24A — July 11 - 24, 2014 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal
Developed by EEA Industries and SWHResidential Partners River Drive announces the topping out of The Gateway
Sam Morreale, founder, accepts award Vision Real Estate wins NAIOP NJ Impact Award
tions. “Our recipients’ vision, in- credible success and generos- ity – both professionally and personally – truly set them apart,” said Michael Mc- Guinness , NAIOP NJ’s CEO. “Their long-standing relation- ships with some of our state’s most prominent tenants and industry leaders are the great- est testament to their accom- plishments.” VREP has distinguished itself by embracing the win- win nature of public/private partnerships that combine shared vision, expertise and teamwork excellence. The company’s 67 Whippany Road campus is a shining example. Vision Equities and Ruben- stein Partners purchased the 194-acre property in 2010, and subsequently master- planned one of the largest- scale, mixed-use redevelop- ment sites in Northern New Jersey. n customers returning and hope many new customers will pay us a visit.” “We have found that one-on- one meetings with businesses are the most effective way to move applications forward,” Brown said. “Our key objective is to finalize all eligible applica- tions as efficiently as possible.” Since early May, EDA has hosted eleven workshops in some of the hardest hit com- munities. Through these work- shops, one-on-one assistance has been provided to over 85 businesses. The EDA also hosted a “Doc- umentation Day” on July 9th at Staples in Brick, during which business owners that have started applications for Stronger NJ Business Grants and Loans were offered cop- ies of required documentation made free of charge, by EDA staff, courtesy of Staples. The Stronger NJ programs are funded through New Jer- sey’s Community Develop- ment Block Grant Disaster Recovery (CDBG-DR) alloca- tion from the United States Department of Housing and UrbanDevelopment (HUD) . Similar to other Sandy relief programs, there are strict fed- eral eligibility requirements to which the EDA and applicants must comply. n
MOUNTAIN LAKES, NJ — Sam Morreale , found- er and managing partner
o f V i s i o n Real Estate P a r t n e r s ( V R E P ) , a c c e p t e d the NAIOP New Jersey 2014 Impact Aw a r d o n behalf of his firm at the
Sam Morreale
The Gateway
S OUTH ORANGE, NJ — River Drive Con- struction , a New Jer- sey construction company, an- nounced that it has topped out The Gateway, a community of apartments and high-end retail space situated next to the train station in the heart of South Orange’s Village Center. River Drive serves as con- struction manager for The Gateway, which is being devel- oped by a partnership of EEA Industries, LLC and SWH Residential Partners, LLC . Located at 9 W. South Orange Ave., the project is transform- ing a long vacant piece of land into a state-of-the-art, mixed- use development that will cater to individuals who seek convenient access to shopping, dining, arts, entertainment HASBROUCK HEIGHTS, NJ — DMR Architects an- nounced that onJune 5,NewJer- sey Future presented The City of Hackensack Rehabilitation Plan for the Main Street Area with a 2014 Smart Growth Award. The Smart Growth Award is an annual award judged by fellow architects, city planners and other peers that recognize smart planning and development in continued from page 2A its use as a meeting place, while the retail amenities limit the need to drive for essential items. Fifteen to twenty feet wide medians calm traffic while providing a safe haven for pedestrians and increasing the amount of green space. Vehicles were not ignored during the planning of Mel- ford Village and every effort was made to ensure parking would be sufficient for the community. Parallel parking is permitted on primary and secondary roads while most off-street parking is accessed
real estate trade organiza- tion’s annual gala in May. The honor recognizes distin- guished industry trendset- ters and companies that have significantly influenced New Jersey’s commercial and in- dustrial real estate develop- ment industry. NAIOP New Jersey Impact Award recipients are selected based on their service to the industry and community, professionalism and integrity, and overall industry contribu- OCEAN COUNTY, NJ — To showcase the rebuilding of small businesses impacted by Superstorm Sandy, the New Jersey Economic Develop- ment Authority’s (EDA) CEO Michele Brown deliv- ered Stronger NJ Business Grants to Tardi’s Ristorante Italiano and Pine Rest Motel, both in Toms River. Over $31.9 million in Stronger NJ Busi- ness Grants and Loans has been approved to support 270 businesses in Ocean County; more than 620 businesses statewide have been approved for over $67.8 million in as- sistance. “We continue to make sig- nificant progress as we work to ensure that our impacted businesses are able to take full advantage of the summer season,” said Brown. Gaurang Jariwala, owner of Pine Rest Motel and several other motels in Toms River and Seaside, has already ob- served an uptick in tourism activity. Anthony Tardi, owner of Tardi’s Ristorante Italiano agrees that the business cli- mate is improving. “With more year-round residents back in their homes andmore seasonal rentals and hotels ready for va- cationers, this will surely be a stronger summer than last. We are excited to see our regular
elements such as a virtual concierge, as well as approxi- mately 9,100 s/f of high-end retail space. Construction of The Gate- way will be complete this summer. Leasing is currently underway at the community, which will open in September. “Judging by the high num- ber of renters who’ve already expressed interest in leasing a resident at The Gateway, it’s clear that the community is going to play an important part in the revitalization of the immediate area by meeting the township’s ongoing need for luxury housing options near the train station,” said Edward Ayuso of EEA Indus- tries, LLC. “We look forward to cutting the ribbon in Septem- ber and seeing the community come to life.” n Martin mansion concept was a perfect candidate for use in Melford Village, boasting 32 units over individual garages on the ground floor. Mansion buildings provide much-de- sired private parking spaces, reducing the need for large areas of pavement and increas- ing resident appeal. Annaliese Cole joined the Martin Architectural Group in 2013 after gradu- ating from Drexel Univer- sity’s 6-year architecture program with a minor in Art History and a Bachelor of Architecture degree. n Working with its partners, DMR Architects, the law firm Archer &Greiner and the Upper Main Alliance Special Improve- mentDistrict, theCityofHacken- sack developed a Rehabilitation Plan for the Main Street Area that was adopted in June 2012. n Growth Award confirms DMR’s commitment to excellence and ourburgeoningsmart growthand development practice.”
and mass transit. “As we near completion of The Gateway, you can sense the excitement and anticipa- tion building throughout the Village of South Orange,” said Joseph Langan , president of River DriveConstruction. “The exceptional live-work-play en- vironment that The Gateway will provide is becoming more palpable each day. As we cel- ebrate the topping out of the building, I’d like to recognize my team at River Drive for their hard work and dedication to ensuring that the project is completed on time, despite the challenges that were posed by the tough winter season.” Designed by architectural firm Jarmel Kizel , The Gate- way will consist of 57 one- and two-bedroom luxury resi- dences featuring smart-living New Jersey. DMR Architects is being honored for helping the city design regulations and flex- ible zoning to foster a revitalized downtown. “It has been an honor to help the City of Hackensack realize their vision for a more walkable and sustainable downtown,” said Francis Reiner, PP, LLA , and senior urban designer at DMR Architects. “Today’s Smart via tertiary alleys. Whenever possible, structured parking was included to shield parked vehicles from the pedestrian eye. Townhomes, the only single-family building type offered at Melford Village, will include a garage space accessed via a rear alley. Podi- um-style flats hide parking in a basement or ground floor level and give residents convenient access to their vehicles. Wrap buildings completely enclose multi-level parking struc- tures inside residential units, significantly reducing parked cars in the public realm. The
New Jersey Economic Development Authority awards grants to Toms River businesses
DMR project awarded a 2014 Smart Growth Award
TheMartin Architectural Group designs main ...
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