The owner of a Burlington County mall is moving ahead with plans to transform the property with the addition of more than 1,000 apartments and a hotel.
Connell Real Estate & Development Co., the developer and longtime owner of Connell Corporate Park in Berkeley Heights, is in the midst of a sweeping, $400 million improvement and expansion of the 185-acre property, one that will create new apartments, restaurants, entertainment and urban-style park space by 2023.
It may be the Mile Square City, but Hoboken still has room to grow. After creating mixed-use projects in the largely industrial western half, developers are focusing on the city’s northwestern corner, known as the North End. City officials are in favor of the growth, with a North End Redevelopment Plan in progress that focuses on a diversified tax base, open space and flood-resistant infrastructure.
Sordoni Construction Co. has announced a promotion for one of its longtime construction executives.
A development team has opened the doors to a new 211-room hotel in downtown Jersey City, with a focus on paying homage to the city’s growing arts and cultural scene.
A developer has acquired more than 100 acres along Florida’s Gulf Coast thanks to a newly completed, $3 million loan provided by Kennedy Funding.
A well-known hotel in East Rutherford is on the market for sale, brokers with JLL announced, touting its highly visible location and the potential to convert it to a residential building.
A large mixed-use development at the site of the former Mercedes-Benz campus in Montvale is moving ahead with the help of a $116 million construction loan, according to brokers with JLL.