FIELDS DEVELOPMENT GROUP PREPARES TO OPEN JERSEY CITY’S FIRST ‘GREEN’ RESIDENTIAL BUILDING
JERSEY CITY, N.J. – Leasing will open this fall for Madox, a new upscale rental community that is on schedule to earn the first LEED certification for a residential building in Jersey City.
Names are currently being accepted for a priority list of renters who will receive first preference at the collection of 131 luxury apartment homes rising at 198 Van Vorst Street in downtown Jersey City’s historic Paulus Hook neighborhood.
Construction is nearing completion at the eco-friendly, seven-story building, with initial occupancy scheduled for October 2012, according to developer Fields Development Group.
Madox will feature a collection of studio, one- and two-bedroom residences and a host of upscale amenities including considerable landscaped outdoor space, as well as 4,000 square feet of ground-floor retail space. Some one-and two-bedroom homes also feature additional dens, a significant advantage for young couples looking to grow a family or single professionals hoping to add a roommate without increasing their monthly rents by fully upgrading to a larger size apartment.
The new building, which is designed for LEED Silver Certification (Leadership in Environmental and Energy Design), is being built in accordance with U.S. Green Building Council guidelines for developing high-performance, sustainable buildings whichincorporate responsible site development, energy efficient design and sustainable materials to create environmentally-sensitive urban living environments.
Madox will also boast a 100% smoke-free environment, a unique lifestyle feature that is one of the first of its kind in New Jersey and a rarity in the New York Metropolitan marketplace.
“Now more than ever, residents are conscious of their surrounding environment and have shown an increased desire to live in buildings which are energy efficient, sustainable and LEED Certified,” notes James Caulfield, Jr., a principal of Hoboken-based Fields Development Group. “Madox will offer a unique blend of artistic living and common spaces, exciting indoor and outdoor amenities and responsible development practices that will inspire people toset down roots here.”
LEED points are achieved throughout the planning and development process. Once complete, the USGBC (US Green Building Council) reviews the documentation and renders a certificate of completion and grants the level of certification, in this case goal of a Silver Rating.
Green elements being incorporated into Madox include a PV Solar Array and vegetation on the roof, electric car charging stations, and 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.
Madox residents will 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, yoga room, kitchenette, two TVs and more.
Madox will also offer an abundance of outdoor space with a landscaped courtyard with outdoor children’s play area, café seating and benches, two common 8thfloor terraces and common roof deck with hammocks, natural gas fired BBQ, fire pit, lounges for sun bathing and magnificent views of NYC, Marina, Statue of Liberty. Valet garage parking and bicycle storage will also be available.
The well-designed residences at Madox will offer from 480 to1,312 square feet of luxury living space, along with a considerable array of high-end amenities and finishes. Found throughout the homes will be custom hardwood floors, 9 foot ceilings, washer/dryer in every home, and master baths with custom vanities and tile. Gourmet kitchens will feature custom 42” cabinetry, stainless steel appliances, gas cooking, Caesarstone countertops, tile floor and backsplash, and designer lighting and fixtures.
Residents of Madox will also appreciate the building’s location within the quaint Paulus Hook neighborhood that is widely considered the most desirable area in downtown Jersey City. Striking a perfect balance of a quiet residential setting with an active urban village, Paulus Hook boasts charming tree-lined streets dotted with historic brownstones and an eclectic array of local shops and restaurants. Several waterfront marinas border the neighborhood, while nearby Liberty State Park offers a green oasis for active and passive recreation, including miles of walking, biking and jogging paths, endless open space and spectacular views of the Manhattan skyline, Statue of Liberty and Ellis Island.
“The location and proximity to Manhattan are fantastic,” says Mr. Caulfield. “PATH Trains and high speed ferry service to New York City are just a few blocks away, while the Light Rail conveniently takes riders through popular Gold Coast destinations such as Jersey City and Hoboken.”
For more information on Madox, please 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. 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. www.fieldsdevelopment.com.