According to NJ, Union Bank has okayed a construction loan so that the restaurant Wood Stack Pizza & Cucina, operated by Charlie and Giuseppe Badalamenti, of Springfield, can open in the Pine Brook section of Montville Township.
The Badalamenti brothers chose Montville owing to its prime location near both businesses and residential neighborhoods that can provide crowds for both lunch and dinner time. “We wanted to open in a town we were willing to make a long term commitment to and we felt Montville was ideal because it has been named one of Money magazine’s top 20 places to live in the U.S. three times since 2007,” explained Charlie Badalamenti.
The loan for the wood-fired pizza and Italian food restaurant has allowed the brothers to obtain a new, 7,000-square-foot restaurant location, as well as a liquor license. “We have been Unity Bank customers for 15 years,” said Badalamenti. “We have been very pleased with the service we have received.” The restaurant also plans to hire between 30 to 50 employees locally, which will be mutually beneficial to the local area.
Opening day is likely to be busy for the new restaurant, as the brothers’ other locations, Novita Bistro and Lounge, and Glendale’s Pizzeria-Ristorante, have both been popular eating establishments. Wood Stack
Unity Bank, for its part, seems confident with the loan it has granted to the brothers. “The Badalamentis really are an American success story and it has been a pleasure to work with them for many years,” said James A. Hughes, who is both President and CEO of Unity Bank.