Prism Capital Partners announced Wednesday it has officially launched Dunellen Station, a Bloomfield-based mixed-use, transit-oriented community.
Prism said in the fall of this year it demolished the former Art Color industrial facility. That 400,000-square-foot space at 100 South Washington St. will be used to house the new community.
Prism said it plans to construct 194 market-rate apartments and 58 low- and moderate-income apartments as well as 10,000 square feet of retail. Dunellen Station will also have 130 townhouses.
Construction is slated to begin in the summer 2019.
“This well-situated property is just steps away from Dunellen’s vibrant, walkable downtown business district and directly across from the train station,” Robert Fourniadis, senior vice president, residential, Prism, said.. “We have created a diverse range of housing options in order to serve numerous segments of the market, and the new retail components will support residents of Dunellen Station as well as the whole community.”
The new community will offer its residents amenities including a clubhouse, meeting rooms, fitness center, and an outdoor pool with a patio and entertainment area.