Private equity firm Eastone Equities has announced the launch of Harrison Yards, a sprawling, multi-phase development in the downtown neighborhood of Harrison, New Jersey. Described as a “transit-oriented” mixed-use project, Harrison Yards is located near the recently renovated Harrison PATH station and will deliver 640 apartments with amenity space, 16,000 square feet of retail, and over 600 parking spaces.
“We are very excited to announce a new residential destination in an incredible, vibrant neighborhood with great places to live, dine, play, and enjoy life,” said Eastone Equities director of investments, Haoran Hu. “It will help solidify Harrison Yards’ position as a prime residential community with condo-level finishes at a more affordable rental price point.”
Phase one of Harrison Yards is already 75 percent complete and is expected to open later this Spring. This portion of the development will include 205 apartments and over 8,000 square feet of retail. An amenity package will include a rooftop garden, fitness center, pet-friendly areas, and private parking.
The second phase, expected to break ground in Q1 2020, will deliver 435 apartments as well as an additional 8,000 square feet of retail. Anticipated completion is scheduled in the second quarter of 2022.
The Marketing Directors will exclusively operate the onsite leasing office for the first phase.