3 ACRES COMPLETES LEASING PROGRAM ON JERSEY CITY’S WEST SIDE
JERSEY CITY, N.J. – 3 Acres, the upscale new rental building on Jersey City’s fast emerging West Side, has completed its leasing program.
Developer 400 Claremont, LLC, along with The Marketing Directors, the building’s exclusive marketing and leasing agent, executed the final lease at the 629-home community in July -- less than six months after opening to the public.
The impressive rental velocity is unprecedented in the burgeoning West Side section of Jersey City which is attracting significant private investment along with infrastructure improvements that are spurring a wave of new modern developments.
The noteworthy success of 3 Acres can be attributed to a mix of well-appointed studio, one- and two-bedroom residences, abundant amenities, and dynamic retail that create an elevated lifestyle experience once exclusive to select downtown Jersey City and Manhattan high-rise rentals.
“When we conceptualized 3 Acres, we envisioned a community that provided a hospitality-inspired lifestyle experience that rivaled signature properties along the New Jersey waterfront and in New York City, but at a much more attractive price point,” said Art Johnson, a principal of 400 Claremont, LLC. “Fully leasing the building in such a short amount of time underscores the appeal of the building and the ongoing growth of the West Side as a new residential destination.”
400 Claremont, LLC worked with its long-time interior design partner Andrew J. Van Etten, along with Marchetto Higgins Stieve Architects, to enhance and deliver its vision for 3 Acres. Working off plans that presented voluminous common space throughout the two-block wide building, Van Ettan went to work on devising an interior design plan that would creatively divide the space into distinct areas for lounging, recreation, work areas and other uses that were comfortable and inviting.
“We wanted to create a series of niche spaces, from intimate work-from-home cubicles to open lounges, that would take advantage of the vast amount of square footage while avoiding a sense of being in a banquet hall,” said Andrew Van Etten. “We drew from hospitality concepts to provide areas for a mix of activities and atmospheres punctuated by interesting architectural details and finishes.”
Spread throughout 70,000 square feet, the impressive amenity offering and social spaces include an attended lobby with a waterfall, conference room, work pods, a chef’s table with demonstration kitchen, multi-sport simulator and screening room, resident lounge with a 2,200-gallon saltwater aquarium, and a game room with a mini bowling alley, ping pong, shuffleboard, pinball and arcade games. There’s also a state-of-the-art fitness center and infrared saunas, while on-site musical entertainment emanates from a Steinway Spirio digital grand piano in one of the lounge spaces that self-plays pieces from a vast library of musical content, as well as simulcasts live performances from great pianists around the world.
Extensive outdoor space is highlighted by a rooftop terrace with BBQs, dining areas, community garden, and a dog run, and three distinctive outdoor courtyards feature a pool and sundeck with jacuzzi, cabanas, and loungers, zen garden, outdoor Yoga, bocce, chess, and ping pong.
The development and design team incorporated industrial elements to embrace the character of the neighborhood, including polished concrete and brick and metal work throughout the common areas that are balanced by vinyl plank flooring with a hardwood appearance to create a balanced, warm aesthetic. Exposed ceilings accent the building’s onsite Three Thirds Café coffee shop and Table at 3 Acres restaurant.
“This developer is all about creating a wow factor, but also understands design and the need to provide spaces that are inviting and functional,” said Van Etten. “It’s a collaborative, creative effort that is fluid throughout the process to deliver the best possible results.”
For more information on 3 Acres, please call 201-733-3000 or visit www.3AcresJC.com. The building is located at 400 Claremont Avenue, Jersey City, NJ 07304.