May 6, 2004

NEW SENIOR HOUSING RISES IN RAHWAY

Two new senior housing developments in Rahway will add nearly 300 new housing units for seniors when they are completed next year.

Along East Hazelwood Avenue, Rosegate will address the growing need for senior housing in the region (a specific need identified in the city’s Housing Element and Master Plan) with 150 rental apartments, a variety of residential services, and a community garden, for all the residents to tend themselves. Rosegate Associates is the partnership between Community Investment Strategies and Procida Realty Construction Corporation, and brings many years of quality construction and aesthetically appealing design to various residential communities throughout New Jersey.

“Rosegate meets Rahway’s growing demand for quality senior housing for our residents, who for various reasons outgrow their homes and want to stay within their community,” said Mayor James J. Kennedy. “The East Hazelwood Redevelopment Zone is the ideal place for this too since it fits our overall growth strategy for the city, which recently saw the construction of the new Agape Family Worship Center in the same neighborhood and the new library and new recreation center in the downtown.”

There will be 134 one-bedroom apartments with rents ranging from $740 to $900, and 16 two-bedroom units ranging $880 to $950. The size of the units ranges from 650 to 835 sq. ft. Amenities will include air conditioning, appliances, and ample closet space. Rosegate will also feature a community center/meeting room, fitness center, wellness room, multiple lounges, a library and laundry facilities. Administrative offices will also be onsite.

The former Huffman Koos site on St. Georges Avenue will also give way to a new 150-unit market-rate senior housing complex known as Park Terrace. This luxury development will feature broadband Internet access, security system, exercise facility, library, recreation room, off-street parking, easy access to local highways and is adjacent to the Rahway River Parkway county park. It is being constructed by Atlantic Realty Development Corporation of Woodbridge.

“Both Rosegate and Park Terrace meet our need to provide additional housing for our seniors,” said Kennedy. “As the Baby Boomers enter retirement, we are finding that they want to remain active members of their hometown and spend more quality time with their children, grandchildren, friends and other loved ones. These two developments will help fulfill those wishes and provide quality residences for seniors for years to come.”

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Park Terrace (732) 396-0007
Rosegate (609) 424-3115