HomeReal Estate & DevelopmentPrism marks construction progress at Dunellen Station

Prism marks construction progress at Dunellen Station

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, marked the frame-out of the project’s first building this week.

Upon completion, Dunellen Station will include 194 one- and two-bedroom market-rate rental apartments, 58 units 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.

Dunellen Station sits adjacent to the borough’s vibrant, walkable downtown, directly across from the train station.

Mayor Jason Cilento said the project, scheduled to be finished next spring, is a key to the borough’s future.

“This is the beginning of a renaissance for our borough,” he said. “The future is bright, and Dunellen Station is helping us ignite the spark.”

Cilento thanked past and current municipal and Middlesex County officials for their support of the project, including former Mayor Robert Seader.

“Dunellen Station will bring new housing options and new residents to invest dollars in our downtown,” he said. “Prism Capital Partners also is committed to bringing quality tenants into the retail space. I thank them for investing in our community.”

Robert Fourniadis, Prism’s senior vice president, residential, said the project is moving along despite the pandemic.

“COVID-19-related concerns delayed a formal ceremony for the groundbreaking of this long-anticipated, transit-oriented community, but its progress is moving along at a steady pace,” he said. “Dunellen Station is a living example of municipal government and developers working together to benefit communities for the long term.”

Related Articles

Ridgecut Road buys 76 National Road in Edison for $24.5M

JLL Capital Markets announced the $24.5 million sale and acquisition financing of 76 National Road, an approximately 5.5-acre, fully occupied industrial service facility in...

Panepinto Properties begins leasing for 505 Summit in Journal Square

Panepinto Properties on March 23 began leasing at 505 Summit, a 53-story residential tower featuring 605 apartment homes, Manhattan skyline and Statue of Liberty...

New Jersey Realtors housing market data for February shows rise in median sales prices

New Jersey’s housing market saw a continued rise in median sales prices across all property types this February, even as closed sales and new...

Kislak sells 131K SF office building in Parsippany for $10M

The Kislak Company, Inc. announced the recent sale of a 131,346-square-foot office building on 7.98 acres at 959 Route 46 in Parsippany for $10...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Latest Articles

Vonage and ServiceNow expand partnership with AI capabilities

Holmdel-based Vonage, part of Ericsson, announced the launch of its native integration with ServiceNow Voice, built on the ServiceNow AI Platform. The integration embeds enterprise-grade...

CHOP Cardiac Center in Somerset to open in April 2026

The Cardiac Center at Children's Hospital of Philadelphia (CHOP) will open a new outpatient location in Somerset in April 2026. CHOP Cardiac Center, Somerset, located...

NJDOT partners with Quarterhill to support statewide traffic-monitoring systems

The New Jersey Department of Transportation (NJDOT) will partner with Quarterhill Inc., a leading global provider of intelligent transportation system solutions, through its subsidiary...

Prudential Advisors’ Buckley elected as secretary of Finseca

Prudential Advisors, the retail arm of Prudential Financial, Inc., announced that Moira Buckley, Western Territory vice president at Prudential Advisors, has been elected secretary...

Ridgecut Road buys 76 National Road in Edison for $24.5M

JLL Capital Markets announced the $24.5 million sale and acquisition financing of 76 National Road, an approximately 5.5-acre, fully occupied industrial service facility in...

Suburban Propane expands NASCAR partnership to 21 racetracks nationwide

Suburban Propane Partners LP, a Whippany-based energy distributor, said it has expanded its partnership with NASCAR to support operations at 21 racetracks nationwide. The company...

Latest Articles

Vonage and ServiceNow expand partnership with AI capabilities

Holmdel-based Vonage, part of Ericsson, announced the launch of its native integration with ServiceNow Voice, built on the ServiceNow AI Platform. The integration embeds enterprise-grade...

CHOP Cardiac Center in Somerset to open in April 2026

The Cardiac Center at Children's Hospital of Philadelphia (CHOP) will open a new outpatient location in Somerset in April 2026. CHOP Cardiac Center, Somerset, located...

NJDOT partners with Quarterhill to support statewide traffic-monitoring systems

The New Jersey Department of Transportation (NJDOT) will partner with Quarterhill Inc., a leading global provider of intelligent transportation system solutions, through its subsidiary...

Prudential Advisors’ Buckley elected as secretary of Finseca

Prudential Advisors, the retail arm of Prudential Financial, Inc., announced that Moira Buckley, Western Territory vice president at Prudential Advisors, has been elected secretary...

Ridgecut Road buys 76 National Road in Edison for $24.5M

JLL Capital Markets announced the $24.5 million sale and acquisition financing of 76 National Road, an approximately 5.5-acre, fully occupied industrial service facility in...