(Read more on the multifamily market.)
EAST ORANGE, NJ-A partnership called Evergreen-HalsteadAssociates is looking at an early 2008 construction start for a$129.4-million mixed-use redevelopment project. Evergreen Placewill rise on a derelict 2.1-acre site bordered by I-280, EvergreenPlace, Halsted Street and Freeway Drive East. The site is also ablock from NJ Transit's Brick Church rail station.
"Evergreen will help revitalize East Orange by creating alive-work destination in a central site," says Josh Porter,managing director in BTR Capital's Iselin office. "It's only 30minutes by express train to Manhattan."
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