6-9-17

- DC

N Unique design includes plans for a daycare center at 360 New York Ave. Martin Architectural Group completes design of CitiBay mixed-use project in Newark

ISSUE HIGHLIGHTS Volume 29 Issue 11 June 9 - 22, 2017

Creative Financing Spotlight

CitiBay hired Martin Ar- chitecture Group to work on this project after the suc- cess of their collaboration on Station Commons, the first transit-oriented lux- ury apartment building in Elizabeth, NJ, that opened in 2015. The new seven- story building located at 727 Pennsylvania Avenue is near the North Elizabeth train station, minutes away from US Highway 22, major New Jersey Transit bus lines and the Newark Airport. “We chose Martin Archi- tectural for the Station Com- mons and New York Avenue projects because of the firm’s rich experience in urban planning and expertise in res- idential development,” said Albino Cerqueira , principal of CitiBay. “They are ahead of the curve on trends like transit oriented designs, cre- ating residential centers that offer ample connectivity for commuters, pedestrians and bicycle riders. They were able to create an unrivaled sense of community in the middle of a transportation hub with a walkable design.” n to the Redskins Stadium and Fed-Ex Field. As a union employer Wright’s was a member of the IronWork- ers Local #5 Union, repre- senting the Washington, D.C. Metropolitan area and more than 1,000 Iron Workers in the Mid-Atlantic Region. Matthew Hurley of Hur- ley Auctions headquartered in Greencastle, PA was asked to undertake this large scale auction with 190,000 s/f com- mercial warehouse and offices on 54+- industrial acres with railway access to the Bucking- ham Branch Railway as well as the remaining contents of the facility including trucks, lifts, industrial machinery and more! The real estate will be auctioned live to the public on June 16. n See page 13C for more in- formation.

EWARK, NJ — Mar- tin Architectural Group has completed the design process on a new five-story mixed-use 95,866 s/f building, owned by Ci- tiBay , located at 360 New York Avenue in Newark. The unique design includes plans for a day care center, with a drive-through drop off, on the bottom two floors with the top three floors offering residential living with new sustainable design materi- als. The superstructure for the project is currently being raised out of the ground as the project enters its con- struction phase. “We are extremely proud of our work on this new building,” said James Rivi- ello , president andmanaging partner, Martin Architec- tural Group. “Being able to create a cooperative design that positions the building to act as a community center for this area in Newark is a fantastic opportunity for us.” The existing half-acre of land where the new building will sit was formerly home

7-17A

Northern NJ Spotlight

3-13B

Central PA Spotlight

5-12C

360 New York Avenue

to a dilapidated warehouse. “Completing the design was challenging because we had to combine intrinsically different types of uses with unique requisites and make them work on a half-acre of land, in a residential district, without negatively impact- ing the community,” said Riviello. The new day care will allow easy access to childcare for residents, and the building’s location offers proximity to

public transportation for people commuting to New York City. The townhomes will vary in size from 1,200 square feet to 1,350 square- feet, providing one, two and three bedroom options for potential occupants. The building will offer amenities that include game rooms, a gym, lounge and off-street parking. The project is expected to be complete before the end of this year.

Upcoming Conferences June 21, 2017 4 th Annual New Jersey Commercial RE

Forecast Summit June 22, 2017

2 nd Annual Philadelphia Healthcare & Medical Properties Conference For speaking and sponsorship information, please contact: Lea at 781-740-2900 or lea.christman@marejournal.com

MatthewHurley of Hurley Auctions undertakes Former Wrights Iron & Steel Works auction

Orange, VA — Former Wright’s Iron & Steel Works Inc, situated in historic Orange, Vir- ginia near the homes of Thomas Jefferson, James Madison and James Monroe, and well known

Directory

DelMarVa.......................................................... 3-6A Financial Digest Featuring Creative Financing...7-15A New Jersey................................................. Section B Pennsylvania.............................................. Section C

Wrights at The Pentagon

drews Air Force Base, Quan- tico Marine Base, Walter Reed Army Hospital, Bethesda Naval Hospital, FBI Academy, Secret Service Building, Maryland Order of Police, Air Line Pilots Association, Goddard Space Flight Center, and even the CIA Headquarters and the Pentagon. More renowned projects include renovations

in the area for their long time work in structural steel, renova- tions, fabrication and welding for much of the DC, Maryland, VA areas will be going up for auction later this month. Recognized for their work with many government and military projects, Wright’s has established itself in noted places such as Ft. Meade, An-

www.marejournal.com Upcoming Spotlights Retail/Restaurants Contractors/Subcontractors Mid-Year Review

Made with FlippingBook - Online Brochure Maker