Mixed-use housing providing walkable access to comprehensive retail offerings, a large public promenade and a vital transit hub, will allow for active and engaged lifestyles for the areas senior population.. Inside our refreshing, smoke-free community, you'll find thoughtfully designed studio, 1-, 2-, and 3-bedroom apartment homes and 2- and 3-bedroom townhomes. Send all letters to the editor and press releases to that email address. We are excited to work with a fantastic group of partners in bringing state-of-the-art housing options to seniors living in this dynamic section of the Northeast Corridor, said Michael Ferry, a Welltower senior vice president and head of global development. The builder will be Avalon Bay, who also built the new 280-unit apartment complex at the former Princeton Hospital site on Witherspoon Street in Princeton. Our apartments for rent in Princeton, West Windsor, and Lawrenceville offer easy access to mass transit to both New York City and Philadelphia from Central New Jersey. Parc at Princeton Junction - 3000 Goldfinch Blvd Princeton, NJ Mondays announcement comes eight months after AvalonBay announced its co-developers at the site. Rentals Near Avalon Princeton Junction - West Windsor Township, NJ. Four firefighters suffered minor injures after battling a four-alarm blaze at the Avalon Princeton Junction apartment complex in West Windsor on Wednesday. ft. at ex-Bed Bath site in Iselin, Jeffery Realty says, Eisai secures three environmental, health certifications for U.S. headquarters in Nutley, EDA to launch $10 million Food Desert Relief Act tax credit auction, The Garibaldi Group mourns longtime New Jersey broker, partner Peter Blanchard. Contact us to schedule an appointment and locate your dream location at these apartments in West Windsor today. but more importantly, the community, added Mr. Neuer. The township has struck a deal with developer Avalon Bay to build 800 housing units, together with a hotel and 37,000 square feet of retail space, on the 25-acre site bordering Washington Road and the west side of the railroad corridor. WEST WINDSOR TOWNSHIP, N.J. (CBS) -- A massive fire ripped through a New Jersey apartment complex, displacing dozens of people and injuring four firefighters. Bussel Realty represents Dollars Up in leasing 1,530 sq. Get the latest business insights from Dun & Bradstreet. In an area flourishing with convenience, recreation, and possibility, Avalon Princeton offers apartments and townhomes for lease. All rights reserved. State updates list of billions in unclaimed money and property heres where to Imperial Dade acquires Ohio & Michigan Paper Co., adds density in Midwest, 2023 Visit Atlantic City Airshow brings nearly 500K visitors to city. Get our free e-alerts & breaking news notifications! So why wait any longer? More + ft.at Veronica Denholtz picks Pierson Commercial as retail broker for Red Bank project. I am excited to see the project become reality, he said. All Right Reserved. (609) 336-4006, Monday Closed It happened at the Avalon Princeton . The new development will include 16.5 percent affordable housing totaling 132 units, contributing towards the 1,500 affordable units the township must build under a court order issued in March. Friday 08:30 am-05:30 pm AvalonBay's plans in Princeton Junction plans call for 535 multifamily units, 135 senior housing apartments, 48 condominiums, 150 for-sale townhomes and roughly 21,000 square feet of retail space along a centrally located promenade. AvalonBay names co-developers for massive housing, retail project at Furniture shown on the floor plan drawings is representative and individual apartments come unfurnished unless specified otherwise. This is what West Windsor Mayor Hemant Marathe has agreed to build next to Princeton Junction Station. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. Marathe, who took office in January of this year, said he is unsure how or why InterCap exited the project, but that Avalon Bay will be purchasing the property. Police said all inquiries to assist the families who lost their homes should be made either throughthe Red Crossor AvalonBay Communities throughCharlene_lemoine@avalonbay.com. AvalonBay is very active in the area, having built Avalon Princeton in 2016, and is currently spearheading a transformational project at the Princeton Junction Train Station in West Windsor that will include 535 multifamily units, 135 senior housing apartments, 48 condominiums, 150 for-sale townhomes and approximately 21,000 square feet of . Inside our refreshing, smoke-free community, you'll find thoughtfully designed studio, 1-, 2-, and 3-bedroom apartment homes and 2- and 3-bedroom townhomes. The property currently houses two office buildings that total approximately 110,000 square feet on more than 15 acres at the end of a cul-de-sac. At some point after 2013, InterCap ceded control of the development. 800 new homes. One of the highlights of living in our luxury apartments in West Windsor is our convenient location. ft. office building in Passaic, Florham Parks Schenck, Price, Smith & King elevates 2 to counsel. WEST WINDSOR APARTMENT COMMUNITY She noted that the apartments will range from studios to three-bedroom units, with amenities such as a fitness center, co-working space, a rooftop lounge and deck, a heated outdoor pool and others. AvalonBay is very active in the area, having built Avalon Princeton in 2016, and is currently spearheading a transformational project at the Princeton Junction Train Station in West Windsor that will include 535 multifamily units, 135 senior housing apartments, 48 condominiums, 150 for-sale townhomes and approximately 21,000 square feet of retail space along a centrally located promenade. AvalonBay Communities Inc. has taken its first steps toward transforming an outdated office complex in West Windsor, where plans call for more than 800 units of housing, retail and public space as part of a vibrant destination at the Princeton Junction train station. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Maybe you're going for class without the extravagance. 2020 AvalonBay, Inc. All rights reserved. Avalon Bay will also pay for improvements to the intersection of Route 1 and Washington Road to improve traffic, although the new road configuration will not include an overpass. By clicking Accept, you consent to the use of ALL the cookies. Find company research, competitor information, contact details & financial data for Avalonbay Communities, Inc. of Princeton Junction, NJ. We are happy to partner with the outstanding team at Welltower and work alongside AvalonBay on this exciting mixed-use development and revitalization., After the Westwood location shutters, the retailer which once operated more than 2,000 sites in the U.S. [], The economic boost the Airshow brings to the destination is incredible and our casinos and businesses truly[], Known for its gourmet cinnamon rolls, brownies and cookies, the vegan bakery will begin welcoming customers Se[]. Sunday 10:00 am-03:00 pm, One-Bedroom Tours When a discount is applicable, it is included in the price we display. Surrounded by the beauty of a woodland area, Avalon Princeton Junction extends an indulgent way of living to this gorgeous township. NJ. So go ahead. (click to expand). West Windsor, NJ 08550 This is what West Windsor Mayor Hemant Marathe has agreed to build next to Princeton Junction Station. You've put a lot in to get where you are. 2023 NJBIZ Winners Circle: Where are they now? Where you live, is where you come alive. See Less -, Three-Bedroom Tours This development will make an area that is currently underutilized and run down vibrant once again.. Homes Available Soon - Link at W Squared - Princeton Junction, NJ - Trulia Ocean Blue @ Singer Islands Million-Dollar Renovation Transforms Islands Sole Office Building into a Luxurious Lifestyle Destination. Winds NNW at 5 to 10 mph.. The buildingwas built of lightweight wood,which was reported to be a big factor in the scale of the fire. Your email address will not be published. (609) 900-7089, Monday Closed Avalon Bay has conveyed a 2+-acre portion of the property to the municipality for the construction of a senior . Introducing the 2023 NJBIZ ICON honorees (updated), Introducing the 2023 Empowering Women honorees. Pricing may vary based on lease term. The new development will occupy 25 acres next to Washington Road, and will include 132 units of affordable housing. 2 BR/1 BA 874 Sq. Avalon is home to beautiful and charming luxury apartments in Lawrenceville, Princeton, and West Windsor. Avalonbay Communities Jobs, Employment in Princeton Junction - Indeed Residents have waited for many years for the redevelopment of this site near the Princeton Junction train station, West Windsor Mayor Hemant Marathe said. Learn more about our use of cookies: cookie policy, AvalonBay eyes start of site work at $350 million mixed-use project at Princeton Junction, Marcus inks sale of 53-unit Toms River multifamily property, CBRE: Long Island firm buys 122,000 sq. Thursday 09:30 am-06:30 pm Thursday 09:30 am-06:30 pm AvalonBay purchases Princeton property from KABR Group utilities, parking, etc.). Courtesy: AvalonBay. One area planning expert who was hired as a consultant in Ewing Townships town center project told U.S. 1 in 2014 that he believed the West Windsor project would never be built as approved. Essex & Crane by Vermella is currently 60% leased just three months after opening for leasing in May. We go to great lengths designing amenities and choosing locations that put everything within reach. We offer a variety of spaces and places to help you find your fit. Quoted rent does not include other fees and charges that may be a part of your lease (i.e. To view our latest e-Edition, click the image on the left. The 25-acre site, located within the townships 350-acre redevelopment area surrounding the Princeton Junction train station, has been targeted for redevelopment for years but various plans had stalled in the face of West Windsor residents concerned about new residents crowding the schools. Necessary cookies are absolutely essential for the website to function properly. Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. He said the number of residential units was not enough to make the development economically feasible for the developer. introducing AvalonBay to the project would be a win-win for all parties community will add a diverse array of housing options to the Princeton area in strength and vibrancy of Princeton. said Matt Giammanco, Senior Director of Positioned on more than 15-acres at the end of a cul-de-sac, the future development will feature multiple living options for future residents, including a four-story apartment building with an elevator, three-story walk-up buildings and high-end luxury rental townhomes. This news story is available exclusively to CoStar subscribers. The former opened at 95 Vervalen St. in Closter, and the latter launched at 100 Reaville Ave. in Flemington. W Squared, the $350 million, 25-acre mixed-use residential and retail community led by AvalonBay that will transform the Princeton Junction train station, recently was given final site plan approval by the West . Shed the hassles of ownership without sacrificing the comforts of home. This is not just apartment living. Videos; Virtual Tour; KABR Group sells Princeton site to Avalon Bay. Saturday 08:30 am-05:30 pm NAI James E. Hanson Named Exclusive Brokerage Firm for 70,000-Square-Foot Office Building in Passaic, N.J. Tishman Speyer and San Francisco Giants to Welcome Five CelebratedBay Area Retailers to Mission Rock, Florida East Coast Realty Sells Another Coral Gables Office Condo Unit at 2020 Ponce Building for $1.56 Million, Pacific Urban Investors Expands Southern California Portfolio with Acquisition of La ScalaStrengthening Presence in Highly Desirable San Diego Submarket. If you are the site owner (or you manage this site), please whitelist your IP or if you think this block is an error please open a support ticket and make sure to include the block details (displayed in the box below), so we can assist you in troubleshooting the issue. That will allow AvalonBay to create pad-ready sites by 2023 to begin vertical construction alongside its co-developers.
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