Prism to redevelop industrial facility into a mixed-use, transit-oriented community

Prism Capital Partners launched the redevelopment of the former Art Color industrial facility in Dunellen into a mixed-use, transit-oriented community.Prism Capital Partners launched the redevelopment of the former Art Color industrial facility in Dunellen into a mixed-use, transit-oriented community.

The Bloomfield-based adaptive reuse specialist announced the plans for Dunellen Station — 194 one- and two-bedroom market-rate apartments and 58 units reserved for low- and moderate-income residents, as well as 10,000 square feet of retail. It will also include 130 for-sale townhouses to be constructed by a national homebuilder.

“This well-situated property is just steps away from Dunellen’s vibrant, walkable downtown business district and directly across from the train station,” noted Prism’s Robert Fourniadis, senior vice president, residential, in a statement.

Dunellen Station will encompass full amenities including a clubhouse, meeting rooms, fitness center and an outdoor pool with patio and entertainment area.

Construction is slated to begin in the summer.