M id A tlantic Real Estate Journal — Owners, Developers & Managers — August 20 - September 16, 2021 — 15C


O wners , D evelopers & M anagers H Event Marks Completion of renovation/rebranding Mission 50 in Hoboken Hosts Ribbon Cutting Ceremony OBOKEN, NJ — Mission 50 hosted a ribbon cutting cere-

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mony to mark the official open - ing of the newly renovated and rebranded boutique office building and coworking com- munity. Local officials and oth - er key stakeholders affiliated with the project attended the June 24, 2021, event, which included a tour of the property and comments by Hoboken Mayor Ravi S. Bhalla and Greg Dell’Aquila , CEO of JDA Group LLC (JDA) , which owns and manages the property. Mission 50 members and guests enjoyed a reception and happy hour in The Yard, a 1,000 s/f outdoor amenity, that featured beverages pro- vided by Hoboken Brewing Company. Located at 50 Harrison St., Mission 50 – the former Hobo- ken Business Center (HBC) – is one of Southwest Hoboken’s landmark office properties. JDA developed HBC in 2003 as an office destination for small- to mid-sized firms, and in 2011 it became home to the “original” Mission 50, a 3,000 s/f penthouse coworking space for entrepreneurs, small busi- nesses and freelancers. In ear- ly 2020, Dell’Aquila launched a year-long initiative that has

~ Developments ~ ~ Construction ~ ~ Renovations ~ in the Mid Atlantic Real Estate Journal

Local officials, key stakeholders, and staff attending the Mission 50 ribbon cutting ceremony in Hoboken included Mayor Ravi S. Bhalla (sixth from left) and Greg Dell’Aquila, CEO of JDAGroup LLC (eighth from left). Photo Credit: Marie Papp Photography.

office concepts. A wide range of amenities and a menu of membership options cater to entrepreneurs of all stripes, ranging from solo workers and growing startups to seasoned businesses and traditional enterprises. “Every time the city made an investment, we made an investment into the future of Southwest Hoboken,” said Dell’Aquila. “We’ve done up - grades to the exterior and throughout the whole build- ing, including a complete renovation of the second floor.” Dell’Aquila believes that, as people slowly return to the workplace, community strength is essential to help- ing them reconnect, build new networks and support each other. MAREJ

transformed the 80,000 s/f building into a unified com - munity under the Mission 50 brand umbrella. “What you see here today is a testament to Greg, his fam- ily and their dedication to the City of Hoboken,” said Mayor Bhalla. “Greg is not just a business owner but a resident. He has a vision for Hoboken and he’s willing to put his money where his mouth is and put real dollars, real invest- ments, into this community.” Mission 50 reimagined space responds to evolving work- place needs and fosters col- laboration, creativity and pro- ductivity. Multiple workspace environments include shared coworking spaces, privacy pods, private office suites and traditional, fully customizable

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