Jersey City launches next phase of University Place - NJBIZ

Linda Lindner//May 8, 2019

Linda Lindner//May 8, 2019

Rivet 2 Groundbreaking on May 8, 2019. From left: James E. Hanson II, President & CEO, The Hampshire Companies; Jeffrey Sica, President & CEO, Circle Squared Alternative Investments; Dr. Aaron Aska, Chief Operating Officer, NJCU; Anthony Bastardi, Chairman and CEO, Strategic Development Group; Jon Hanson, Founder and Chairman, The Hampshire Companies; Jersey City Mayor Steven Fulop; Sue Henderson, President, NJCU; Rafael Perez, Chair of the NJCU Board of Trustees; Norman Feinstein, Principal and Vice Chairman, The Hampshire Companies; Denise Ridley, Ward A Councilperson; and Mira Prinz-Arey, Ward B Councilperson.- NAI HANSON

Executives from The Hampshire Cos. and Claremont Cos. joined New Jersey City University President Sue Henderson and Jersey City Mayor Steven Fulop on Wednesday to celebrate the groundbreaking for RIVET 2, a Jersey City luxury apartment development at University Place in the city’s West End neighborhood.

The groundbreaking for RIVET 2 signals the next phase of a mixed-use master redevelopment plan to transform Jersey City’s West End neighborhood into University Place.

University Place will total eight buildings and 1,000 new residential units with access to more than 120,000 square feet of retail, a performing arts center, cafes, theaters and green space.

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