North American Properties has recently selected Cooper Robertson to handle the master planning of Riverton, a 418-acre waterfront mixed-use development on the Raritan River. The project site is considered the largest developable tract along a major transportation corridor in the United States. It also represents one of the largest brownfield remediations in New Jersey history.
The project, which is considered the largest mixed-use project in New Jersey history, is located just 20 miles outside of Manhattan. The $2.5 billion community will combine residential, retail, entertainment, marina, office, and hotel space in a curated street level experience, programmed gathering spaces, and resort-inspired hospitality.
Recreation and open space will be included along with an array of public and civic uses focused on more than a mile of riverfront. The commercial and retail space is expected to generate tens of thousands of jobs, millions of dollars in ongoing tax revenue, and millions of visitors each year.
Initial public approvals for the site were obtained in 2014, but the project has been updated since then. North American Properties is currently in the process of securing the necessary state and local approvals for the updated Riverton project plan.
Riverton is a joint venture between North American Properties and PGIM Real Estate.
Related Stories
| Aug 11, 2010
Silver Award: Palmer House Hilton Hotel & Shops Chicago, Ill.
Chicago's Palmer House Hilton holds the record for the longest continuously operated hotel in North America. It was originally built in 1871 by Potter Palmer, one of America's first millionaire developers. When it was rebuilt after the Great Chicago Fire it became the first hotel in the U.S. to put a telephone in every room.
| Aug 11, 2010
Gulf Coast Hotel's Stormy Road to Recovery
After his initial tour of the dilapidated 1850s-era Battle House Hotel, Ron Blount, construction manager with Retirement Systems of Alabama, said to his boss: “You need a priest more than you need a contractor.” Those words were more prescient to RSA's restoration of the historic Mobile landmark than he could have known at the time.
| Aug 11, 2010
Lifestyle Hotel Trends Around the World
When the Rocco Forte Collection opens the Verdura Golf & Spa Resort in Sicily in early 2009, the 200-room luxury property will be one of the world's newest lifestyle hotels. Lifestyle hotels cater to guests seeking a heightened travel experience, which they deliver by offering distinctive—some would say avant-garde, or even outrageous—architecture, room design, amenities, and en...
