L+M Development Partners, Type A Projects, and MSquared recently closed on $42 million in construction financing to complete a 78-unit affordable housing project in Newark, New Jersey. The property will occupy a portion of an existing residential complex at 250 Georgia King Village in the city’s Fairmount neighborhood.
SJP Properties and Scotto Properties have revealed the first new renderings of Valley National Bank’s new headquarters in Morristown, New Jersey. Located along Speedwell Avenue near Cattano Avenue, the building will replace several vacant commercial properties where demolition has already begun.
Skyline Development Group has announced immediate occupancy at Solaia, a new 14-story condominium building in North Bergen, New Jersey. Designed by Architectura, the property is located in the Palisades Cliffs at 8701 Churchill Road and houses a collection of 70 homes.
BNE Real Estate Group was joined by local officials to celebrate the grand opening of Station Bay, a 291-unit rental complex at 1000 Schindler Drive in South Amboy, New Jersey. As the first phase of the $500 million redevelopment project to be completed, Station Bay is now the town’s largest multifamily rental complex and will soon welcome new tenants.
The Jersey City Redevelopment Agency is now reviewing proposals to construct West Side Crossing, a four-tower complex with more than 3,000 residential units. Located on an eight-acre assemblage near the Hackensack riverfront, West Side Crossing is the latest project from Bushburg Properties, which appointed Marchetto Higgins Stieve as architect of record.
