6-26-20

O wners , D evelopers & M anagers

M id A tlantic Real Estate Journal — Section B

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ILLSBOROUGH, NJ — Larken As- sociates has broken Hillsborough Village Center to include 191 units and 28,000 s/f of retail space Larken Associates breaks ground on mixed-use development in Hillsborough, NJ H

to enjoy. The stand-alone com- munity center will also boast an outdoor heated pool and spa. Other community amenities will include a fully equipped gym and fitness center, play - ground, a dog park and pet salon, as well as a secure mail- room with a package concierge system. In addition to becoming a significant part of the Hillsbor - ough community, the project is the latest property to join the firm’s rapidly growing Larken Living portfolio. Comprised of 22 unique communities made up of 2,000 owned and/or man- aged residential units across the northeast, the Larken Living portfolio defines excel - lence in residential real estate development andmanagement. Throughout the Larken Living portfolio, Larken As- sociates leverages their time- tested residential develop- ment experience and hands-on management style to create top-of-the-line residential com- munities in a wide variety of markets. MAREJ

HI-LIGHTS June 26 - July 16, 2020 ground on Hillsborough Village Center, a mixed-use project comprised of 191 luxury market rate and affordable apartments with 28,000 s/f of ground-level retail space, located at 650 US Hwy. 206 in Hillsborough. Slated for occupancy in mid- 2021, the project will create an in-demand community retail and residential hub in the heart of Hillsborough’s busi- ness district. Located directly off Hillsbor- SPOTLIGHT ASK THE EXPERTS 6-11B SKAPC completes +50 vertical expansions to existing buildings

Hillsborough Village Center and retail options in the town’s evolving business corridor, while creating a modern resi- dential experience for those wishing to find a home in one of a New Jersey’s most sought- after communities,” said Da- vid Gardner , president and CEO, Larken Associates. Hillsborough Village Center’s one, two and three-bedroom elevator and duplex garage apartments boast open-concept

ough’s vibrant Rte. 206 retail corridor, the Hillsborough Village Center will feature nine multifamily buildings comprised of one, two and three-bedroom units as well as three mixed-use buildings with 28,000 s/f of ground level retail and elevatored apart- ments above. “We are excited to bring this project to Hillsborough as it will create high-quality dining

floorplans, in-unit laundry and a variety of floorplans and modern fixtures for tenants to select. For added convenience, the nine residential buildings in the complex will feature private garages for each tenant and on-site storage. Additional amenities at the luxury mixed-use community include a clubhouse featur- ing a business center, game room and theater for tenants

Hill Management Services begins construction on 66,600 s/f warehouse/industrial building

“We believe warehouse and industrial product will re- main the most resilient real estate category going forward, and our decision to specula- tively build Dover Commons is based on our confidence in quickly leasing this project to capacity,” said Danielle Beyrodt , vice president and chief operating officer of Hill Management Services. “Based on the building’s close prox- imity to BWI Airport, we are particularly confident in the interest of companies engaged with last-mile delivery ser- vices which continues to ex- perience accelerated growth. The flexible bay sizes are also perfectly suited to companies with light-manufacturing requirements, as well as pro- fessional services requiring a space that can support small offices combined with ware - house capabilities.” MAREJ

BALTIMORE, MD — Hill Management Services, Inc. has broken ground on Dover Commons, a 66,600 s/f ware- house/industrial building situ- ated in the Glen Burnie section of Anne Arundel County. Con- tained within the Bay Meadow Industrial Park on 6730 Do- ver Rd. near the Baltimore- Washington Int'l. Airport, the speculative building is expected to deliver this fall. Constructed with a decora- tive masonry block exterior, Dover Commons will feature 23 foot high ceiling heights, dock and drive-in capabilities with bay sizes starting at 3,600 s/f of space. The building, contained within a 6.5 acre site, is also equipped with an Early Sup- pression Fast Response System (ESFR). The building is immediately adjacent to MD Rte. 10 (Arun- del Expressway), within close

Dover Commons

2B

proximity to the interchange at MD Rte. 710 and features easy access to I-695 and Ritchie Highway. The Baltimore-Wash- ington International Airport is approximately 10 miles away and the Port of Baltimore is 15 miles from the site.

A diverse array of business and consumer amenities are located within close distance to Dover Commons including big-box retailers, major super- market chains, and a variety of fast-casual and sit-down restaurants.

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