JV Reveals Next NJ Mixed-Use Project
Bennett Realty & Development and EDEN Property Company plan to develop a 104-unit community in Plainfield, NJ.
PLAINFIELD, NJ – Bennett Realty & Development and EDEN Property Company LLC have revealed plans for their latest joint-venture project.
The partnership will develop a new, mixed-use property located at 803 South Ave. in Plainfield, NJ’s Netherwood neighborhood.
Situated near the Netherwood train station, the development will offer 104 market-rate apartment units, ranging from studio and one-bedroom floorplans to two-bedroom floorplans. The project will feature 4,000 square feet of indoor amenity space, more than 8,000 square feet of outdoor amenity space, 115 covered and secure on-site parking spaces and 870 square feet of commercial space to serve residents.
“Plainfield, NJ is experiencing an incredible renaissance and we are proud to be a big part of that,” states Bennett Realty & Development CEO and founder, Tyler Bennett. “Their time has come. This marks our second multi-family development project within the Netherwood section of the city of Plainfield as we look forward to continuing our commitment and working closely with the city, who has been outstanding in supporting our vision for this project.”
“What began five years ago is now coming to fruition,” comments Dennis Cieri, CEO and founder of EDEN Property Company. “We are proud and excited to be part of the transformation of the Netherwood train station community and are truly blessed with the cooperation we have received from the city of Plainfield and the state of New Jersey. We are anxious to deliver the final product here and to work on other transformative projects within this city of Plainfield.”
