Prism’s members have over 40 years of experience in New Jersey and throughout the Northeast financing and developing major real estate projects, including mixed use/adaptive re-use residential projects.
Prism’s recent residential communities include three of the largest adaptive re-use and redevelopment communities in New Jersey:
(i) Parkway Lofts
This community is located in Bloomfield, NJ and is a $100 million adaptive reuse project of a landmark, six-story warehouse built by General Electric Company in 1897 that Prism has redeveloped into transit oriented luxury loft-style apartments with a fitness center, community clubroom, theater and other lifestyle amenities.
(ii) Edison Village
Located in the Downtown Redevelopment Area of West Orange, where Prism is the Designated Redeveloper of a luxury apartment building and supporting retail highlighted by the adaptive reuse of the Historic Designated Thomas Edison Battery Building, which is currently undergoing transformation in accordance with National Park Service Guidelines governing renovation of Historic Structures.
(iii) The former Hoffman La Roche Headquarters Campus
A 120 acre parcel located in the towns of Clifton and Nutley on NJ Route 3 which will be developed into a 4 million +/-square foot mixed use development, anchored by the new Seton Hall University-Hackensack UMC/Meridian Medical School.
Each of these projects were planned and designed in cooperation with the local communities to ensure that redevelopment was undertaken in a manner that preserved any historical elements or other characteristics important to the community. Additional information on these is available on Prism’s website: www.prismpartners.net