The new St. Lucy’s Shelter has opened its doors at 612 Grove St. in Jersey City, following a project by Arc Building Partners in conjunction with the Archdiocese of Newark. — Courtesy: ARC By Joshua Burd Arc Building Partners has…
Developers and local officials say they have high hopes for a luxury mixed-use development on Route 10, one with a concept that seemingly relies more heavily on retail and restaurants than typical mixed-use residential developments, in an effort to broaden its appeal.
A joint venture has broken ground on its redevelopment of a former suburban office property in Parsippany, with plans calling for 60,000 square feet of retail and restaurant space, 498 luxury apartments and a pedestrian-friendly design meant to evoke a town center.
A development team has secured nearly $147 million in construction financing for a project that will bring some 500 new apartments and retail space to Parsippany, revitalizing the former site of a defunct office complex on Route 10.
A joint venture has snagged nearly $58 million in permanent financing for a newly built, 220-unit apartment property in downtown Englewood, brokers with JLL announced.
A development team has completed its sale of a new 240-unit luxury apartment building in Park Ridge, commanding $130 million for the property in a deal with Veris Residential Inc.
The developers of a new 199-unit luxury apartment building in Jersey City have all but leased up the property and its 10,000 square feet of street-level retail space, the firms announced.
Veris Residential Inc. has agreed to buy a newly built, upscale apartment property in Park Ridge for $130 million, adding another 240 units to its New Jersey multifamily holdings.
A joint venture has secured $105 million to refinance a two-building, 362-unit multifamily portfolio in Jersey City’s burgeoning West Side neighborhood, in a deal arranged by JLL.
A developer has broken ground on a new homeless services center in Jersey City, marking a key step in a plan to ultimately build a 23-story, 444-unit apartment tower across the street.