Dirt Moves on Next Phase of JC’s University Place Master Plan
Executives from The Hampshire Companies, Claremont Companies and Circle Squared were joined by New Jersey City University President Sue Henderson and Jersey City Mayor Steven Fulop to break ground for RIVET 2, a luxury apartment development.
The 199-unit project at 26 University Blvd. is part of the next phase of the University Place mixed-use master plan for Jersey City’s emerging west end neighborhood.
“For developers, creating a sense of place and community can often be one of the most challenging aspects of any large-scale real estate project,” said James E. Hanson II, Hampshire’s president and CEO. “With the ongoing leasing success at RIVET 1 and our groundbreaking for RIVET 2, we believe that we are well on our way.”
Developed in conjunction with New Jersey City University and Jersey City, University Place will include 1,000 new luxury residential units, and access to more than 120,000 square feet of retail.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).