Press Release brought to you by Sterling Properties

JV Partnership Announces Start of Construction at Transit-Oriented Rental Community in Rahway, N.J.

10/03/2013

A joint venture of three of New Jersey’s leading developers of residential communities — AST Development, Sterling Properties and Heartstone Development — today announced that construction has begun on Metro Rahway, a community of 116 upscale rental residences located directly across from the Rahway train station.

The joint-venture partnership will transform a former industrial site into a state-of-the-art, transit-oriented development designed to cater to the modern renter’s desire for a convenient and comfortable lifestyle.

Situated on 1.6 acres along Campbell Street between Elm Avenue and West Cherry Street, Metro Rahway will feature a mix of one- and two-bedroom residences in a four-story building with ground-floor access to a private parking garage.

“With a location in the heart of the city’s Arts and Central Business District, Metro Rahway will be ideal for individuals who enjoy having the ability to walk to shopping, dining and entertainment venues,” stated Rosanne Brooks, Sterling Properties’ director of sales and marketing. “Additionally, the development’s proximity to the train station will put the world at residents’ fingertips.”

The train station, which serves NJ Transit’s North Jersey Coast and Northeast Corridor lines, will provide residents with an effortless 40-minute commute to New York City.

Metro Rahway’s focus on lifestyle is further represented by an amenities package that includes a state-of-the-art fitness studio and residents’ clubroom with WiFi and ample space to work, relax or celebrate.

With private entrances, nine-foot ceilings, ceramic-tiled kitchens featuring shaker-style wood espresso cabinets and quartz countertops, ceramic-tiled bathroom floors, designer carpeting, stainless steel appliances, bedroom ceiling fans, full-size washers and dryers and more, the residences are designed to attract a wide range of renters.

Metro Rahway residents will enjoy convenient access to the city’s many fashionable restaurants, shops, art galleries, dance studios and entertainment venues such as the Union County Performing Arts Center and Hamilton Stage. Rahway also offers an abundance of passive recreation opportunities including the popular Rahway River Park.

“Metro Rahway will embrace the rich culture and lively arts scene of its home city,” AST Development Project Executive Shane Soranno said. “We look forward to cutting the ribbon on what will surely be a transformative development for the City of Rahway.”

About Sterling Properties

Widely recognized as a premier builder of single-family homes, townhomes and luxury apartments, Sterling Properties has developed upscale residences in desirable locales for more than three decades. Today, Sterling operates a diverse portfolio of communities throughout New York, New Jersey, Pennsylvania, Connecticut and Florida. Whether it’s a rental or for-sale community, Sterling is committed to delivering superior quality residences distinguished by unique designs, sought-after features and first-class amenities. For more information, please visit SterlingPropertiesNJ.com.

About AST Development

Founded in 1985, AST Development Corporation is a full-service real estate development and investment company, which has been successful in the acquisition, development, repositioning and long-term ownership of commercial and residential real estate.  AST’s multi-family portfolio focuses on the New Jersey and metropolitan New York submarket, as well as Georgia, Florida and South Carolina. For more information on AST, please visit www.astdevelopment.com.

About Heartstone Development

Heartstone Development is New Jersey's premier developer/builder of distinctive urban and suburban in-fill rental as well as for-sale residential and mixed-use retail properties. With impeccable attention to detail and creative use of space, Heartstone’s extraordinary homes are designed to welcome, comfort and inspire you.  For more information on Heartstone, please visit www.heartstonellc.com.  

10/03/2013 - 13:12

Source

Sterling Properties

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