Mid Atlantic Real Estate Journal — The Best of 2012 — March 29 - April 11, 2013 — 25C
www.marejournal.com
The tOP reNOVatiON PrOJect of 2012
806 Properties llc/ Federal capital Partners the arch Luxury apartments — 125,000 sF —
Prism capital Partners the Parkway Lofts Bloomfield & east Orange, NJ — 14.5 acres —
azarian group Hyde Park Mall route 9, Hyde Park, Ny — 130,000 sF —
Originally built in the early 1970s, the Hyde Park Mall is adjacent to President Franklin Roosevelt’s Home and Museum in historic Hyde Park, NY. In fact, one of the Roosevelt brothers owned the Hyde Park Mall property at one time. This 130,000 s/f community shopping center was renovated extensively including new pylon sign, new pav- ing, curbing, landscaping, parking lot redesign, sidewalks, roof, façade, etc. Stop and Shop built a new space for their store of about 55,000 s/f. This brand new, state of the art Stop and Shop has a wireless café, various gourmet depart- ments and includes state of the art energy saving systems. Other tenants include Dollar Tree, Radio Shack, and 5 other tenants. Prime space is available for immediate occupancy. Spaces range from 2,000 s/f – 20,000 s/f.
Built in 1914 and named for Revolutionary War financier Robert Morris, this 14-story renovation project required working with state and national agencies to preserve and re- store historic details like the white terracotta façade, domed ceiling lobby, marble staircases and terrazzo floors. The original mail chute and replicas of the original entry doors were incorporated into the finished product. Renamed The Arch, the building has 111 luxury apartments and penthous- es with smart wiring, in-unit washers and dryers, walk-in closets, individual climate control, and European-style kitchens. There is a resident’s lounge, a state-of-the-art fit- ness center and a media room with stadium seating.
The redevelopment project involves a benchmark in- dustrial-to-residential adaptive reuse of the 115-year- old former General Electric Company property that signals Garden State Parkway Exit 148 for millions of New Jersey travelers each year. Parkway Lofts is on track to welcome its first renters in Fall 2013. The General Electric Company in 1897 built the landmark, six-story warehouse that Prism is redeveloping into 365 loft-style apartments catering to the region’s un- derserved middle-market renters.
New Hyde Park Mall Now Open!
Route 9, Hyde Park, New York
Major Tenants: Stop & Shop, Dollar Tree, Hudson Valley Credit Union, Radio Shack
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· Join BRAND NEW Stop & Shop and Stop & Shop Fueling Facility!
· Lease just signed with
· Immediately adjacent to the world famous Culinary Institute of America and the Franklin Delano Roosevelt Presidential Museum and Library. · Convenient to Marist College and Vassar College · 15.05 acres; 130,000 square foot shopping center; 435 parking spaces · Prime retail inline and additional Junior Anchor space available ranging from 2,000-26,000 square feet (will subdivide)
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BEST of 2012
The
R EAL E STATE J OURNAL ’s
Winner of Best of 2012 Developers Top Renovation Projects
The Mid Atlantic Real Estate Journal would like to congratulate all Award winning Projects To feature your Project Contact Elaine Fanning 800.584.1062 ext. 212 efanning@marejournal.com The BEST of 2012 i
Prime Space For Lease, Contact Us To Make a Deal!
Aggressive Leasing Program Underway
The Azarian Group, L.L.C. The Azarian Building 6 Prospect Street, Suite 1B, Midland Park, NJ 07432 www.azariangroup.com Phone: 201-444-7111 | Fax: 201-444-6655 | Email: kpelio@azariangroup.com
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