New Jersey

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

10:00 am on April 14, 2016 By Reid Wilson

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.

Five-Story, 256-Unit Residential Complex Breaks Ground At 90 Park Avenue, Florham Park, New Jersey

11:00 am on March 30, 2016 By Reid Wilson

The Rockefeller Group and Korman Communities have officially broken ground on the five-story, 256-unit residential complex planned at 90 Park Avenue, in northern New Jersey’s Florham Park, located roughly 1.5 miles from NJ Transit’s Madison station. The 450,000-square-foot building, dubbed AVE Florham Park, will be geared towards corporate tenants and employees in the relocating process, according to Real Estate Weekly. There will be 40,000 square feet of outdoor amenities, including private and community courtyards, a pool, fire pits, and entertainment spaces. The 24,000 square feet of indoor amenities include a theater, a café, a fitness center/yoga studio/spa, and a business center with conference suites. The project is a part of the larger office park development called The Green at Florham Park, which already contains a number of office buildings. Completion is expected in early 2017.

Rendering of 54 Bright Street, by Jorge Mastropietro Architects Atelier

Four-Story, Four-Unit Building Rises at 54 Bright Street, Jersey City

7:30 am on March 29, 2016 By Evan Bindelglass

We like to keep our eyes open to new developments outside New York City, and one of the fastest-growing places is Jersey City. It could soon overtake Newark as the most populous city in the nation’s most densely-populated state. In January, ground was broken for a 900-foot residential tower at 99 Hudson Street. Now, we have word of a decidedly smaller development – a four-story, four-unit condominium building rising at 54 Bright Street.

Developer Plans 1,000-Unit-Plus Mixed-Use Project At 450 Broad Street, Newark

10:00 am on March 28, 2016 By Reid Wilson

New York-based Lotus Equity Group has acquired the Bears and Eagles Riverfront Stadium at 450 Broad Street, in Downtown Newark, for $23.5 million, NJ Advance Media reports. The 6,014-seat stadium (and presumably the four-story parking garage to the south), located two blocks from the New Jersey Transit’s Newark Broad Street station, is expected to be demolished to make way for a mixed-use tower. The development could accommodate between 1,000 and 1,500 residential units and will contain commercial spaces. The commercial uses haven’t been finalized yet, but plans include a possible hotel and retail space. A construction timeline has not been disclosed. The baseball stadium was construction only 17 years ago.

Extensive Renovations Planned At 131-Unit Subsidized Housing Complex At 591 Montgomery Street, Jersey City

4:00 pm on March 22, 2016 By Reid Wilson

The Jersey City Housing Authority has tapped The Architectural Team to design an extensive renovation of the 14-building, 131-unit affordable housing complex at 591 Montgomery Street, located just west of downtown Jersey City. The complex, dubbed Bushwick Estates, includes three- and four-story building with subsidized apartments that come in two-, three-, and four-bedroom configurations. Real Estate Weekly reports the renovations will include both interior and exterior work, featuring new façades, green spaces with landscaping and lighting, and energy-efficient technology. The complex – which is bound by Bright, Merseles, and Montgomery streets – was originally completed in the 1980s and designed by Don M. Hisaka.

Deal Reached For Triangle Park Multi-Building Mixed-Use Development, Newark

11:00 am on March 22, 2016 By Reid Wilson

Early last year, the Newark City Council approved plans to build a 2.5-acre park in the city’s downtown. It would connect Prudential Center to the Ironbound’s Peter Francisco Park by bridging over Newark Penn Station, but it would also serve as the centerpiece of a multi-building mixed-use development of the surrounding vacant blocks. Last week, the city of Newark struck a deal with Edison Properties and J&L Parking Corporation to development the buildings, Newark Patch reports. Details on the new buildings are sparse, but there will be a significant number of residential units, retail space, and possible office space. Construction is expected to commence later this year and completion is tentatively set for July of 2018. The Newark Community Economic Development Corporation will head the construction of the park, being designed by MKW + Associates.

Groundbreaking Imminent For 5.8-Million Square-Foot Mega-Development In Sayreville, New Jersey

6:00 am on March 17, 2016 By Reid Wilson

In the next few weeks, O’Neill Properties Group is expected to break ground on the 5.8-million-square-foot mixed-use mega-development planned on 418 acres along the Raritan River in Sayreville, New Jersey. The New York Times reports the project, dubbed the Pointe, will include 2,000 residential units, up to 1,000 hotel rooms, 750,000 square feet of office space, and 2.4 million square feet of commercial-retail space. Also approved is 226,000 square feet of Times Square-style digital signage across seven billboards.

First Phase Of Hudson Lights Mixed-Use Project Wraps Up Construction, Fort Lee

6:00 am on March 10, 2016 By Reid Wilson

Back in November of 2013, YIMBY revealed renderings of Hudson Lights, a multi-building mixed-use development, in downtown Fort Lee, New Jersey. The three-block project is bound by Main Street, Lemoine Avenue, Bruce Reynolds Boulevard, and Park Avenue (formerly Martha Washington Way). Its first phase, which includes 140,000 square feet of commercial-retail and 276 rental apartments in the form of 12- and three-story buildings, is now wrapping up construction. NorthJersey.com reports 75 percent of the retail space is now leased. CycleBar, SeeSaw, Linwood Wine & Liquor, CVS, a Capital One bank, a Coldwell Banker office, multiple restaurants, and an eight-screen iPic movie theater have all leased space. Opening is expected this summer. The approved second phase of the project will include two taller buildings with an additional 201 residential units, a 175-key hotel, and 50,000 square feet of retail space. Illinois-based Tucker Development Corp. is the developer.

50-Story, 446-Unit Residential Tower Wraps Up Construction At 65 Bay Street, Jersey City

11:00 am on March 8, 2016 By Reid Wilson

Back in September of 2015, YIMBY brought you construction shots of the planned 50-story, 446-unit residential tower at 65 Bay Street, in Jersey City’s Powerhouse Arts District. At the time, the structure was roughly 35 stories in height, and has since topped out at 484 feet above street level. The rental project, dubbed Trump Bay Street, accumulated $50 million in financing from the EB-5 program, Bloomberg Politics reports. It’s 41,000 square feet of amenities include an outdoor pool, an indoor golf simulator, along with a large parking garage, which connects to Trump Plaza Residences (built of 2008). Kushner Companies and KABR Group are the developers and Humphreys & Partners Architects is designing. Completion is expected this upcoming summer.

44-Story, 448-Unit Residential Tower Rises To 35th Floor At 33 Park Avenue, Jersey City

3:00 pm on February 25, 2016 By Reid Wilson

In February of 2015, YIMBY revealed renderings of the two-tower, 900-unit residential development at 33 Park Avenue, in eastern Jersey City’s Liberty Harbor section. A few months after our post, Fisher Development broke ground on the first tower of the project, which includes a 44-story, 448-unit building with retail space in its base. Now, photos by Tectonic reveal that the structure is roughly 35 stories above street level and rising. Curtain wall installation has also begun on the four-story base podium. The other tower will also eventually stand 44 stories but will contain 452 residential units. Retail space in both components will total roughly 15,000 square feet. The apartment towers are being designed by Perkins Eastman and completion of the first tower is expected in 2017.

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