(To read more on the multifamily market, click here.)

EDGEWATER, NJ-Construction is now scheduled to start late this year for Edgewater Square, a mixed-use project on the Hudson River waterfront here, approximately equidistant between the Lincoln Tunnel and the George Washington Bridge. Developer National Resources’ plans call for 480 high-end residences, a 61,000-sf retail component, a new municipal building for this Bergen County community and a 1,900-foot riverwalk.

The Greenwich, CT-based National Resources, founded in 1996 as the first institutionally funded brownfields redeveloper, has hired Levin Management to lease up the retail space. The site plan calls for a half-dozen retail building situated between the residential buildings and the borough hall, according to National Resources’ principal Lynne Ward.

“The location for this mixed-use community features strong demographics, excellent visibility and access,” says Matthew Harding, president and COO of the North Plainfield, NJ-based Levin Management. “We are looking for select, high-profile retail tenants. The combination of retailers and high-end residence should make it a major draw in the region.”

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

© 2023 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 Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

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 © 2023 ALM Global, LLC. All Rights Reserved.