X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BAYONNE, NJ-Kaplan Cos. has received approval from this city’s planning board to move ahead with a 145-unit residential condominium project in this city’s Bergen Point section. Construction is slated to start in the middle of next year, according to Jason Kaplan, vice president of the Highland Park, NJ-based company.

The six-story one- and two-bedroom building has been named Waterford at Bayonne. The project, which will include two levels of parking underneath, will have Manhattan skyline views and will take architectural elements from many of the older buildings in this waterfront city, according to Kaplan.

Waterford at Bayonne also represents a redevelopment project. The one-acre site was once used as a bus terminal, but is now mostly vacant, according to Kaplan, whose company has developed a total of more than 20,000 residential units. And as part of the overall project, an adjacent bus stop will be overhauled to “mesh with the building’s character,” according to Kaplan. The cost of building Waterford at Bayonne has not been disclosed.

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?

 

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 © 2022 ALM Global, LLC. All Rights Reserved.