4A — October 16 - 29, 2015 — M id A tlantic
Real Estate Journal
www.marejournal.com
INVESTMENT DEVELOPMENT MANAGEMENT
M id A tlantic R eal E state J ournal $200 million development of Lighthouse Point Hollister named construction manager by Triangle Equities N EW YORK, NY — Hollister Construc- tion Services was
engaged by Triangle Equities , a New York-based developer, to build Lighthouse Point, a his- toric mixed-use, transit-orient- ed development project located on Staten Island’s St. George Waterfront. The company is preparing to break ground on the project later this year. Lighthouse Point will create a gateway to and from Staten Island: a transit-oriented, resi- dential, retail and hospitality destination making direct con- nections to the Staten Island Ferry parking and pedestrian systems. The $200 million, public-private project includes restoration and stimulation of the currently vacant U.S. Lighthouse Depot Complex, a federally registered National Historic Site. BrendanMurray , vice pres- ident, with Hollister Construc- tion Services will personally serve as the executive for Hol- lister, with Vincent Solano , vice president, leading precon- struction efforts. The architects for the mixed-use project are Cooper Carry in conjunction
CenterPoint Properties is focused on the investment, development and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency.
Lighthouse Point rendering
housing units, will be built di- rectly above the retail building. In addition, a 300-car parking garage will be built into the hill- side, providing ample parking to residents and visitors. Phase II of the project will happen along the waterfront esplanade – the four historic buildings of the U.S. Light- house Depot Complex will be rehabilitated. The repurposed buildings will house more than 23,000 s/f of restaurant, office and hospitality space, and link to a new 145,000 s/f, 180-room hotel tower with up to 15,000 s/f of event space. n
with Garrison Architects . “We have seen first-hand the positive impact that develop- ments like Lighthouse Point can have on communities,” said Chris Johnson , CEO & founder of Hollister. “We are very excited about the changes this project will bring to the dis- trict of St. George, and Staten Island as a whole.” Anchoring the development will be 65,000 s/f of retail and office space on the corner of Bay St. and Borough Place. A residential tower with approxi- mately 116 rental apartments, 20% of which will be affordable
Commercial Real Estate
Online Only Auction Bid Oct. 29 - Nov. 12
BANK OWNED ABSOLUTE AUCTION 4,830± SF Mixed-Use Commercial Building
• (2) 1 st Floor Commerical Units (600 ± SF each) • (6) Walkup Apartments - (3) Currently Rented • Lot Size: 77’ x 195’ ± (0.26 ± Acres) • Appraised for $145,000 (2015) - Bid Your Price! • Parking Lot, New Roof 2015 • New Hot Water Heater • Separately Metered Electrical Service
W i t h o u t a d v e r t i s i n g a t e r r i b l e t h i n g h a p p e n s .
Nothing.
4 Commercial Buildings (Office, Machine, Fabrication, Warehouse) Seller Ordered 21 West Main Street, Penns Grove, NJ
Formerly Millville Iron Works
AdvERtiSE todAy! CAll 781-871-5298
• Heavy Power (Serviced by ACE & SJ Gas) • Lot Size: 2.25 ± Acres • Zoning: I-1 – Industrial District Zoning • Multi Drive-In Doors for Loading • Close to Route 47, 49 & 55
the source for commercial real estate news in the Mid Atlantic Area area. R eal e state J ouRnal
117 S. Sixth Street, Millville, NJ
Mid Atlantic Real Estate Journal Barbara Holyoke, Publisher bholyoke@marejournal.com www.marejournal.com
856-769-4111 WarnerRealtors.com ONLINE ONLY AUCTION AT WARNERREALTORS.COM On-Site Property Inspections: Monday, Nov. 9, 12:00 – 2:00 pm
— Call or fax today for a FREE SAMPlE CoPy! —
Made with FlippingBook HTML5