Real Estate

Middlesex County Redevelopment: "Riverton" Comes to Sayreville

505791a18e8e5b23c083_Riverton_-_New_Jersey__preview.jpeg
Rendering of the Riverton Credits: North American Properties
2bbb4ecfe32a45312515_DavidWeinert_preview.jpeg
David Weinert, a leasing executive at North American Properties. Credits: North American Properties
505791a18e8e5b23c083_Riverton_-_New_Jersey__preview.jpeg

SAYREVILLE, NJ -North American Properties (NAP), a privately-held, multi-regional real estate operating and development company with properties across the United States, recently announced “Riverton,” a 418-acre, shovel-ready waterfront redevelopment on the Raritan River, in a joint venture with New Jersey-based PGIM Real Estate.

In what is considered the largest mixed-use project in New Jersey history, and one of the most comprehensive, aggressive plans in the United States, NAP is poised to deliver a $2.5 billion community that combines residential, retail, entertainment, marina, office and hotel in a carefully curated street level experience, highly-programmed gathering spaces and resort-inspired hospitality.

Passive recreation and open space will complement the built environment, along with an array of public and civic uses focused on more than a mile of riverfront located within twenty miles of Lower Manhattan.

Sign Up for E-News

About 600,000 vehicles traverse the Driscoll Bridge, at Exit 125 of the Garden State Parkway, each day, and considerably more in the summer months. The newly opened exit supplements exceptional access already afforded by interchanges on Route 9 and Route 35, rivaling virtually any site in the United States for unimpeded access to America’s most coveted marketplace, the New York metropolitan area.

This project will serve as a national example of next-generation, mixed-use development, placing “heart share over market share” in creating New Jersey’s next hometown.  In the development of plans for the community, the NAP team visited many of the region’s legendary hometowns, including Montclair, Summit, Spring Lake, Princeton, Westfield, Red Bank, Asbury Park and Hoboken, seeking to identify the essence of each. 

NAP will introduce the next generation of commercial real estate to the site, one of the largest brownfield remediations in New Jersey history and widely considered the largest developable tract along a major transportation corridor in the United States.

The result will be a vibrant community that will generate tens of thousands of jobs, millions of dollars in ongoing tax revenue and a magnetic attraction for the 20 million people who live in the New York metropolitan region, and for the millions of others who visit each year.

“We create great, walkable places that connect people to each other; cities to their souls; partners to opportunities; and individuals to experiences that move them,” explained Mark Toro, managing partner, North American Properties in Atlanta. “We are bringing together a world-leading visionary team to create New Jersey’s next great hometown, advancing the community-building skillsets we developed at Avalon.”

Key public approvals for this site were initially obtained in 2014, however, NAP has thoroughly updated the redevelopment plan.  As such, they are in the process of securing the necessary state and local approvals required to implement the new Riverton project.

The project has received strong support from State leaders, as well as the leadership of Middlesex County and the Borough of Sayreville.  A critical component of the project financing will be the continuing support from the New Jersey Economic Development Authority (NJEDA) through the Economic Redevelopment & Growth Program (ERG), which EDA approved in 2014 and will be asked to reaffirm for the updated vision.

 

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Piscataway

Dr. Jacqueline Littlejohn - Candidate for Piscataway Town Council

April 13, 2018

Why are you running for election to the Piscataway Township Council?

I am running for election to the Piscataway Township Council because I believe that a vibrant democracy only flourishes when the governed have a voice in their government, be it in the form of compromise, protest, or even becoming viable candidates themselves. I have chosen the latter approach. As a candidate I want to be the ...

The Piscataway Democratic Organization Names its 2018 Ward Slate

The Piscataway Democratic Party is putting forward an incredible slate of ward candidates for the Township Council.  “Frank Uhrin, Jim Bullard, Steven D. Cahn and Michele Lombardi have brought us a 12 percent drop in the tax rate, many new job opportunities for hard working residents, and a rise in property values,” party chair and former mayor, Ted Light said.  ...

Murder/Suicide in Edison Leaves Father and Son Dead

April 23, 2018

EDISON, NJ -  A confirmed homicide/suicide event occurred yesterday in Edison that involved a father and son in the home they shared.

Middlesex County Prosecutor Andrew C. Carey and Chief Thomas Bryan of the Edison Police Department announced today that police are investigating a shooting in which an Edison man apparently shot and killed his son, and then killed himself, says a release ...

Obituaries

Piscataway – Reinhard Rudolf Kiefer, 85, died Sunday March 11, 2018 at home. Born in ...
Read more
Piscataway, NJ – Manuela Cruz, 94, born July 17, 1923, passed away peacefully on March 8, ...
Read more

Craft Brew Fest Pours Into Westfield April 28; TAPinto Readers Get $20 Off

April 19, 2018

Westfield Hops – A Craft Beer Experience will be taking place on at the Westfield Armory April 28 with one session from 6 p.m. to 10 p.m. Enter code TAPINTO when you order your tickets and get $20 off! Tickets are available online at  http://www.westfieldhops.com. All tickets include unlimited tastings and a souvenir tasting glass. 

Westfield Hops – A Craft Beer ...

Travis “TJ” Henry Health Fair - Free Family Community Health Event

Free Family Community Health Event Saturday April 21

TJ was a Rutgers University student from central New Jersey who passed away from sudden cardiac death.

The health fair is named in his honor to bring attention to fitness and wellness in our community.

This year the fair will focus on heart and mental health in young adults and families.

Event Activities:

Fun 3k Run/Walk - Time: ...

Ready for Rutgers Day this Saturday?

NEW BRUNSWICK, NJ - RU ready for Rutgers Day?

You will not want to miss the university’s annual welcome and show-and-tell for New Jersey residents of all ages. It all takes place this Saturday, 10 a.m. to 4 p.m.

It is already thr 10th anniversary of Rutgers Day, There will be more than 700 free performances, demonstrations and interactive activities. Last ...

Upcoming Events

Wed, April 25, 5:00 PM

Piscataway

Better Together

Giving Back

Carousel_image_e1c86484bd07288a6140_bike_blessing_sickle_cell

Sat, April 28, 11:00 AM

New Market Firehouse, Piscataway

Sickle Cell Fundraiser and Bike Blessing

Education Giving Back

Sat, April 28, 7:00 PM

Crescent Avenue Presbyterian Church, Plainfield

Plainfield Symphony Mahler's 9th Symphony

Arts & Entertainment

Carousel_image_f725af9823f099a5b919_pway_5k_full_flyer

Sun, April 29, 9:00 AM

Piscataway High School, Piscataway

PWay 5K Run/Walk 2018

Education Sports

Sun, April 29, 2:00 PM

Otto Kaufman Community Center, Skillman

Relax, Rejuvenate, Renew

Health & Wellness

Kurt Steiner, a Holocaust Survivor, tells Life Story as 106th Birthday Draws Near

April 23, 2018

CRANFORD, NJ – In a quaint white house near the border of Cranford and Garwood, 105-year-old Kurt Steiner sat at his dining room table, surrounded by cabinets that held his collection of Viennese glass and antique Limoge plates. At his table, he had his carefully taped together passport and exit papers from Vienna, Austria, stamped with a large “J” and “Jude,” the ...

Cluelessly Clueless

I teenaged my way through high school under the assumption that my parents had no idea what I was doing.  I like to think I was pretty good at withholding information and presenting situations in ways that were other than they really were.

 

Still, sometimes they found things out.  Like the time my friends plopped me on our front door step at one o'clock in the morning ...