Russo – Passaic Avenue Residential Development – New Jersey - Project Profile
"Russo – Passaic Avenue Residential Development – New Jersey - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Russo Development LLC (Russo) is planning to build a residential building in Kearny, Hudson County, New Jersey, the US.
The project involves the construction of a residential building divided into two, three and four story sections on 6.5ha of land. It includes the construction of 458 apartments, a clubhouse, a swimming pool, a 656-space car parking facility and related facilities.
On June 24, 2015, Russo presented the development plans to the Town of Kearny (ToK) and signed an agreement.
Russo is currently in negotiations to acquire two of the various properties in the project site, formerly occupied by industries.
Subject to approval, construction is expected to commence in November 2017 and be completed by the second quarter of 2021.
The project involves the construction of a single residential building divided into two-, three- and four-story sections on 6.5ha of land in Kearny, New Jersey, the US.
The US$60 million project includes the following:
1. Construction of 458 apartments
2. Construction of a clubhouse
3. Construction of a swimming pool
4. Construction of a 656-space car parking facility
5. Construction of related facilitiesReasons To Buy