The Station at Grant Avenue

738-758 South Second Street
Plainfield, NJ

  • Project Value

    $25 Million

  • Funding Partners

    JP Morgan Chase
    RBC (Royal Bank of Canada)
    Capital Partners
    NJ Housing & Mortgage Finance (HMFA)

  • General Contractor

    J.G. Petrucci Company, Inc.

  • Architect

    Think Wilder Architectural Services

  • Project Status

    Finance Closing

  • Delivery Date

    2019

  • Role

    Managing Partner/Co-Developer

Project Type

This development will feature a thoughtfully designed mixed-income residential project that will set the benchmark for excellence in urban design. The property will feature a 5-story building over surface level parking with 90 units of thoughtfully designed one and two bedroom apartments. The residential building will include a contemporary lobby, a resident fitness center, passive security controls, and on-site parking for residents.

The apartments will include hardwood floors, granite or stoned based countertops, and washer and dryer units in each apartment. The residential building design will also incorporate green spaces for residents.

The Station at Grant Avenue is a critical development for the West End Area of the city of Plainfield. The development is part of a mixed use project, which leverages the $5 million in NMTC invested in Phase I.

Outcomes

  • Planning Board Approvals within 4 months
  • PILOT Agreement with the City of Plainfield
  • Preliminary and final approvals to develop 90 units & 3-acre commercial warehouse
  • Largest transformative development in the Fourth Ward of the City of Plainfield in 40 years