Cedar Village is getting a new convenience store that will also offer gas as construction starts on a new 7-Eleven at the Hanover Township retail center.
JMF Properties and partner RD Management LLC announced the beginning of work on the project Sept. 6, which will result in a 4,000-square-foot outlet and gas canopy with eight pumps for a total 16 fueling positions.
One of those pumps will offer diesel fuel, according to the partners, and the site will also include self-service air and vacuum.
JMF Properties founder and Principal Joe Forgione said the project is expected to be completed this December.
“This brand new 7-Eleven will provide Morris County residents with a convenient new option for their shopping and fueling needs,” he said in a prepared statement. “Along with our partner, RD Management, we identified 7-Eleven as a business that would thrive in this location and contribute a desired service to local residents and motorists, including visitors to Mennen Arena as well as contractors and other professionals who make frequent trips to Lowe’s. We’re thrilled to announce this groundbreaking and look forward to the success of the business for many years to come.”
Lowe’s is the anchor tenant at the 19-acre Cedar Village complex located at 230 E. Hanover Ave., across the street from the Mennen Sports Arena recreation center. According to the project partners, the addition of the 7-Eleven will further distinguish the retail offering, which is located on a heavily traveled road that connects to communities including Morris Plains, Florham Park and Morristown, in addition to roadways like Routes 24 and 202 and Interstate 287.
JMF’s transit-oriented, multifamily properties have been busy in 2022, with the lease up of its newest “Clarus” luxury-branded community in Glen Ridge, which hit 100% occupancy less than six months after opening for pre-leasing.
The company says two additional rental communities are expected to open in the next year: The American, with direct access to the Morris Plains train station; and Clarus Berkeley Heights, located next to the Berkeley Heights train station.
“We are excited to bring such a well-liked national tenant to the market on a full scale …,” RD Management Principal and President Richard Birdoff said in a prepared statement. “The new location on East Hanover Avenue will allow for easy access to the community and those traveling on Routes 202 and 287.”
The Cedar Village retail center, and future home of 7-Eleven, occupy space that was once owned by aerospace and defense company Northrop Grumman. After its exit in 1985, the property remained vacant until N.J.-based JMF and RD, which calls New York home, partnered to remediate the site and raise Cedar Village. The developers have partnered on a number of other projects as well, including Harbor View Marketplace in Bayonne and Waterview Marketplace in Parsippany.
Currently, the companies are transforming the former Colgate-Palmolive campus in Morris Township into Morris Marketplace, in partnership with Accurate and DeVimy Equities, with more joint projects planned for the pipeline.