The public-private partnership that drives this project is a game-changer.
NJCU President Sue Henderson said, “Today, we cut the ribbon for RIVET, the first apartment building to open at University Place, and celebrate the progress that is being made in this bold redevelopment project. 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.” “This project serves as an important milestone in the transformation of the City’s west end. Hanson II, President and CEO of The Hampshire Companies. “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. 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. Real Estate Jersey City Sees Ribbon Cutting for RIVET Luxury Apartments On Aug 23, 2018Įxecutives 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.įeaturing 163 modern residential units and 10,000 square feet 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.