The Vizhnitz development on Route 70 in Lakewood is one step closer to reality now that the permit has been approved, Asbury Park Press reports.

Environmental regulators announced they intend to issue a permit for construction at the site of Route 70 Auction & Flea Market, ending a nearly four-year holdup prompted by concerns the township water supply couldn’t support development there.

A New Jersey Department of Environmental Protection notice says the project will include 166 townhouses with basement apartments, for a total of 332 housing units, a nearly 12,000-square-foot retail building and a 10,000-square-foot community building.

Read more at Asbury Park Press.