O WNERS , D EVELOPERS & M ANAGERS
Real Estate Journal — Section B
www.marejournal.com
1 -( % 80%28-'
Barton Partners Inc. of Norristown, PA selected as architect Apartment Investment & Management Co. awards Skanska USA $15.2 million contract P HILADELPHIA, PA — Skanska USA won a $15.2 million contract
BURLINGTON, NJ — Dr. James Fazzone, Mayor of The City of Burlington, and members of the City of Burlington Common Coun- cil, joined representatives from Ingerman on May 27 to break ground on Apart- ments at the Mill. Th e g r o un d b r e a k i n g marks the start of construc- tion on a project that will play an integral role in the transformation of an under- used industrial site into a vibrant new neighborhood. Featuring 65 one-, two- and three-bedroom apart- ments on 2.4-acres, Apart- ments at the Mill will em- brace the history of the site by rehabilitating an existing mill structure into a community center with 11 residential units above, in- corporating a full-time leas- LQJRIÀFHFRPPXQLW\URRP and meeting space. Five new residential buildings will be added to the site, with each surrounded by ample green space. Ingerman, a developer, manager and builder of multi-family apartment communities, is developing ÀWQHVVFHQWHUDQGURRIWRSSRRO “The residential sector con- tinues to grow throughout Philadelphia, and Skanska has embraced the market’s current uptick,” said Ed Sz- warc , executive vice president of Skanska USA’s Greater Philadelphia office. “We are well-positioned to take onmore residential projects like the Sterling Apartment Complex and provide residents with the most comfortable and up- to-date living spaces possible.” The project is currently un- derway and is scheduled for completion in January 2015. The architect is Barton Part- ners Inc. of Norristown, PA. Skanska’s Greater Phila- GHOSKLD RIÀFH FRPSOHWHGPXO -
tiple residential projects for KLJKSURÀOHLQVWLWXWLRQVLQWKH region. The company is respon- sible for the construction of the University of Delaware’s (UD) new East Campus Residence Hall Complex, as well as the renovation of UD’s Harrington Residence Hall. Skanska has also completed renovations of educational spaces at Temple University and the University of Pennsylvania. Skanska is currently con- structing the Nicholas and Athena Karabots Pavilion at The Franklin Institute. The company is also expanding the Nemours/Alfred I. duPont Hospital for Children and Wilmington Hospital, both in Wilmington, DE.
from Apartment Investment andManagement Company to complete the second phase of renovations at the Sterling Apartment Complex in Phila- delphia. In this phase of the renova- tion, Skanska will upgrade VHYHUDOÁRRUVRIWKHKLJKULVH apartment building to mod- ernize kitchens, bathrooms, ÁRRULQJDQGHOHFWULFDOV\VWHPV Skanska is also renovating the building’s lobby, retail areas,
JUNE 27 - JULY 10, 2014
Sterling Apartment Complex
,/ͳ>/',d^
65-units will play integral role in the transformation of industrial site City of Burlington Mayor joins Ingerman to break ground on Apartments at the Mill
FEATURING CONTRACTORS/ SUBCONTRACTORS
ϯϰͳhE/dKEKD/EhD /E' s >KW z W Z^ h^Z >dz 7-16B
Apartments at the Mill rendering
5B
breathing new life into this stretch of Burlington City.” Located at 505 Mitchell Ave., Apartments at the Mill will be situated within walk- ing distance to a number of shops and restaurants along Broad St., and will provide convenient access to a NJ Transit bus stop. “At Ingerman, we pride ourselves on developing housing communities that enhance the surrounding region and positively con- tribute to the quality of life of local residents,” said Brad Ingerman , presi- dent and CEO of Ingerman. “Apartments at the Mill is the latest example of that commitment.”
D<ͳ>/͛^WZ^/WWEz WZKW Zdz,/ s ^> 'K> Zd/&/d/KE
17B
Apartment at the Mill groundbreaking
www.marejournal.com >^K/E^/ NJAA ...............................24B 'ÙÄ箽®Ä¦Ý .......17-21B USGBC NJ........................21B IREM ..........................22-23B
Apartments at the Mill to meet the strong demand for newly constructed afford- able apartments in Burling- ton County. “On behalf of The City of Burlington, I’d like to wel- come Ingerman as the com-
pany begins to transform a vacant, underused site into a dynamic new community of high-quality residences,” Fazzone said. “Apartments DW WKH 0LOO ZLOO EHQHÀW DOO of our city’s residents by creating new ratables and
Made with FlippingBook - professional solution for displaying marketing and sales documents online