With move-ins slated to begin this month, Landsea Homes is off to an auspicious start at Avora, its new upscale condominium project in the Port Imperial section of Weehawken. The developer has sold 40 percent of the project’s 183 homes — with a formula that includes resort-style amenities, sustainable construction and what Gabe Pasquale proudly describes as a “bullseye view” of Midtown Manhattan.
CHA Partners has spent the past 10 years filling a void in the health care and real estate markets, having acquired and repurposed three former hospitals in New Jersey. And it’s now poised to begin its largest project to date — the long-awaited conversion of a shuttered hospital in Plainfield.
KIPP New Jersey has grown its portfolio of Newark charter schools with the type of nimble, resourceful approach that is often used by developers and real estate investors in urban settings. The proof is in the makeup of its portfolio, which includes everything from new construction and renovated facilities to leased spaces in places like the heralded Teachers Village project.
Building neighborhoods has been a common thread as Bijou has made its mark on the lesser-known northern and western ends of Hoboken, not only with successful residential projects, but with new retail spaces that can draw foot traffic and activity beyond those who live in the area. In doing so, the firm has helped open new frontiers in its home city, which remains as popular as ever.
Elberon Development Group has bolstered its portfolio in one of the state’s strongest industrial submarkets, while moving its headquarters back to where the company began a century ago.
Now in its 65th year in business, Denholtz Associates has continued its longtime focus on value-add office and industrial projects. But it’s also marking a return to its roots, with a pipeline that includes new residential construction for the first time in decades.
New Jersey’s commercial real estate market was as dynamic as ever in 2017, thanks in large part to the health of the industrial and multifamily sectors. But we also saw developers and investors adapt to critical changes and challenges in the retail and office sectors.
Kipcon Engineering has worked to expand and modernize its practice with the use of drones, using the technology for everything from surveying and road repairs to moisture testing and building inspections — providing a new frontier for engineering and construction professionals.
Rotwein + Blake is hoping to tap into the next wave of innovation in the design of commercial real estate: virtual and augmented reality. The Livingston-based architecture firm is now hoping to integrate the technology into its practice going forward, seeing it as a tool that can both enhance the design process and create additional value for its clients.
The newest addition to the Atlantic City skyline is not another casino, but a 230-foot-tall observation wheel that will become the latest and greatest piece of the iconic Steel Pier. The year-round attraction is now open to the public, but that might not be the case without the work of an architecture and engineering firm with deep ties to the seaside resort town.