O wners , D evelopers & M anagers
M id A tlantic Real Estate Journal — Section C
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The Rail at Bound Brook features a design from architects Minno & Wasko Denholtz & Redwood RE Group joint venture to construct 143-unit class-a multifamily community
HI-LIGHTS Dec. 23,2022 - Jan. 19, 2023 Properties , a real estate development and investment company, and Redwood Real Estate Group , a fourth- generation privately held real estate investment com- pany, announce their plans for The Rail at Bound Brook, a 143-unit class-A multifam- ily community located at 100 Hamilton St. in Bound Brook. Construction is slated to begin by the end of 2022 with an estimated completion in Q2 B OUND BROOK, NJ — A Joint Venture between Denholtz
historic borough in Somerset County, recently selected as the Best County to Live in NJ by Niche, The Rail at Bound Brook will offer residents an opportunity to live in one of New Jersey’s hottest up-and- coming communities. The community is just feet away from the Bound Brook Train Station and is easily accessi- ble to the wide range of dining and shopping options found across Somerset County. Bound Brook’s emergence comes on the heels of the completion of The Army Corp of Engineers’ $143 million flood control project in 2016. Through the work, the bor- ough has been able to effec- tively eliminate the flooding that had long caused it to consistently lag behind its nearby peers in real estate in- vestment and redevelopment. Since the completion of the flood mitigation efforts, the borough and the State of New
Jersey have taken significant additional steps to attract real estate investment including designating Bound Brook as a Transit Village and distribut- ing $2.2M for the creation of a one-block pedestrian plaza ad- jacent to the planned entrance of The Rail at Bound Brook. “Recognizing and efficiently capitalizing on opportunities in the real estate market un- derpins everything that we do at Denholtz Properties,” said Steven Denholtz , CEO of Denholtz Properties. “With highly favorable local demo- graphics, a strategic location and tremendous untapped redevelopment opportunities, Bound Brook is the perfect next location for us to execute our opportunistic investment strategy. We look forward to bringing The Rail at Bound Brook to life and helping the Borough to become a destina- tion for residents and visitors alike.” MAREJ This development will set the tone for future transformation along the 2nd St. corridor.” City Fitness first opened its doors at the corner of 2nd and Spring Garden in 2007. Now, 200 Spring Garden will be the home for City Fitness’ newest flagship location. This future state-of-the-art facility will feature a luxe two-story fitness center surrounded by stunning floor-ceiling windows, outdoor amenity deck, a 75-foot lap pool and expansive views of the Center City skyline. “200 Spring Garden will provide a new future for the corner of Spring Garden and 2nd St.,” said Kristine Ken- nedy , executive director at Northern Liberties Busi- ness Improvement District . “By creating a destination between Old City and North- ern Liberties, the residential community will expand on the momentum of this area and start a new chapter filled with economic opportunity and community growth.” MAREJ
The Rail at Bound Brook
of 2024. The Rail at Bound Brook will be the latest addition to Denholtz Properties’ growing portfolio of premier luxury multifamily communities. Fea- turing a design from award- winning architects Minno & Wasko , The Rail at Bound Brook will include a diverse mix of studios, one-bedrooms, one-bedrooms plus dens, and two-bedrooms, designed for PHILADELPHIA, PA — Thursday, November 3, marked the official groundbreaking for 200 Spring Garden, a new multi-use residential tower designed to create a gateway to an emerging multi-phase district connecting Philadel- phia’s Northern Liberties and Old City neighborhoods. Upon completion, the project –which is a joint venture between Na- tional Real Estate Advisors, LLC (National), on behalf of clients, National Real Estate Development, LLC (National Development), and Kushner Real Estate Group (KRE) – will combine highly desirable apartment living, and a state-of-the-art new location for City Fitness Northern Liberties. Designed by Handel Archi- tects as a modern interpreta- tion of the warehouse-style buildings native to Northern Liberties, the robust structure of articulated charcoal grey brick will anchor and define the intersection of Spring Garden
post-COVID-19 living with ex- tra-work-from-home space and outdoor balconies and terraces in select units. In addition, the six-story building will boast a generous amenities package including an expansive court- yard with outdoor grills and seating, an indoor fitness and yoga studio, a game room and bike storage. Located in the heart of downtown Bound Brook, a
Coldwell Banker Realty celebrates grand opening
National and KRE celebrate groundbreaking of 200 Spring Garden in Philadelphia, Pennsylvania
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Montroy DeMarco Architecture completes 18,000 s/f office expansion for
Joint venture partners National Real Estate Advisors, LLC, National Real Estate Development, LLC, and Kushner Real Estate Group break ground on 200 Spring Garden, a 13-story multi-use residential tower designed to create a gateway between Philadelphia’s Old City and Northern Liberties neighborhoods.
Philadelphia, to inject new vi- tality into the area’s street life. “The groundbreaking of 200 Spring Garden will serve as a milestone in the development along 2nd St. within the city of Philadelphia,” said Dan- iel Killinger , president of National Development. “200 Spring Garden is the first step in creating a new neighbor- hood that will bring together the history of Old City and the vibrancy of Northern Liberties.
and North 2nd St. Featuring a dramatic radiused corner, 200 Spring Garden will boast a modern 13-story, L-shaped residential tower with 360 apartment units, offering ex- tensive amenities, 10,000 s/f of outdoor public green space, and more. The building will also include 5,400 s/f of corner marquee retail, and a pedestri- an-friendly, landscaped public plaza complete with original artwork curated by Mural Arts
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