Paramount Realty to Break Ground on Freedom Pointe Mixed-Use Development in New Jersey

by Katie Sloan

Eatontown, N.J. — Paramount Realty is set to break ground on Freedom Pointe, a mixed-use development located within the larger redevelopment of Fort Monmouth, a former Army Base in New Jersey.

The fort spans over 1,250 acres in Eatontown, Tinton Falls and Oceanport. The mixed-use development will be located on the Eatontown portion of the property, and will include retail, restaurants, multifamily residences, a hotel and entertainment venues. LA Fitness, The Fresh Market and iPic Theaters are set to open at the center, alongside a national bowling concept and an indoor golf center.

The site plan also includes an ice skating rink; open lawn areas for shows, concerts, exercise classes, street artist performances and seasonal community and holiday events; jogging and bike trails; a high-end playground and spray park for kids; miniature golf; and bocce courts. Mitchell Friedel of Newmark Grubb Knight Frank will be in charge of leasing for the development. A timeline for the project has yet to be announced. 

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