APEX Orange Crossing, a new 50-unit multifamily development at 276 Reock St. in Orange, is the first piece of a planned three-phase development. — Courtesy: PEEK Properties
By Joshua Burd
PEEK Properties has all but completed the first of three new apartment buildings in Orange, bringing 50 units to market as it looks ahead to the remaining phases.
The developer on Tuesday said it was preparing to launch leasing in the coming weeks at 276 Reock St., the site of APEX Orange Crossing. Market-rate rents for the mix of studio, one-bedroom and two-bedroom homes will range from $1,750 to $2,700 per month, PEEK said, touting a location one block from NJ Transit’s Orange station and the historic Main Street Business District.
“With the upcoming lease launch at APEX Orange Crossing, all of us at PEEK Properties are extremely eager to open our doors and introduce the urban-chic APEX lifestyle to prospective tenants,” said Darla Rodriquez, director of property management. “As the flagship for Orange Crossing, APEX is raising the benchmark for luxury urban living by incorporating market-unique features and amenities rarely found in eastern Essex County.”
Apartments at Orange Crossing, which occupies the corner of Reock, South Day and Freeway Drive West, include standard video intercoms, high ceilings, walk-in closets with shelving, upscale finishes and individually controlled eco-friendly HVAC systems, according to a news release. Residents of the upscale homes will also have a ground-floor gated garage with car-charging stations, automated parking and smartphone-accessible keyless entry to all community spaces, which include a 24/7 modern fitness center and an automated package delivery center.
APEX Orange Crossing also has storage rooms with secured lockers on floors five and six, a live-in superintendent, trash chutes on each floor and round-the-clock video surveillance.
“PEEK Properties is a long-term developer, owner and operator and as such, is committed to incorporating the highest-quality materials — such as Gypcrete flooring and wall materials to reduce sound — to deliver an unrivaled rental-living experience,” said Lourdes Lopez, director of operations. “Orange Crossing is well on its way to emerging as an important architectural landmark and a catalyst for advancing the town center neighborhood’s appeal among a tenant cohort of executives, managers and professional office workers who value walkability, transit and immediate-area dining and shopping.”
Plans for the adjacent second and third phases include another 99 units at 495 Day St., known as SUMMIT Orange Crossing, and 91 units at 72 South Essex Ave., known as PINNACLE Orange Crossing. Once completed in late 2022 and mid-2023, respectively, APEX residents also will have access to a rooftop terrace and lounge at the sister buildings.
PEEK added that the site is part of the municipality’s efforts to revitalize the area between the NJ Transit railroad right-of-way and Interstate 280. The area is bounded by South Essex Avenue to the west and South Center Street to the east.
Developer secures construction loan for 50-unit rental project in Orange
