RJEH - Atrium Apartments at Egg Harbor Affordable Housing - New Jersey - Project Profile

Synopsis
"RJEH - Atrium Apartments at Egg Harbor Affordable Housing - New Jersey - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "RJEH - Atrium Apartments at Egg Harbor Affordable Housing - New Jersey - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Scope
The project involves the construction of affordable housing complex comprising 144 rental units at Egg Harbor Township, New Jersey, the US.

The US$30 million project includes the following:

1. Construction of residential units

2. Construction of community room

3. Construction of fitness center

4. Construction of grand lobby

5. Construction of laundry facility

6. Construction of retail facility

7. Construction of a parking facility

8. Construction of related infrastructure

9. Installation of safety systems and elevators

10. Installation of elevators
Summary
Renewable Jersey at Egg Harbor, LLC (RJEH), a part of Rukenstein & Associates, LLC, is undertaking the construction of a housing complex in New Jersey, the US.

The project involves the construction of a housing complex comprising 144 rental units and is being developed in two phases. The first phase includes the construction of six-story, 84 units building and the second phase with 60 units.

The project includes the construction of residential units, a community room, fitness center, lobby, laundry facility, retail facility, and parking and related infrastructure, and the installation of safety systems and elevators.

WNC, a national investor in real estate and community development initiatives funded US$14.5 million in low-income housing tax credit equity.

New Jersey (NJ) officials granted US$5 million for the project and they will receive more than US$16 million in the form of tax credits in the next ten years.

In May 2016, construction works on the first phase completed.
Reasons To Buy
• Gain insight into the project.

• Monitor the latest project developments.

• Identify key project contacts.
Key highlights