Executives from The Hampshire Companies and Claremont Companies were joined by New Jersey City University President Sue Henderson and Jersey City Mayor Steven Fulop to celebrate the ribbon cutting for RIVET, Jersey City’s newest luxury apartment development, at 23 University Boulevard in the city’s west end neighborhood. Featuring 163 units and 10,000 s/f of service-oriented ground level retail, RIVET is a key component in the first phase of a mixed-use master plan to transform Jersey City’s emerging west end neighborhood into University Place.
Developed in conjunction with New Jersey City University and Jersey City, University Place is a master redevelopment plan which will help create Jersey City’s next vibrant and walkable neighborhood through the construction of eight buildings, 1,000 new luxury residential units and access to more than 120,000 square feet of retail, a performing arts center, cafes, theaters, and lush green space.
“The University Place project marks the next chapter in Jersey City’s remarkable story and we are honored to be a part of that story with the opening of RIVET,” said James E. Hanson II, President and CEO of The Hampshire Companies.
“This project serves as an important milestone in the transformation of the City’s west end. We would like to thank President Henderson and Mayor Fulop for their vision, support and assistance in bringing this redevelopment plan to life and we are looking forward to continuing to work together to create a vibrant neighborhood within this great City.”
NJCU President Sue Henderson said, “The public-private partnership that drives this project is a game-changer. It is transformative for both NJCU and our local community. University Place is a prime example of a win-win solution made possible through collaborative efforts involving the New Jersey Legislature, local government, the University, and the business community.”
Developed by The Hampshire Companies and Claremont Companies, RIVET apartments start at $1,590 a month.
Amenities and social spaces include a cyber café with WiFi access, Butterfly MX virtual entry and package delivery system, an activated 15,000 s/f courtyard with a sundeck, lounge seating, gaming areas, grilling stations, and movie screenings, an indoor lounge with courtyard connectivity, a dedicated pet washing space, and a light-filled fitness center with Fitness On Demand and yoga studio.