Standard at New Brunswick

Role

RPL provided pre-venture diligence and development oversight services on behalf of an institutional equity JV partner.

Unique Approach

• Compact site required protection of neighbors and careful shoring
• Garage structure and building skin by pre-cast concrete
• Minimize impacts from COVID-19 mandatory shutdown

Outcomes

• Project completed in time for student occupancy
• Amenities top-notch for the neighborhood

Scope of Work

New development of a modern, high-rise apartment building that appeals to students at nearby Rutgers University. Twenty-one story structure includes 3-5 bedroom apartments with amazing amenities leasing center, study lounges, fitness room, game and media lounge, pet walk and wash areas, rooftop fire pit and grilling terrace, indoor garage parking, and ground-floor retail.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: New Brunswick, NJ
• Size: 186 units, 21 floors, 303,480 RSF
• Timeline: 2017 to 2020
• Services: Development Oversight
• Cost: $106 million
• Architect: Boarman Kroos Vogel Group, Inc. (BKV)
• Contractor: Gilbane Building Company