Levi Kelman |
The ground-up, five-story residential building (78 units) will transform two lots and create a new campus – that includes the adjacent “18 Summit” – designed to enhance and support the local community.
The construction at 14 Summit St. is expected to
be completed by spring 2023.
'14 Summit' Street apartments, East Orange, NJ |
The project, located between N. Arlington Ave.
and N. Walnut St., totals 77,913 square feet, and will include eight studio
apartments, 51 one-bedroom units and 19 two-bedroom units.
It
features unique amenities, including a coworking space, state-of-the-art
fitness center, pet washing station, community lounge, two rooftop terraces and
bike storage rooms. Inglese Architecture and Engineering has designed “14
Summit” to blend with the surrounding brick buildings.
“Our existing, neighboring project, ‘18 Summit’,
offers quality, efficient and affordable units to an underserved population.
East Orange, NJ Mayor Ted R. Green |
‘14 Summit’ builds off this communal success by
catering to a broader consumer base in this very commuter-friendly and walkable
area through a thoughtfully curated mix of diverse apartment types,” said Levi
Kelman, CEO, Blue Onyx.
“This amenity-driven and inclusive project is
designed with the vision to build a more connected community, which is at the
heart of our mission.”
He added: “As always, we strive to carry out our
development projects in a way that strengthens community bonds across New
Jersey’s neighborhoods.”
Adam Schlitt |
Located in the City of East Orange – nicknamed
“The Crossroads of New Jersey” – the two-building, 2-acre complex offers easy
access to the Garden State Parkway and Interstate 280 in the central section of
Essex County.
The transit-oriented site is located
approximately a half-mile from Main Street, a major commercial corridor of the
city, and the East Orange train station.
Blue Onyx’s “14 Summit” builds off the success
of the company’s other East Orange asset, the adjacent 18 Summit.
Blue Onyx purchased the pre-war vacant and distressed
property in 2014 and oversaw a full redevelopment process.
18 Summit Street Apartments, East Orange, NJ |
The building was completely gut-renovated and
restored, with a modern interior. The company also rehabilitated 18 Summit’s
unique, historic façade, which had been damaged.
The building, which opened in 2017 offering 75
units, is fully leased and serves as an anchor for the community.
“Blue Onyx’s initial ‘18 Summit’ project was a
continuation of the standard of excellence that we set for all new construction
in the City of East Orange," said Mayor Ted R. Green. "Their restorative approach maintained
the character of the community while giving it a fresh, new look.”
“Their new property at 14 Summit is a great
complement to the existing building – a sophisticated, modern housing option
for both millennials and baby boomers alike. We are excited about this ongoing
partnership and thank Blue Onyx for investing in our city.”
Blue
Onyx has properties and holdings throughout New Jersey and in parts of New
York. Since 2009, the company has focused on niche markets with untapped value
and potential.
“Together,
our two impressive properties in East Orange will cement the transformation
we’ve pioneered in this area, with working families and commuters benefiting
greatly from these new living options,” added Adam Schlitt, manager of
development, Blue Onyx.
The project received approval from the East
Orange Planning Board in January 2021. March Associates has been selected as
the construction manager with work anticipated to begin in summer of 2021 and
targeting completion by early-2023.
CONTACT:
Dan Gunderman |
|
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