Prism Capital Companions’ redevelopment at Dunellen Station reaches building milestone

Dunellen Station, the multifamily and retail redevelopment of the previous Artwork Colour industrial facility at 100 S. Washington Ave. in Dunellen being accomplished by Prism Capital Companions, now has a second construction below roof forward of winter climate, with foundations and framing rising for the multifamily neighborhood’s 4 remaining buildings.

Prism anticipates delivering the primary flats at Dunellen Station this spring.

Upon completion, the neighborhood, positioned immediately throughout from the native prepare station, will embrace 252 one- and two-bedroom market-rate rental flats, 58 of that are reserved for low- and moderate-income residents, and 10,000 sq. toes of street-level retail. The property additionally will embrace 130 for-sale townhouses, to be developed by Ok. Hovnanian Cos.

“Building is progressing at a brisk tempo,” stated Prism Capital Companions’ Robert Fourniadis, senior vp, residential. “Inside build-out is in full swing for the primary two buildings. It’s thrilling to see our imaginative and prescient for this venture coming to life.”

Dunellen Station residents will take pleasure in quite a few facilities, together with a clubhouse, assembly rooms, health heart, outside pool with patio and an leisure space. Designed by Spiezle Architectural Group, the neighborhood displays the character of the previous Artwork Colour constructing, with the clubhouse and retail components incorporating a transit theme to complement the neighborhood.

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