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apartment buildings that New
Brunswick does have — including
Pennrose’s 207-unit Premiere
Residences on Livingston Avenue
— are virtually full. So are the city’s
older rental buildings, but that could
change if the development pipeline
comes to fruition.
To that end, Weiss Properties
has approvals to build a 24-story,
407-unit tower known as The LIV
Apartments, designed by Minno
& Wasko Architects and Planners,
that would rise roughly a quarter-
mile from the HELIX. Another fi rm
that has operated in the city for
decades, Boraie Development, is
planning a new 342-unit project at 11
Spring St. across from the science
and technology campus, with MHS
Architecture leading its design team.
Paladino, meantime, noted that the
HELIX’s third phase is currently
slated to include 250 apartments
over a 240,000-square-foot podium
of lab and offi ce space. They’re
among the many projects that are
in the city’s pipeline, which also
includes a planned 22-story, 331-unit
tower at Bayard and Kirkpatrick
streets by Wick Cos., as well as
smaller proposals throughout
the city. All of which comes as
construction continues on a major
project outside the downtown, at the
former Sears site on Route 1, where
Russo Development is building 531
apartments alongside 168 for-sale
townhomes by PulteGroup.
Managing the infl ux of applications
is nothing new for New Brunswick,
which has decades of experience and
a respected team of professionals
that can handle the volume, while
ensuring the projects check boxes for
design, parking
requirements,
affordable
housing and
other factors.
Simply put,
Mayor James
Cahill said, “we
sit down, we
James Cahill
review them
and, if it’s something we like, we
facilitate it getting done.”
“Most of the projects that we’re
looking at are quality developers
who know what they’re doing, have
Rendering by Minno & Wasko Architects and Planners/Courtesy:
Weiss Properties
Plans for The LIV Apartments call for a 24-story, 407-unit tower with a mix of studio,
one-bedroom and two-bedroom homes on Livingston Avenue between New and Morris
streets in New Brunswick.
the ability to get site control and
understand what our needs are in the
city,” he said. “And most of them are
pretty easy to work with.
“But we have certain standards we
adhere to, and we make sure that
people stick to them. The beauty
is that … perhaps 30 years ago, we
would have been a little bit more
lenient with regard to trying to attract
people here. But because of the
desirability of the city, we can be a lot
more selective and defi nitive about
what it is we need in a project for it to
go forward.”
Developers have long said that
stability in government is one of
the city’s key advantages, and that’s
no different as a new phase of
development emerges.
COMMERCIA AL L
COMMERCIA AL
CONSTRUCT TION N &
CONSTRUCT TION N & &
PERMANENT PERMANENT LO OA ANS S
L LO OA ANS S
- Over 130 0 Y Ye ea ar rs s o of f E Ex xp pe er ri ie en nce
- Loca al l D Deci ision Making
- P Pe ersonalized & Responsive Service
- Innovative Solutions
We are “The Builder’s Bank”
RECENT FINANCINGS
CONSTRUCTION/PERMANENT PERMANENT
$25,000,000
141 Apartments
Toms River
$15,350,000
130,000 SQ FT Warehouse
Tinton Falls
$14,250,000
86 Apartments
East Windsor
BOB BENI
Senior Vice President
732.591.8700 x5732 I [email protected]