{"id":1004074463,"date":"2013-05-21T06:03:01","date_gmt":"2013-05-21T14:03:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004074463"},"modified":"2022-12-08T09:47:18","modified_gmt":"2022-12-08T17:47:18","slug":"mill-creek-breaks-ground-on-m-f-project-in-morristown-nj","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\/","title":{"rendered":"Mill Creek Breaks Ground on M-F Project in Morristown, NJ"},"content":{"rendered":"<p><em>By Scott Baltic, Contributing Editor <\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004074469\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\/south-east-3d-corner-view-update-041712\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg\" data-orig-size=\"800,533\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"South East 3D Corner View Update 041712\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg?w=800\" class=\"alignleft size-medium wp-image-1004074469\" title=\"South East 3D Corner View Update 041712\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg?resize=768,512 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Mill Creek Residential Trust, of Dallas, will hold a groundbreaking ceremony in Morristown, N.J., today for the 268-unit first phase of Latitude, a luxury apartment development. The project reportedly is the first large-scale residential development to be undertaken in Morristown in almost four years. The building\u2019s cost has not been disclosed.<\/p>\n<p>The 258,300-square-foot first phase will comprise studio and one-, two- and three-bedroom rental homes and a 350-space parking garage incorporated into the structure. The project\u2019s location, at Early Street and Speedwell Avenue, is walking distance from downtown Morristown.<\/p>\n<p>Apartments will feature 9-foot ceilings, walk-in closets, patios\/balconies (in select residences), lofts (in select residences), washers and dryers, granite countertops and energy-efficient stainless-steel appliances. Amenities planned for Latitude include a fitness center outfitted for cardio, strength, spin and yoga; a rooftop deck; lounge with fireplace; business center; and game room.<\/p>\n<p>Despite the community\u2019s upscale nature, 26 deed-restricted, affordable rental apartments also will be part of the first phase.<\/p>\n<p>Initial occupancy for Latitude is planned for next year.<\/p>\n<p>The project\u2019s second and third phases will add more residential units, as well as non-residential uses, both designed to blend with the existing architecture along Speedwell Avenue, Rich Murphy, managing director with Mill Creek, told <em>Commercial Property Executive<\/em>.<\/p>\n<p>Latitude is roughly half a mile from the Morristown station on New Jersey Transit\u2019s Morristown (Green) Line; commuter trains run from there to Hoboken Terminal or directly to New York\u2019s Penn Station.<\/p>\n<p>When the New Jersey Department of Transportation established its Transit Village Initiative in 1999, Morristown was one of the first municipalities to join.<\/p>\n<p>The median age of Morristown\u2019s approximately 18,500 residents is not quite 35, and one-third are foreign-born, according to the U.S. Census Bureau. The median household income is estimated at $62,600, though 13.2 percent of Morristown residents are below the poverty line.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mill Creek Residential Trust is holding a groundbreaking ceremony in Morristown, N.J., today for the 268-unit first phase of Latitude, a luxury apartment development. <\/p>\n","protected":false},"author":882,"featured_media":1004074469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,11,21742],"tags":[],"class_list":["post-1004074463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-midatlantic","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mill Creek Breaks Ground on M-F Project in Morristown, NJ - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mill Creek Breaks Ground on M-F Project in Morristown, NJ\" \/>\n<meta property=\"og:description\" content=\"Mill Creek Residential Trust is holding a groundbreaking ceremony in Morristown, N.J., today for the 268-unit first phase of Latitude, a luxury apartment development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-21T14:03:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T17:47:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/05\/South-East-3D-Corner-View-Update-041712.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"Mill Creek Breaks Ground on M-F Project in Morristown, NJ\",\"datePublished\":\"2013-05-21T14:03:01+00:00\",\"dateModified\":\"2022-12-08T17:47:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/\"},\"wordCount\":320,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/05\\\/South-East-3D-Corner-View-Update-041712.jpg\",\"articleSection\":[\"Development\",\"Mid-Atlantic\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mill-creek-breaks-ground-on-m-f-project-in-morristown-nj\\\/\",\"name\":\"Mill Creek Breaks Ground on M-F Project in Morristown, NJ - 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