MADOX IN JERSEY CITY’S HISTORIC PAULUS HOOK RECEIVES LEED® SILVER CERTIFICATION

THE MADOX IN JERSEY CITY

THE MADOX IN JERSEY CITY

Upscale Rental Building Becomes City’s First True “Green” Residential Building

JERSEY CITY, NJ – Fields Development Group announced today that Madox, its upscale “Green” rental building in Jersey City, N.J., has received LEED® Silver certification from the U.S. Green Building Council (USGBC).

Situated at 198 Van Vorst Street in the historic Paulus Hook neighborhood, the seven-story luxury rental building becomes the first residential project to be LEED certified in this Hudson County City.

Madox features 131 one- and two-bedroom apartment homes with interior elements and fixtures that conserve energy, increase water efficiency and improve air quality. The building’s largest amenity, its expansive rooftop deck, is also the feature that most vividly illustrates Madox’s “Green” focus by presenting a large outdoor recreation area for residents while also controlling storm water runoff and generating renewable power with PV Solar Array panels and green roof vegetation.

“Madox has completed its transformation from a Brownfield cleanup and redevelopment project to a sustainable urban site that significantly reduces the carbon footprint,” says James Caulfield, Jr., a principal of Fields Development Group.

“By closely following the USGBC guidelines for developing sustainable buildings and utilizing an abundance of green and recycled materials and innovative energy conserving practices, Madox is an excellent example of smart growth. We’re extremely proud of this certification which is the culmination of all the hard work our team of professionals has put in to create a building that improves the environment.”

Additional sustainable elements include electric car charging stations, and building systems to reduce water consumption by over 45% and energy consumption by 14%. The building will also be under contract for at least two years to provide 35% of its electricity from renewable sources and is 100% smoke free.

Other green aspects of the building are consistent with responsible urban development, including a location within walking distance to several mass transit options including PATH, Light Rail, NJ Transit Buses and NY Waterway Ferry, hosting two vehicles in a car share program, bike storage, electric car charging stations and community connectivity with walking distance to parks, shops, schools, library, fitness center, hospital, banks, churches and restaurants.

Located directly next to the Bergen-Hudson Light Rail, Madox fills the gap of the property’s former industrial use with an attractive residential address that creates a continuous streetscape along tree-lined Van Vorst, Morris and Essex Streets. Fields Development worked closely with the Historic Paulus Hook Association to ensure the building’s exterior blended with the existing neighborhood. Consistent with its green goal, Fields Development Group utilized recycled materials and reclaimed wood that promotes Madox’s feeling of old charm and comfort. The end result was a classic multi-toned façade that reflects Paulus Hook’s classic look, yet provides a modern flare. Fields Development Group has also repaved sidewalks around the building and planted trees to create a comforting environment.

What’s more, a minimum of 50 garage parking spaces in Madox will be offered to local residents to reduce the amount of demand for street-parking.

Madox will bring additional services and stores to Paulus with two state-of-the-art and modern retail spaces. The prime street-front spaces can accommodate a wide range of business types. One space – a 1,550 square foot suite located directly on Van Vorst Street — is ideal for a restaurant or café with outdoor seating and pre-installed duct work that can specifically equip an eatery. The second 2,060 sq.-ft. space offers a highly visible location on the corner of Van Vorst Street and Morris Street. Parking will be available via the building’s on-site valet garage.

Madox residents also enjoy a host of onsite modern amenities and services, including a keyless entry system, 24-hour doorman, state-of-the art gym, a lobby lounge with a library, business center and communal technology table with iPad Station, iMac and PC; and a resident’s-only lounge with children’s play area, kitchenette, two TVs and more.

For additional information on Madox, please call (888) 789-0758 or visit www.madoxapts.com.

ABOUT FIELDS DEVELOPMENT GROUP

Based in Hoboken, NJ, Fields Development Group is a third generation real estate developer with a building heritage that dates back to 1933. Specialists in urban development since its beginnings, the company is widely recognized for its unique ability to create signature residential buildings that combine dramatic urban living spaces with modern amenities and features. Notable projects by Fields Development Group in Hudson County include Saffron, Waldo Lofts and Ivy House in Jersey City and Fields Crossing in Hoboken. www.fieldsdevelopment.com.

Led by brothers James and Robert Caulfield, Fields Development Group’s homebuilding expertise encompasses the entire spectrum of housing product, from land acquisition and construction to sales and marketing. All aspects of development are handled in-house to ensure an unmatched level of quality value and customer satisfaction.

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