(To read more about Real Estate Media’s Green Initiative, please click here .)

HOBOKEN, NJ-Developer Bijou Properties has received its approvals to develop a 12-story mixed-use building at 1415 Park Ave. at 14th Street here. Ground is expected to be broken for the yet-to-be-named building within the next 12 to 14 months, with completion slated for a year after that. The $100 million project will rise on the current site of a parking garage and an adjacent empty lot.

The plans call for a total of 180 condo residences, 30,000 sf of ground-floor retail and 371 parking spaces, according to Lawrence Bijou, managing partner of the Teaneck-based Bijou Properties. As part of the development plan, Bijou Properties is also going to donate 46,000 sf of space in the building to the Elysian Charter School, which currently operates in two separate locations within this Hudson County city.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.