High-end apartment building opens in Hoboken

Joshua Burd//February 3, 2016//

High-end apartment building opens in Hoboken

Joshua Burd//February 3, 2016//

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Developers have opened the doors to Hoboken’s newest high-end apartment building, a 135-unit property sitting at Monroe and 9th streets.The owners, a joint venture of Intercontinental Real Estate Corp. and Bijou Properties, unveiled the 11-story property known as Vine at a ceremony last week. Sitting at 900 Monroe St., the building is adjacent to the 9th Street Hudson-Bergen Light Rail station and also includes 13,500 square feet of street-level retail space, occupied in part by a day care center.

The developers are also creating an adjacent 7,000-square-foot public park, according to a news release. The overall development is the latest addition to Hoboken’s western edge.

“We are very pleased and excited to open the doors to ‘Vine,’ the newest luxury apartment development in the Hoboken neighborhood,” Peter Palandjian, chairman and CEO of  Intercontinental, said in a prepared statement. “We are fortunate to have partnered with Bijou Properties in this deal and look forward to more New Jersey development projects on behalf of Intercontinental’s union and public pension partners, for whom we are grateful to work, seek to create investment returns and fair wage and benefit jobs.”

The Vine project generated more than 125 union construction jobs during development and has been built in accordance with the U.S. Green Building Council’s standards for LEED certification, the news release said. Vine will be the fourth LEED-certified building introduced by Bijou Properties in the city.

“We’re delighted to introduce Vine to Hoboken and to see our collective vision for this new residential offering become a reality,” said Larry Bijou, managing partner of Bijou Properties.  “People from throughout the region are drawn to live in Hoboken, and what drives us as a company is taking a broader approach to neighborhood development by creating properties and complementary amenities and services that promote a healthy, sustainable, transit-oriented lifestyle that benefit our residents and the community at large.  We believe Vine will do just that.”

The building was designed by Marchetto Stieve Higgins Architects, with amenities including a gym, outdoor pool and sundeck, clubroom, fitness center, landscaped roof terrace, bike storage and a 135-car onsite automated parking facility, the news release said.

The developers marked the opening of the building in a ceremony late last week with Hoboken Mayor Dawn Zimmer.

“Thank you for choosing the city of Hoboken and thank you for choosing northwest Hoboken and making this an even hipper place to live,” Zimmer said. “Vine includes green features that are really important.  This building has a green roof, a co-generation system and a backup generator, and I’m looking forward to it becoming a role model for our city, our state, and our country.”