PARTNERSHIP DEVELOPS $83M APARTMENT COMMUNITY IN HOBOKEN, N.J.

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HOBOKEN, N.J. — Bijou Properties, in partnership with Intercontinental Real Estate Corp., has broken ground on an $83 million multifamily development located at 900 Monroe in Hoboken. The 11-story, 135-unit mixed-use building includes 13,500 square feet of retail space featuring a daycare center and a 135-car onsite automated parking facility. The development is slated for a fall 2015 completion. Amenities will include a lobby, gym, outdoor pool, clubrooms and automated on-site parking. Marchetto Higgins Stieve Architects designed the property.

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