Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Show time: Atlantic Builders Convention set to begin with new venue, new energy as housing industry eyes tailwinds in 2024

The Atlantic Builders Convention will kick off this week at a new venue for the first time in five years, bringing a crowd of thousands to the Hard Rock Hotel & Casino Atlantic City. That comes with new excitement, but organizers say the buzz is about more than just a change of scenery. They also point to growing membership, growing engagement and a more diverse slate of exhibitors, along with signs of progress on key public policy initiatives to streamline new construction and improve housing affordability in New Jersey.

Solaia in North Bergen hits 60 percent sold after six luxury condo sales in one week

Luxury condo tower Solaia is now more than 60 percent sold after a recent flurry of activity at the North Bergen property.

Plainfield development site slated for 71 rental units trades for $2.6 million

A developer has acquired a site in Plainfield with approvals in place for more than 70 apartments, in a deal arranged by Berkadia’s Morristown office.

NJ Transit: Ground lease with LCOR ‘sets the stage’ for Hoboken Connect groundbreaking

The long-awaited Hoboken Connect project took a key step forward on Tuesday with the approval of a ground lease between NJ Transit and LCOR, the developer for what’s slated to include new apartment and office towers and upgrades to the city’s historic transit terminal.

Jersey City’s Bayfront project awarded $1.6 million federal grant

Jersey City has snagged a $1.6 million federal grant for the highly touted Bayfront project, where plans call for hundreds of homes for low- and moderate-income renters as part of a sweeping redevelopment of 100 acres along the Hackensack River.

Woodmont, Canoe Brook start construction on 199-unit rental project in Randolph

Woodmont Properties and Canoe Brook Development have broken ground on a project that will bring 199 new luxury rental homes to the Morris County township of Randolph.

New 51-unit rental building in Bound Brook fetches $15 million, in Veerman-brokered deal

A developer has sold a newly completed, 51-unit apartment building in Bound Brook for $15 million, in a deal arranged by Veerman Asset Management.

Hackensack Meridian breaks ground on new office, health center at mixed-use Metropark site

Construction is set to begin on nearly 250,000 square feet of new corporate and medical office space in Woodbridge, the future home of a Hackensack Meridian Health facility and the first piece of a distinctive mixed-use project at the Metropark train station.

Carino joins NRP Group as vice president of development

The NRP Group has bolstered its team in the Northeast apartment sector with the addition of Patrick Carino as vice president of development.

DIGroup names Haas, Koehler to leadership team as associates

DIGroup Architecture has promoted both Kate Haas and Debbie Koehler to the associate level, making them the first non-architects at the 18-year-old firm to achieve the designation.