NEW YORK, Feb. 1, 2017 /PRNewswire/ -- North Atlantic Regional Center is delighted to announce the beginning of construction on Bank Street Lofts. The project is located within 45 minutes of Manhattan, and is close to Princeton University and the Peddie School.
Bank Street Lofts is a multi-use loft apartment and retail project and will provide the local community with much-needed commercial, upscale townhomes and luxury apartments. The building reuse exemplifies the town's desire to retain the cultural heritage whilst creating an exciting and functional space for residents.
Bank Street Lofts is a 200,000 square foot development that features a public courtyard, retail and landscaped walkways along the Rocky Brook. It is a blend of nature and nostalgia set in a rich historic borough.
McGowan Builders is the construction company. McGowan is a famous builder, having completed projects in New York, such as The Dream Hotel, in Manhattan, and the new luxury downtown Manhattan, River & Warren Condominiums overlooking the Hudson River. McGowan brings the "nuanced" approach to the project that will create the correct blend of quality, accountability and collaboration. A special project needs a special builder.
R Black Global is a fully integrated developer that also provides advisory and execution services for the real estate industry. In the last decade the company or its principals have held key roles in the placement and management of $1.2 billion dollars of executed transactions with emphasis in major markets as New York and San Francisco.
R Black Global is a performance-oriented developer who gets the job done, on time and with excellent results for all stakeholders in the project. A proven track record is essential to ensuring successful outcome. Both the city and the project are very encouraged by having such an experienced and capable team spearheading this newest project. Recent projects include The OOsten, one of New York's largest residential projects that was completed in conjunction with NYSE listed developer Xinyuan Real Estate Company Limited. www.rblackglobal.com
Studio Hillier is the architect of the project, with an expansive experience both in the local market, with projects like the Peddie School's Athletic Center, completed in 2010, to the Irving Convention Center, TX completed in 2011. Experience and a consistent local understanding is why Studio Hillier was chosen to design Bank Street Lofts.
North Atlantic Regional Center is the EB5 Regional Center operating in New York City and the surrounding counties.
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SOURCE North Atlantic Regional Center LLC