/ News / Pink Balloon and REDCOM Break Ground on New Dispensary in Neptune, NJ

Pink Balloon and REDCOM Break Ground on New Dispensary in Neptune, NJ

Parul Dubey on September 23, 2025 - in News, Projects

(Captioned left to right): Agustin Melendez, Brick City Reconstruction (architect); Andrew Roth, Pink Balloon; Jason Jones, Neptune Township Committeeman; Mike Aquino, Pink Balloon (owner); Derel Stroud, Neptune Township Committeeman; Tamara Rodriguez, Superintendent (REDCOM, GC); Teri Festa, Pink Balloon (owner); Mayor Robert Lane, Neptune Township; Sean Feeney (SVP of Construction, REDCOM); Joe Lane (Account Executive, REDCOM), Dale Hull (Project Manager, REDCOM).

Community-first cannabis brand to build ~3,500 SF dispensary, opening late 2025.

NEPTUNE, NJ — Pink Balloon and REDCOM Design & Construction today celebrated the groundbreaking of Pink Balloon’s new dispensary in Neptune, New Jersey. The project, which includes partial demolition of the existing structure, will deliver a modern, two-story ~3,500 square-foot facility with completion targeted for late 2025.

Dignitaries and attendees included Neptune Township Mayor Robert Lane, New Jersey State Senator Vin Gopal (Majority Whip, District 11), members of the Neptune Township Committee, and Pink Balloon co-founders Teri Festa and Mike Aquino.

“Pink Balloon is about creating a space that feels welcoming for everyone—whether your canna-curious or a canna-seur. Our mission is to build a place where everyone feels comfortable—whether you’re just starting to explore cannabis or you’ve been part of the culture for years. Accessibility and community are at the heart of what we do,” said Teri Festa, Co-Founder of Pink Balloon.

“This project is about more than a building—it’s about investing in Neptune’s future, creating jobs, and building a space that will serve and uplift the community for years to come,” added Mike Aquino, Co-Founder of Pink Balloon.

“We are honored that Teri and Mike put their faith in REDCOM to construct this dispensary and are excited to apply our expertise to this challenging project,” said Joe Lane, Account Executive at REDCOM Design & Construction.

Project Highlights

– ~3,500 SF, two-story building with high-end finishes

– Three-stop ADA lift

– Partial demolition and new construction

– Project partners include Brick City Reconstruction (Architect), KMB Design Group (MEP), Nelson Engineering (Civil) and Vanessa Deleon Design Group.

About Pink Balloon

Pink Balloon is a New Jersey–founded cannabis retail brand built to make cannabis approachable, safe, and welcoming for everyone—from the canna-curious to the canna-seur. Guided by the brand ethos “Goodbye gravity,” Pink Balloon focuses on an elevated customer experience, local job creation, community partnerships, education, and responsible access. Pink Balloon’s Neptune dispensary will serve as a community-minded space designed around intention, care, and inclusion.

About REDCOM

REDCOM Design & Construction is an award-winning, full-service commercial architectural design, engineering, and general contracting firm operating in New Jersey and the surrounding areas since 1982. From concept to completion, REDCOM delivers comprehensive services across every stage of a project, serving mixed-use, hospitality, automotive, industrial, commercial, and institutional clients.

For more information, please contact Katharine Serra at katharines@redcomllc.com or 646-714-1382, or Teri Festa at tfesta@pinkballoon.net.

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