Construction is set to begin on The Standard, a 12-story mixed-use residential building at 197 Avenue E in Bayonne, New Jersey. Designed by MHS Architecture and developed in a joint venture between Prestige Development and Anak Development, the 132-foot-tall structure will yield 250 apartments. The project will also include roughly 1,950 square feet of ground-floor retail space and a three-story, 227-vehicle parking garage. The property is located at the corner of Avenue E and East 19th Street.
The renderings preview two towers rising above a five-story podium. The base will feature a red brick façade with traditional architectural touches, while the upper volumes will be clad in gray metal paneling and floor-to-ceiling windows. The project will include an 8,000-square-foot roof deck with a dog run, presumably on the fourth-floor terrace between the towers.
197 Avenue E. Rendering courtesy of MHS Architecture.
197 Avenue E. Diagram courtesy of MHS Architecture.
Apartments will be furnished and fitted with stainless steel appliances, quartz countertops, tile backsplashes, vinyl plank flooring, tiled bathrooms, and in-unit washers and dryers. Residential amenities will include a fitness center with cycling equipment and a yoga studio, sauna and spa, coworking space, lounges, golf simulator, screening room, and a DIY studio, among other offerings.
The developers recently secured a $71.5 million construction loan from BHI in a transaction brokered by Maven Capital Funding.
The site is located around the corner from the 22nd Street light rail station and is also within close proximity of Route 440.
197 Avenue E’s anticipated completion date has yet to be announced.
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