A rendering of Meridia Transit Plaza, a planned $57 million project that will bring 214 apartments to downtown Dover. — Courtesy: Capodagli Property Co.
By Joshua Burd
Construction is underway at the site of a planned 214-unit apartment complex in downtown Dover, where a developer is seeking to capitalize on a busy downtown and nearby mass transit.
The developer, Capodagli Property Co., is leading the $57 million project that will result in the construction of what it calls Meridia Transit Plaza. The community will be located at East Dickerson and North Sussex streets, with completion slated for 2019.
By that time, local officials and the development firm hope it will anchor a redevelopment effort that is underway in the Morris County town, which has a population of about 18,000. Hollister Construction Services is working as construction manager.
“This development is going to be transformative,” said George Capodagli, managing member of Capodagli Property Co. “Dover is on the move to becoming a unique destination, a great place to visit, shop, eat, entertain and enjoy quality, affordable housing. Our building will serve as an anchor for that growth.”
Meridia Transit Plaza will feature a mix of apartments ranging from one- to two-bedrooms, according to a news release. The property, which will replace three existing surface lots, will have parking for 281 cars and 100 bicycles, along with street-level retail space for four businesses.
The development follows similar Capodagli projects in Rahway, Bound Brook, West New York, Rutherford, Hackensack, Linden and Wallington. The firm is slated to start another community in Robbinsville this year.
Amenities planned for the Dover property include a fitness center, community and party rooms, pet care and parking. The site offers access to routes 10, 15, and 46 and Interstate 80, along with direct rail service to New York City via NJ Transit’s Morris & Essex and Montclair & Boonton lines.
“Each Meridia property is designed with the community’s needs in mind,” Capodagli said. “In Dover, we want our building to reflect the excitement and beauty of the new downtown revitalization.”