Financing Secured For 364-Key Hotel Project At Port Imperial Ferry Terminal, Weehawken
Roseland, a branch of Mack-Cali Realty Corporation, has landed $94 million to build a 364-key hotel development at 500 Avenue At Port Imperial, in Weehawken, New Jersey. According to Real Estate Weekly, the project will include a 210-key Renaissance hotel and a separate 154-key Residence Inn, both to be operated by Marriott. The hotel will be built atop an existing multi-level parking garage, and 15,000 square feet of outdoor space is planned on the sixth floor. Completion is expected near the end of 2017.