The Rail at Bound Brook
Update
12/02/22
Developers Land $32.45M for Bound Brook Rental Project
Joint development partners, Denholtz Properties and Redwood Real Estate Group, have obtained a $32.45 million loan for a luxury residential project, set to rise at 100 Hamilton Street in Bound Brook, New Jersey. Issued by Citizens Bank and arranged by JLL, this will be used to fund the development's construction from the ground up.
Designed by , the 6-story building is to be known as "The Rail at Bound Brook". It will contain high-end rental apartments, offered in studio, one, and two-bedroom configurations.
Tenants will have access to a 4,030-square-foot club suite, a state-of-the-art fitness center with a yoga studio, a co-working space, a game room, and a 2nd-floor courtyard with lounge and grilling areas.
Plans also call for square feet of retail space, located on the ground floor, and an enclosed parking garage, with enough room for vehicles.
The Rail at Bound Brook will replace an existing single-story commercial building, as well as a parking lot at the project site.
Despite technically being a part of the same tax lot as the development site, the neighboring strip of retail shops, built in the 1930s and connected to the historic, "Brook Arts Center", will not be demolished or affected in any way.
