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MORRISTOWN, N.J. — Rosewood, a joint venture between Roseland Property Co. and Woodmont Properties, has broken ground on The Highlands at Morristown Station in Morristown. The project will be situated on 3.5-acre former commuter parking lot at the Morristown Train Station. The mixed-use development will feature a five-story building with 217 apartment units, 8,000 square feet of ground floor retail space, 6,000 square feet of amenity space and a five-story, 722-space parking garage. The $72 million project is slated for completion in 2010. The garage is slated for completion in 2009. Roseland will manage and lease the facility once it is complete.