M id A tlantic Real Estate Journal — Owners, Developers & Managers — October 21 - November 17, 2022 — 9C


O wners , D evelopers & M anagers

Vermella East Brunswick at the heart of newly revealed Rte. 18 redevelopment plan Demolition has begun on several vacant retail structures in East Brunswick at Rte. 18 South

E AST BRUNSWICK, NJ — Demolition has begun on several va- cant retail structures in East Brunswick at Rte. 18 South, North of Lake Ave. and to the East of Renee Rd. The struc- tures will be replaced by an innovative new mixed-use resi- dential redevelopment plan from Russo Development and River Development Eq- uities . On Tuesday, October 4th, East Brunswick officials and the developers presented plans to commence demolition and site improvements, with a formal groundbreaking in the future. “Our collaboration with East Brunswick will result in an ex - citing new mixed-use destina- tion that will add new luxury apartments and lifestyle retail along the Rte. 18 corridor,” said Ed Russo , CEO of Russo Development. DMR Architects was re- tained by the East Brunswick Redevelopment Agency in 2018 to create a plan to address high vacancy rates by stimulating redevelopment along Rte. 18. They have released the fol- lowing statement: “This event represents a milestone in East Brunswick’s transformation of the Route 18 Corridor into a vibrant mixed use town center that captures the retail opportunities for both local residents and commuters that travel through here everyday,” said Fran Reiner, PP, LLA , director of planning & redevel- opment and partner at DMR Architects. MAREJ Michael Graves Architecture & Design acquires JCAG PRINCETON, NJ — Mi- chael Graves Architecture (MG) announced the acquisi- tion of Jose Carballo Archi- tectural Group (JCAG) , an architecture firm. Following the acquisition of Waldon Studio Architects earlier this year, this new acquisition is a key part of a long-term strategic growth plan for MG. The acquisition of JCAG will add the distinct strengths of the firm to this already robust foundation and continue to cultivate shared knowledge across design sectors, further revitalizing the late Michael Graves’ enduring legacy of cre- ativity and innovation. MAREJ

Shown from left: East Brunswick Council president, James Wendell, East Brunswick Mayor, Brad Cohen, River Development Equi- ties owner, Warren Waters, and Michael Hughes, East Brunswick Redevelopment Agency.

East Brunswick re-development renderings. Photo Credit: Russo Development

“It is rewarding to see the vision that we helped the

Township create move closer to becoming East Brunswick’s first walkable town center.”

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