Larken Associates said Feb. 2 it broke ground on The Ridge at Readington, a luxury multifamily community, located at 460 Route 22 in Readington. Targeted for completion in the summer of 2022, the multifamily project will bring 254 market-rate and affordable units to Hunterdon County and further bolster Larken Associates’ rapidly growing Larken Living residential portfolio. Construction for the project is being managed by Larken Associates’ in-house construction team, Core Enterprises.
The groundbreaking marks the first step in Larken Associates’ transformation of a partially completed eight-building professional office campus on the 17.2-acre property.
Situated on Route 22 just over the border between Somerset and Hunterdon Counties, The Ridge at Readington will feature 254-units with a mix of 168 one and two-bedroom garden apartments spread across seven buildings and 86 one and two-bedroom units in two elevatored buildings. Each of the 21 different unit types will include modern layouts, gourmet kitchens, in-unit laundry, luxury vinyl plank flooring, quartz kitchen and bathroom countertops, and stainless-steel appliances to provide a wide range of residential options.
Complementing The Ridge at Readington’s luxury residential options, residents will also enjoy access to a diverse slate of resort-style amenities including a state-of-the-art clubhouse with a theater room, pool, gym and spacious outdoor lounge area as well as a tot lot, bark park and walking trails.
“In today’s fast-paced and turbulent real estate market, Larken Associates’ ability to quickly realize emerging opportunities and act on them continues to be critical to our company’s ongoing success,” said David Gardner, president and CEO of Larken Associates. “Through reimagining this site and tapping into our expansive in-house multifamily development, design and management expertise, we are confident that we will bring a one-of-a-kind residential experience to those hoping to call Hunterdon County home and capitalize on the significantly elevated demand for multifamily space in the local market.”
Once completed, The Ridge at Readington will be the latest addition to Larken Associates’ Larken Living portfolio. Comprised of 22 unique communities made up of 2,500 owned and managed residential units across the northeast, the Larken Living portfolio defines excellence in residential real estate development and management.