Carteret, NJ – Today, Mayor Daniel J. Reiman joined with members of the Borough Council and representatives of the Kalian Companies to celebrate the groundbreaking of 27 Washington; a Mixed-Use residential development to be located in the heart of Carteret’s planned Downtown Arts District.
The project approved in 2014 features 67 residential units to be constructed above 12,000 square feet of commercial space and will wrap around the recently completed 450 CBP owned parking garage that will provide parking for Borough residents, downtown shoppers and patrons of the soon to be constructed Carteret Performing Arts Center, whose groundbreaking is scheduled for fall 2017.
Mayor Reiman called the mixed-use building “an important part” of Carteret’s efforts to revitalize the Washington Avenue Downtown and to grow the Borough’s commercial offerings. “When completed 27 Washington will provide the opportunity for our Arts District to grow and develop. I would expect that the commercial space will be home to a restaurant and shops that our residents and visitors to the district will be able to incorporate into and enjoyable afternoon or evening of live entertainment right across the street at our Performing Arts Center.” said Reiman.
The Mayor added that the building’s location along the New Jersey Transit Bus Route to New York City will give residents of the 67 units, a mix of 1 and 2 bedrooms, easy access to Manhattan. “It is an ideal location for commuters who will be able to walk out the front door of their building and step onto a bus into the city for work. Those same people will return home and shop in our local businesses and eat in local restaurants. Essentially, they will breathe new life into Washington Avenue.”
The building will be constructed by Kalian Companies of Tinton Falls which was formed in 1986 by Mazin (Patrick) Kalian and has since constructed over one thousand residential units throughout New Jersey and has been listed as one of the top 100 builders in the nation.
Patrick Kalian observed, “In my opinion, Carteret is one of the best locations to build residential in New Jersey. Not only because of its proximity to New York City but because what if offers to its residents.” Kalian continued, “When you look around and you see the investment the town is making into expanding opportunities to its residents you realize it is unmatched anywhere else. Across the street you have construction starting on a performing arts center, a quarter mile away you have a new marina being built and a waterfront park that is going to have almost 2 miles of waterfront pedestrian access.”
Mayor Reiman stated “This is the start of a great transformation of Washington Avenue- and the beginning of a long planned arts district”.
Construction on the project is expected to be completed by late Fall 2018.