New Jersey

330-Unit Residential Conversion Underway at Edison’s Former Battery Factory, 177 Main Street, West Orange, New Jersey

Earlier this month, crews began construction on the vacant and dilapidating Edison Storage Battery Company Building – a six-story, 400,000-square-foot former nickel-iron battery factory – located at 177 Main Street, in West Orange, New Jersey. That’s in Essex County. The building is being converted into 330 rental apartments and 18,500 square feet of retail space, according to the New York Times. It’s the first phase of a 21-acre mixed-use mega-development, called Edison Village, being developed by Bloomfield, N.J.-based Prism Capital Partners, Dune Real Estate Partners, and Greenfield Partners. All of the building’s 800 windows will be replaced, as the exterior of the building is being restored to a historical standard. There will be 20 penthouse duplexes, and amenities include a pool and a fitness center.

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Bayonne Bridge Reconstruction: Raising the Road on America’s Largest Suspended Arch Bridge

In general, new construction reflects local real estate demand and community needs. But given New York’s position as a global economic hub, it is not surprising that one of the city’s largest engineering efforts is a direct response to a megaproject 2,200 miles away. The suspended roadbed of the 84-year-old Bayonne Bridge, which spans the Kill Van Kull strait between Staten Island and Bayonne, N.J., is too low for passage of the latest, giant container ships built to traverse the expanded Panama Canal locks. If the Port of New York and New Jersey fails to accommodate such vessels, the nation’s largest metro area would suffer considerable economic damage. To keep up with the canal’s expansion, slated to open later this year, the Port Authority is raising the bridge roadbed from 151 to 215 feet above the mean water level. The Navigational Clearance Project is expected to cost $1.3 billion.

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50 Kenny Place

Renovated 12-Story, 148-Key Crowne Plaza Hotel Opens at 50 Kenny Place, Saddle Brook, New Jersey

Last summer, Houston-based Unique Hotel Management Group acquired the shuttered 12-story hotel at 50 Kenny Place, in Saddle Brook, New Jersey (in Bergen County). Now, after six years of sitting empty, the hotel has finally reopened as a Crowne Plaza, according to NorthJersey.com. The renovated hotel has 148 rooms, a redesigned lobby, meeting and event rooms, a business center, and a restaurant, dubbed SKY, located on the top floor. The distinctly cylindrical tower was built in 1971 as a Holiday Inn, but closed in 2010 following the financial crisis, prior to being acquired by Unique for $10.7 million.

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33 Route 17 South

Fmr. Landmark Catering Hall to Become Self-Storage, Retail, Gas Station at 33 Route 17 South, East Rutherford

Morristown, N.J.-based Hampshire Real Estate Companies has acquired the 3.2-acre property at 33 Route 17 South, in East Rutherford, located just west of the Meadowlands. The site is currently occupied by the former Landmark, a 225,000-square-foot, three-room catering facility that closed its doors 2013, and a 55,000-square-foot industrial building. Hampshire Cos. plans to redevelop the property into a 100,000-square-foot self-storage facility, a retail store, and a gas station, according to NorthJersey.com. It’s not known if the existing structures are going to be demolished, although it’s possible that they could be converted to fit the new program.

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