With more than a year of due diligence, entitlements and land assemblage in the books, Liberty Property Trust is set to break ground on the first piece of a $1 billion, mixed-use project to transform Camden’s waterfront.
A new Whole Foods store, the retail centerpiece of a project to revitalize the historic Hahne & Co. building in downtown Newark, is expected to open within just a few months.
Developer JMF Properties has spent the past year filling its multifamily pipeline, with construction underway at four properties and groundbreakings in sight at several others.
DMR Architects has added 10 new team members in 2016, expanding its staff by nearly 33 percent as it responds to a 30 percent growth in billing during the year.
AvalonBay Communities Inc. has opened the doors to its new community in Princeton, marking the completion of one of New Jersey’s more fiercely contested redevelopment projects in recent years.
A new 20-unit apartment building in Bayonne has sold for more than $5.8 million, the largest among six investment sales in Hudson County brokered recently by The Kislak Co. Inc.
Community Access Unlimited opened a new 60,000-square-foot headquarters in Elizabeth. The five-story, $11 million building features office space for both CAU and local businesses, along with community spaces such as a 400-seat auditorium on the ground floor.
Alfred Sanzari Enterprises has acquired a newly built 49-unit apartment complex in Metuchen, expanding the company’s reach in the central New Jersey residential market.
As the state Supreme Court weighs the issue of affordable housing, stakeholders will gather later this month to shed light on the issue and tackle one of New Jersey’s most divisive and seemingly unsolvable public policy questions of the past three decades.