Larken breaks ground on office-to-multifamily conversion project

Larken Associates has broken ground on a new luxury multifamily community in Readington, it announced this week.

The Branchburg-based real estate firm said in a news release that the Ridge at Readington, 460 Route 22, will open in summer 2022 and bring 254 market-rate and affordable units to the Hunterdon County community.

The property will transform a partially completed eight-building office campus on 17.2 acres into multifamily residential use.

“In today’s fast-paced and turbulent real estate market, Larken Associates’ ability to quickly realize emerging opportunities and act on them continues to be critical to our company’s ongoing success,” CEO and President David Gardner said in a prepared statement. “Through reimagining this site and tapping into our expansive in-house multifamily development, design and management expertise, we are confident that will bring a one-of-a-kind residential experience to those hoping to call Hunterdon County home.”

Larken’s in-house construction team, Core Enterprises, is managing the building process, and the property will fall under the Larken Living residential portfolio.