A rendering of the new mixed-use project to be built at the former Lucas Chevrolet dealership in Woodbridge, NJ. A rendering of the new mixed-use project to be built at the former Lucas Chevrolet dealership in Woodbridge, NJ.

WOODBRIDGE, NJ—Prism Capital Partners of Bloomfield, NJ, in a joint venture with Northwestern Mutual Insurance Co. has acquired a development site with plans to develop a major mixed-use project here.

Prism, who will be operating partner, will redevelop the former car dealership site into a development that will feature 232 apartments and 12,000 square feet of retail space. All approvals to move forward with the project have been secured.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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