New Jersey

The District at 1515

PARSIPPANY, N.J. — A partnership between Los Angeles-based PCCP LLC, Claremont Development and Stanbery Development will build The District at 1515, a 498-unit project in the Northern New Jersey community of Parsippany. Residential amenities will include a pool, fitness center, lounge area, conference center and a pet spa. The four-building development will include 58,866 square feet of retail space that will be marketed to a mix of full-service and fast-casual restaurants, as well as fitness users and soft goods merchandisers. Completion is slated for early 2025.

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JEFFERSON, N.J. — Locally based developer Diversified Properties has acquired two lots totaling 9.8 acres in the Northern New Jersey community of Jefferson for the construction of a new multifamily project. Phase I of the project, which will be known as Jefferson Place, will total 32 units. Residences will be available in one- and two-bedroom floor plans and will range in size from 855 to 1,216 square feet. Amenities will include a fitness center, and an outdoor lounge with grilling and dining stations. Details of Phase II were not disclosed. …

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