Asbury Park will soon be home to a new rental apartment building at 115 Fourth Avenue, just one block away from the city’s iconic boardwalk. Inspired by Somerset Development is the entity behind the project and Minno & Wasko Architects and Planners will oversee design.
Namdar Group has closed on a $160 million bridge loan for 9 Homestead Place, a 27-story residential tower at 618 Pavonia Avenue in Jersey City. Designed by C3D Architecture, the structure will yield 432 rental apartments, 10,000 square feet of ground-floor retail space, a 21,000-square-foot office component, and a collection of amenity spaces.
Hornock Properties has revealed the amenity collection at Ivy and Green, the developer’s latest residential project at 1 Park Avenue in Hackensack, New Jersey. Designed by Minno & Wasko Architects, the amenities include both indoor and outdoor spaces that are meant to create a sense of community among tenants and an all-encompassing lifestyle experience.
Lincoln Equities Group and H.I.G. Realty have announced plans to construct three new specialty manufacturing and biotech buildings at the Princeton West Innovation Campus in Hopewell, New Jersey. The commercial campus is located at 311 Pennington Rocky Hill and currently has 915,000 square feet of leasable space, plus an additional 35 acres of undeveloped land.
Construction has broken ground at 420 Marin Boulevard, the site of a 1.3-million-square-foot mixed-use residential skyscraper in Jersey City. Designed by Beyer Blinder Belle and developed by Brookfield Properties and G&S Investors, the project is also known as Phase II in the Hudson Exchange master-planned development that will yield more than 6 million square feet.
