12B — September 14 - 27, 2018— Northern New Jersey — M id A tlantic

Real Estate Journal


N orthern N ew J ersey

Celebratory opening of Jersey City’s newest luxury apartment building The Hampshire Cos. and Claremont Cos. celebrates milestone in ribbon Cutting for RIVET


of a mixed-use master plan to transform Jersey City’s emerging west end neighbor- hood into University Place. Developed in conjunction with New Jersey City University and Jersey City, University Place is a master redevelop- ment plan which will help cre- ate Jersey City’s next vibrant and walkable neighborhood through the construction of eight buildings, 1,000 new luxury residential units and access to more than 120,000 s/f of retail, a performing arts center, cafes, theaters, and lush green space.

“The University Place proj- ect marks the next chapter in Jersey City’s remarkable story and we are honored to be a part of that story with the opening of RIVET,” said James E. Hanson II , president and CEO of The Hampshire Companies. “This project serves as an important milestone in the transforma- tion of the City’s west end. We would like to thank president Henderson and Mayor Fulop for their vision, support and assistance in bringing this redevelopment plan to life and we are looking forward to continuing to work together to create a vibrant neighborhood within this great City.” Henderson said, “Today, we cut the ribbon for RIVET, the first apartment building to open at University Place, and celebrate the progress that is being made in this bold redevelopment project. The public-private partnership that drives this project is a game-changer. It is transfor- mative for both NJCU and our local community. University Place is a prime example of a win-win solution made pos- sible through collaborative ef- forts involving the New Jersey Legislature, local government, the University, and the busi- ness community.” Developed by The Hamp- shire Companies and Clare- mont Companies, tenants at RIVET can experience the best in urban living and all that Jersey City has to offer start- ing at $1,590 a month. Units range from 550 s/f to 1,300 s/f offering 27 studio apartments, 112 one-bedroom, and 24 two- bedroom units. RIVET features technology enhanced amenities and pre- mier accessibility to shopping, dining and entertainment making it a distinctive destina- tion in one of Hudson County’s hottest emerging neighbor- hoods. Technology enhanced amenities and social spaces include a cyber café with WiFi access, Butterfly MX virtual entry and package delivery system, an activated 15,000 s/f courtyard with a sundeck, lounge seating, gaming areas, grilling stations, and movie screenings, an indoor lounge with courtyard connectivity, a dedicated pet washing space, and a light-filled fitness center with Fitness On Demand and yoga studio. 

ERSEY CITY, NJ — Ex- ecutives from The Hamp- shire Companies and Claremont Companies were joined by New Jersey City University president Sue Hen- derson and Jersey City Mayor Steven Fulop to celebrate the ribbon cutting for RIVET, Jersey City’s newest luxury apartment development, at 23 University Blvd. in the city’s west end neighborhood. Featuring 163 modern resi- dential units and 10,000 s/f of service-oriented ground level retail, RIVET is a key component in the first phase

Executives from The Hampshire Companies and Claremont Compa- nies were joined by New Jersey City University president Sue Hen- derson and Jersey City Mayor Steven Fulop to celebrate the ribbon cutting for RIVET.


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