Reynolds Asset Management announced Monday the completion of the Mural Lofts, a new multifamily housing community in the heart of Orange’s Valley Art District. Located at 606 Freeman St., the Mural Lofts are situated on the site of the former Orange Valley Hardware Store and boasts 103 residential units within the five-story building. Preleasing is now available, with occupancy expected in September.
“We are incredibly proud to welcome residents to this community, and specifically to the Mural Lofts,” Lou Reynolds, CEO of Reynolds Asset Management, said. “This project blends history with modern elements, while highlighting the dynamic artistic values of the area. We created a space where residents can enjoy top-of-the-line amenities and sophisticated finishes and also feel a deep connection to the region’s storied past.”
The multifamily development features eight studios, 59 one-bedroom and 36 two-bedroom apartments each designed with high ceilings, open floor plans and oversized windows, with rental rates between $1,900 and $2,900. Other amenities include a covered ground-floor parking garage as well as a rooftop lounge and grill areas, a state-of-the-art fitness facility and a business center.
In deepening its connection with the artistic neighborhood in which the property is situated, Reynolds Asset Management is working collaboratively with the West Orange Arts Council, a nonprofit with a mission of bringing art and people together, to commission an artist to create a mural that will be unveiled following the property’s grand opening later this year.
Conveniently located in the Arts District of Orange, the Mural Lofts are just two blocks from the Highland Avenue Train Station, the West Orange Arts Center and several restaurants and shops.
