New Jersey

New Design Revealed For Stevens Institute Of Technology’s Davis Hall in Hoboken, New Jersey

8:00 am on November 7, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for the proposed design for Davis Hall, a 13-story educational and dormitory building for Stevens Institute of Technology in Hoboken, New Jersey. Designed by Davis Brody Bond, the 238,000-square-foot structure will replace the current four-story Davis Hall dormitory and will yield academic and research facilities along with student housing. The property is located along the eastern edge of the campus atop Castle Point at the confluence of Wittpenn Walk and Field House Road, adjacent to the 19- and 21-story University Center towers overlooking the Hudson River.

New Renderings Revealed For 930 McCarter Highway in Newark, New Jersey

8:00 am on November 5, 2024 By Michael Young and Matt Pruznick

New renderings have recently been revealed for 930 McCarter Highway, a 25-story residential building under construction in Newark, New Jersey. Designed by MHS Architects and developed by Boraie Development, the 289-foot-tall structure will span 432,650 square feet and yield 265 market-rate rental units, 68 affordable units, 3,750 square feet of commercial and retail space, and a four-story parking garage capable of holding 240 vehicles. The development is rising on a 1.1-acre waterfront plot bound by the Passaic River to the east and the intersection of McCarter Highway and Center Street to the west.

Rendering of North Brunswick Logistics Center, courtesy of SL Industrial Partners

Construction Underway at North Brunswick Logistics Center At 2 King Arthur Court In North Brunswick, New Jersey

7:30 am on October 30, 2024 By Max Gillespie

Construction is underway at the North Brunswick Logistics Center, a new industrial facility at 2 King Arthur Court in North Brunswick, New Jersey. Developed by the Silverman Group, the 162,657-square-foot structure is being custom built to serve as US Pharma Lab’s third New Jersey location, and is expected to be completed in fall 2025.

Photograph of Atlas Jersey City, courtesy of Cahn PR

Atlas Residential Tower Opens at 270 Johnston Avenue in Jersey City, New Jersey

7:30 am on September 28, 2024 By Max Gillespie

Atlas, a 24-story rental building at 270 Johnston Avenue in Jersey City, New Jersey, officially opened with a ceremonial ribbon cutting on September 12. Designed by MHS Architecture and developed by Alpine Residential and Fields Grade, the structure will yield 169 units in studio to three-bedroom layouts, with many offering private outdoor space. The property is located between Maple/Garabrant Street and Communipaw Avenue, in close proximity to Liberty State Park.

NJPAC Breaks Ground On $336 Million Campus Redevelopment in Newark, New Jersey

8:00 am on September 20, 2024 By Michael Young and Matt Pruznick

The New Jersey Performing Arts Center (NJPAC) has broken ground on $336 million mixed-use campus redevelopment in Newark, New Jersey. Designed by multiple architects including Skidmore, Owings & Merrill (SOM), the 12-acre master plan involves the construction of two new buildings along with the renovation of two existing structures, and will yield mixed-income housing, community center space, and a new public park. The site is bound by Rector Street to the north, the intersection of Mulberry Street and Kitchell Place to the south, McCarter Highway and the NJPAC-Center Street light rail stop to the east, and Park Place to the west.

Nova Towers Gains Approval From Historic Preservation Commission of Newark, New Jersey

8:00 am on September 17, 2024 By Michael Young and Matt Pruznick

The Newark Landmarks and Historic Preservation Commission has approved Nova Towers, a two-tower residential proposal set to rise at 16-38 William Street in the Four Corners Historic District in downtown Newark, New Jersey. Designed by INOA Architecture and developed by KS Group LLC, the structures are planned to both stand 488 feet tall and yield a combined 712 residential units in studio to two-bedroom layouts. The property currently features a number of low-rise commercial structures that will have to be demolished, and is bound by William Street to the north, a surface level parking lot to the south, Chapel Court to the east, and Halsey Street to the west.

Photograph of Park & Arbor, courtesy of Hornrock Properties

Leasing Launches for Park & Arbor at 18 Park Avenue in Old Tappan, New Jersey

7:30 am on September 6, 2024 By Max Gillespie

Leasing has launched for Park & Arbor, a two-building mixed-use complex nearing completion at 18 Park Avenue in Old Tappan, New Jersey. Developed by Hornrock Properties, the community will yield 110 rental homes in one to three-bedroom configurations in one building and 21,000 square feet of retail space in the other.

Rendering of Monmouth Square, courtesy of Kushner

Kushner Secures $415 Million In Financing For Monmouth Square Redevelopment In Eatontown, New Jersey

7:30 am on September 4, 2024 By Max Gillespie

Kushner has secured $415 million in construction financing for Monmouth Square, a mixed-use redevelopment of Monmouth Mall in Eatontown, New Jersey. The financing package includes a $303 million residential loan from Fortress Investment Group and a $112.5 million retail loan from Rithm Capital Corp, managed by GreenBarn Investment Group.

New Renderings Offer Additional Views of 315 Mulberry Street in Newark, New Jersey

8:00 am on August 21, 2024 By Michael Young

YIMBY spotted a new batch of exterior renderings for 315 Mulberry Street, a proposed set of residential skyscrapers planned to rise in the downtown section of Newark, New Jersey. Designed by INOA Architecture and developed by KS Group and Giga Holdings, who submitted project plans to the city’s planning board for review a few weeks ago, the master plan will make it the tallest buildings in Newark yielding 1,008 rental units. It was last reported that the first tower will house 427 units over 51 stories, and the second tower will contain the remaining 581 units with a similar architectural height. Other aspects of the project will include a multi-story podium featuring commercial space and a parking garage, along with various indoor and outdoor residential amenities for residents. The site is bound by Mulberry Street to the east, Beach Street to the north, Orchard Street to the west, and East Kinney Street to the south.

Rendering of 110 Bergen Turnpike. Designed by CPA Architecture

SCALE Lending Provides $75M Bridge Loan For 110 Bergen Turnpike In Little Ferry, New Jersey

7:00 am on August 13, 2024 By Max Gillespie

SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $75 million bridge loan to Capodagli Property Company, a family-owned real estate development and management firm based in New Jersey. The financing will support the completion, lease-up, and stabilization of 110 Bergen Turnpike, a two-building development in Little Ferry, New Jersey. The project was designed by CPA Architecture.

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