legendary landmark from anticipated demolition following a decision that the property falls subject to eminant domain. Offers to relocate the Pony came under vast criticism from area residents, drawing crowds of thousands who came to support the efforts. They claim "The Stony Pony is as much a part of Asbury Park history as anything else the city can boast about". The owner stood firm and proclaimed "The Stone Pony will move Over My Dead Body!"

01/2002 - The City hires the internationally renowned architectural firm of Duany Plater-Zyberk as design consultants for the oceanfront redevelopment project.

12/2001 - Final demolition steps are taken to bring down the legendary Albion Hotel, clearing the first full city block.

12/2001 - Bruce Sprinsteen performs 5 shows for area residents at Convention Hall, which sold out in a matter of hours to promote public awareness of the revival efforts in Asbury Park. Various promotional tactics were used to foster the revival effort, including ticket raffles in the stores in the downtown district. Bruce also donated tickets to an online auction to benefit the families of the victims of September 11th. In addition, Bruce also donated more than 875 books and other publications to the city's library this week.

10/2001 - The next step of "clearing the land" began. The first structure to be demolished was the James A Bradley Motor Lodge. Oddly enough, all of the furniture remained in the hotel, which needed to be removed first. Following that came the demolition of the Hetrick Motel, the Montego Bay, the Moonrock Cafe, Deal Lake Motel, Horizon Motel and several residential locations around the city.

08/2001 - According to reports, the 104 year old Steinbach building was purchased by Orleans Associates. The building has been sitting vacant since 1979, when the store closed. The new owner is planning to establish 30 new stores on the ground level with apartments on the floors above. They are also considering restoring the building's marble floors, saving its old windows and frames, and adding awnings to the outside, which would recreate its former look.

08/2001 - After 19 years and a recent appointment of newly elected town officials, the City of Asbury Park agreed to sell an estimated $11.5 million worth of tax liens on 48 pieces of prime ocean front reale estate owned by Carabetta Enterprises, Inc. of Meriden, CT (the bankrupt waterfront developer) to M.D. Sass (a financial services company based in New York City) for $6.5 million. In addition, Sass also agreed to pay Carabetta $7.4 million for the developement rights to the ocean front and to contribute $1 million to the restoration of the boardwalk. Plus, it is anticipated that Sass will also purchase the Convention Center from the city for $3 million. However, there is still debate on this issue. Sass later agreed to also pay an additional $950,000.00 for the Albion Hotel.

* All information is deemed accurate and reliable but is not guaranteed.