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.

Residential & Mixed Use
Affordable housing builder breaks ground in Vineland

A developer has broken ground on a new affordable housing and retail complex in downtown Vineland after securing nearly $18 million in financing, a representative said.

Residential & Mixed Use
NJAA honors top apartment players at annual gala

More than 700 professionals from the multifamily housing industry gathered recently to honor companies, individuals and allied services at the New Jersey Apartment Association’s 23rd Annual Garden State Awards of Excellence gala.

People
New property manager joins Denholtz

Denholtz Associates has hired a property manager to help oversee its portfolio in Central Florida, the Matawan-based commercial real estate firm said Wednesday

Government & Public Policy
Acquisition gives N.J. full control over Fort Monmouth site

After four years of redevelopment efforts that focused on only half of the sprawling Fort Monmouth property, a state authority has acquired the remaining 560 acres from the U.S. Army, allowing it to move ahead with projects that are slated for the balance of the site.

Government & Public Policy
Developers wanted for former Camden prison site

A state authority is seeking a developer for the site of a former prison in Camden — a parcel that it describes as “the most valuable piece of real estate” on the city’s northern waterfront.

The Rundown
Pompton Lakes agency OKs mixed-use redevelopment

Local officials in Pompton Lakes have approved a plan that would bring more than 450 apartments and a host of retail space to its downtown, according to a published report Tuesday.

Residential & Mixed Use
Three Essex County multifamily towers sell for $27M

Private investors have acquired a set of apartment high-rises in East Orange, paying $27.15 million for nearly 250 units in one of the city’s main thoroughfares.

Residential & Mixed Use
One Theater Square: The right project at the right time

Stakeholders are celebrating a project that is not only a long time coming, but coming at perhaps the perfect time for Newark.

Government & Public Policy
In Newark, a feel-good moment decades in the making

Business leaders and public officials gathered in Newark on Monday for groundbreaking ceremony for One Theater Square, a $116 million residential tower across from the New Jersey Performing Arts Center.

The Rundown
Report: 21-unit project pitched for Jersey City’s Heights section

A developer has proposed building a 21-unit residential complex at what is now a repair shop in Jersey City’s Heights section, according to a published report.