Waypoint Residential and Hollister Construction Services joined public officials and other well-wishers in early December to break ground on Walcott Hackensack, a planned 235-unit luxury apartment project at Main and Anderson streets. — Courtesy: Hollister
By Joshua Burd
Hollister Construction Services joined client Waypoint Residential recently to break ground on a new 235-unit luxury residential project in Hackensack.
Waypoint, a Boca Raton, Florida-based developer, announced in September that it was planning the rental complex at Main and Anderson streets. Known as Walcott Hackensack, it will be the firm’s first midrise multifamily development in New Jersey and will replace the site of an office and warehouse building.
Plans call for four stories of apartments over podium parking, in what will be the latest new mixed-use project in and around downtown Hackensack. The city has thousands of units under construction or in its pipeline, following a multiyear effort to rezone and revitalize its central business district.
All photos courtesy: Hollister Construction Services
“We choose the city of Hackensack based on its strategic location in Bergen County, its strong daytime population, its development-oriented revitalization plan, and its growing affluent population,” Jim Driscoll, a senior vice president of development with Waypoint Residential, said in mid-September after the firm acquired the development site.
“This multifamily community represents an opportunity to develop a well-located site in a vibrant, re-emerging neighborhood experiencing increased renter demand as cost-conscious renters migrate further from New York City.”