Retail
District 15Fifteen adds seven dining, fitness tenants as Parsippany project hits 65 percent leased

By Joshua Burd The team behind the mixed-use District 15Fifteen project in Parsippany has filled two-thirds of the property’s retail space, with momentum building after a recent surge in leasing. According to Pierson Commercial, the broker for the Route 10…

Residential & Mixed Use
District 15Fifteen in Parsippany welcomes first residents, as momentum builds for retail leasing

A major mixed-use development is taking shape along Route 10 in Parsippany, with residents now moving in and a flurry of leasing activity at the property’s retail space.

Features
Long-awaited Parsippany project comes with visions of bustling, downtown-style retail

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.

Residential & Mixed Use
Developers break ground on Parsippany project with downtown-style retail, 498 apartments

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.

Sponsored Content
The Morris County EDC Presents the 30th Annual Partners in Economic Development Awards

 At the 30th Annual Partners in Economic Development Awards, industry experts from around the state will discuss real estate development in New Jersey and its potential for the next five years. The Morris County Economic Development Corporation is hosting this conference, which will occur on Friday, April 14, 2023, at the Hyatt Regency Morristown. This is a fantastic opportunity for attendees to gain valuable insight into current trends and strategies in real estate development and network with other professionals in the field.

Finance & Capital Markets
C&W: Developers land $147 million construction loan for Parsippany redevelopment project

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.