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HOBOKEN, NJ-Danmarc Partners LLC of Edgewater, NJ has received final approval from the planning board to move ahead with its proposed 204-unit apartment complex on a square-block site near this city’s border with Jersey City. Danmarc had received preliminary approval late last year.

The targeted site is currently being used as an auto junkyard, and the project will involve demolition of existing buildings as well as a New Jersey DEP-supervised site remediation of possible contaminants. Once that’s completed, according to Danmarc officials, the apartment complex will rise as four, four-story buildings with more than 200 parking spaces for tenants.

One item yet to be decided by Danmarc officials is whether it will be a rental or condo community, a determination that is expected to be made shortly. A late summer ground-breaking is slated, and the project is expected to be ready for occupancy in early 2005.

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