{"id":1004128042,"date":"2015-09-24T05:48:34","date_gmt":"2015-09-24T13:48:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004128042"},"modified":"2020-05-11T21:57:59","modified_gmt":"2020-05-12T05:57:59","slug":"s-hekemian-builds-big-in-upscale-nj-neighborhood","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/s-hekemian-builds-big-in-upscale-nj-neighborhood\/","title":{"rendered":"S. Hekemian Builds Big in Upscale NJ Neighborhood"},"content":{"rendered":"

By Scott Baltic, Contributing Editor\"DePiero\"<\/a><\/em><\/p>\n

As of this morning, the S. Hekemian Group has broken ground for The Shoppes at DePiero Farm, a $125 million, 225,000-square-foot lifestyle retail center on a 28-acre site in Montvale, N.J., a project that’s been involved in a lawsuit since February<\/a>. The mall will be anchored by a 140,000-square-foot Wegmans Food Market.<\/p>\n

Other tenants committed to The Shoppes at DePiero Farm include The Habit Burger Grill, Chipotle, Ulta Beauty, European Wax Center, Starbucks, 1808 Fine Men\u2019s Barber, Urban Place Farm to Table, FedEx\/Kinko\u2019s, and Not Your Average Joes, a Hekemian spokesperson told Commercial Property Executive<\/em>.<\/p>\n

\u201cThis market is particularly known for its extremely high demographics, with some of the highest household income levels in the state,\u201d senior managing director Peter Hekemian said in a prepared statement.<\/p>\n

When completed, The Shoppes at DePiero Farm reportedly will feature architecture and landscape and hardscape designs inspired by the farming and equestrian heritage of the site and the surrounding region. The center will feature cutting-edge green design, including a vegetative roof on the junior anchor building to provide insulation, reduce storm-water runoff and form a wildlife habitat. Other eco-features will include low-impact development methods, six electric vehicle charging stations, walking and biking paths, and exterior lighting designed to comply with Dark Sky practices (reducing light pollution).<\/p>\n

\u201cThis project will provide residents and corporate professionals with a highly designed place to gather, shop and dine,\u201d Hekemian said in the statement. \u201cIt is a suburban development designed as a walkable town center, which is exactly what today\u2019s young professionals want \u2013 an urban feel. This project is designed to create a sense of place. With its new open-air style, we\u2019ve come full circle in our effort to create a \u2018downtown,\u2019 a place to congregate.\u201d<\/p>\n

\u201cPreliminary setup work has started this week. The work in earnest starts next week and the week following,\u201d Hekemian told CPE<\/em>. \u201cThe next step is to hand off the building pad to Wegmans in the spring. The first phase of the project will open 15 months thereafter.\u201d<\/p>\n

Silbert Realty & Management will be the property\u2019s exclusive leasing agents.<\/p>\n","protected":false},"excerpt":{"rendered":"

The North Jersey-based high-quality developer has broken ground on a controversial project close to home.<\/p>\n","protected":false},"author":882,"featured_media":1004128045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,11,21742,10,21749],"tags":[],"class_list":["post-1004128042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-midatlantic","category-latest","category-northeast","category-retail"],"acf":[],"yoast_head":"\nS. 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