NEW BRUNSWICK New Brunswick will get yet another high-rise building, with the city last week approving construction of a 16-story commercial and residential complex across from Robert Wood Johnson University Hospital on Somerset Street.

Boraie Development will replace eight homes the company owns with the high-rise, which will include 8,800 square of retail space, 247 parking spaces on four floors and 12 floors of apartments with 238 units.

The city planning board granted three variances for the 159-foot-tall building, 9 feet above zoning limits, which will be situated on a 110-foot-wide lot, 40 feet less than the zoning requires.

The building also will a 7-foot-wide side yard, 3 feet less than required.

From its address at 135 Somerset St., the project will extend back one block to Condict Street.

Planning board members granted the variances and site plan approvals in a four-hour meeting this month that drew an audience of about 25 people, said Glenn Patterson, city director of planning and development.

"Its across the street from the hospital and medical school training facility, a block and half from the train station, a couple blocks from Rutgers University and from the new supermarket," Patterson said.

The building will also be about a block from the Gateway Center on Easton Avenue, with retail business, 40,000 square feet of office space and 42 condominiums and 150 apartments, including 30 affordable-housing units.

The project additionally is about a half-mile from Boraies 25-story mixed-use tower at 1 Spring St., which was built in 2006 and houses retail and condominiums.

For the Somerset Street building, the developer is eligible for urban transit tax credits from the state Economic Development Authority.

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16-story complex to rise above New Brunswick

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March 25, 2012 at 11:55 am by Mr HomeBuilder
Category: Retail Space Construction