HomeReal Estate & DevelopmentPrism Capital Partners' redevelopment at Dunellen Station reaches construction milestone

Prism Capital Partners’ redevelopment at Dunellen Station reaches construction milestone

Spring 2022 occupancy anticipated for mixed-use, transit-oriented community

Dunellen Station, the multifamily and retail redevelopment of the former Art Color industrial facility at 100 S. Washington Ave. in Dunellen being completed by Prism Capital Partners, now has a second structure under roof ahead of winter weather, with foundations and framing rising for the multifamily community’s four remaining buildings.

Prism anticipates delivering the first apartments at Dunellen Station this spring.

Upon completion, the community, located directly across from the local train station, will include 252 one- and two-bedroom market-rate rental apartments, 58 of which are reserved for low- and moderate-income residents, and 10,000 square feet of street-level retail. The property also will include 130 for-sale townhouses, to be developed by K. Hovnanian Cos.

“Construction is progressing at a brisk pace,” said Prism Capital Partners’ Robert Fourniadis, senior vice president, residential. “Interior build-out is in full swing for the first two buildings. It’s exciting to see our vision for this project coming to life.”

Dunellen Station residents will enjoy numerous amenities, including a clubhouse, meeting rooms, fitness center, outdoor pool with patio and an entertainment area. Designed by Spiezle Architectural Group, the community reflects the character of the former Art Color building, with the clubhouse and retail elements incorporating a transit theme to complement the neighborhood.

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