HOBOKEN – A new “upscale” residential development is slated to open its doors to the public at the end of this month.
Park+Garden is Bijou Properties‘ latest completed project in the city and will have its grand opening on July 27, a representative for the developer told NJ Advance Media on Friday. The project consists of two 12-story residential buildings at 1450 Garden Street, which are connected by a 383-car parking garage.
The buildings have 212 ‘upscale’ units, ranging from one- to three-bedrooms, Robert Kelly, a spokesman for Bijou said. Rents for the homes start at $3,250. Early leasing started on Monday, and roughly 12 percent of the units were scooped up in first four days, he said. The residency also features a rooftop deck, outdoor pool, recreational room, courtyards, a gym, club rooms, bike storage space and laundry facilities.
Bijou broke ground on Park + Garden in May 2013. The developer previously estimated the cost of the project to be $131 million, but Kelly said on Friday that the final costs have not yet been finalized. The building does not include any affordable housing units, he said.
The developer expects to complete another residential project—900 Monroe, an 11-story, 135-unit building—by the end of this year.