A joint-venture partnership of The Rockefeller Group and Korman Communities announced that construction is underway on AVE Florham Park, a flexible-stay community in Florham Park, N.J.
Slated to open in 2017, AVE Florham Park will feature 256 corporate suites for corporate housing and relocations.
The JV partnership broke ground on the 450,000 s/f property, which will feature 40,000 s/f of outdoor amenities, including a private courtyard, a community courtyard with a lap pool and sundeck, a ping pong table, a bocce ball court, a movie screen, fire pits and an enclave with cabanas.
The property will also feature 24,000 s/f of indoor amenities catering to the business traveler and those in transition, including an indoor media theater, café with weekday club breakfast, conference suites, a business center, yoga studio, fitness center, spa, and a 24-hour concierge.
“AVE Florham Park is the ideal retreat for individuals who, during a transitional or extended travel period, want to stay in spacious and upscale residences that offer a sense of community,” said Clark Machemer, senior vice president and regional development officer for The Rockefeller Group’s New Jersey/Pennsylvania office.
The community will be located within The Green at Florham Park, The Rockefeller Group’s 268-acre, master planned development that is currently home to The New York Jets, BASF North American Headquarters and Summit Medical Group’s latest and most advanced location for comprehensive health services.
AVE Florham Park will host events throughout the year including wine and cheese networking events, outdoor movie nights by the pool, and monthly themed catered events featuring local restaurants and businesses.
Korman’s original furnished apartment concept, conceived in the 1960s — short-term, furnished apartments in a traditional multi-family residential setting — has evolved to an innovative residence hybrid perfect. Korman has AVE properties in Clifton, Union and Somerset, N.J., and Malvern, Downingtown and Lansdale, Pa.
Additional plans for The Green at Florham Park include a 425-unit active adult residential community, to be developed by Pulte Homes and an Archer Hotel.