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Nexus Properties Cuts Ribbon on Largest Phase of Rowan Boulevard Development

Joined by New Jersey Senate President Steve Sweeney, Glassboro Mayor Leo  McCabe, Rowan University President Ali Houshmand, and Gloucester County  Freeholder Heather Simmons, Nexus Properties celebrated the official ribbon  cutting of the largest phase of Rowan Boulevard, known as A3.

The A3 development – part of Glassboro’s transformative multi-phase  redevelopment called Rowan Boulevard – is composed a unique mix of luxury  student and market-rate apartments, retail and office space, state-of-the-art  classrooms and a multi-level parking garage. The opening represents perhaps the  most significant milestone to date in the $400-million “public-public-private”  development initiative, which has already established a magnetic,  inter-generational town center serving to even more closely link the burgeoning  Glassboro community and Rowan University, one of the fastest-growing  institutions in the nation.

The A3 phase includes:

  • 230 Victoria, a six-story, 195,000-square-foot building,   which includes 413 student beds, a 17,700-square-foot fitness center, 30,000   square feet of office and classroom space, and 14,600 square feet of   ground-floor retail space
  • 223 West High Street, a four-story, 70,000-square-foot   building, which includes 144 student beds and 14,000 square feet of   ground-floor retail space
  • Park Place South, a four-story, 70,000-square-foot   building, which includes 37 luxury apartments – available to non-students –    and 14,400 square feet of ground-floor retail space
  • Mick Drive Parking Garage, a 934-space parking structure   located directly adjacent to 230 Victoria, 223 West High Street, and Park   Place South

In total, the A3 development encompasses more than 336,000 square feet across  four acres, serving as a direct extension of the already-bustling Rowan  Boulevard, which anchors Glassboro’s emerging downtown.

“Today’s ribbon cutting is a celebration, not just of a state-of-the-art  mixed-use development, but of the ambitious vision for Rowan Boulevard as a  whole,” said Nexus Properties’ COO Dante Germano. “The A3 phase is a centerpiece  of what has become one of the most exciting and dynamic downtown settings  anywhere in the region. The addition of these new residences, classrooms, and  retail helps to solidify Rowan Boulevard’s growing reputation as one of  country’s preeminent town-and-gown destinations, serving both students and the  broader community.”

A3’s new student and luxury residences are located just steps from  Glassboro’s newly opened Town Square, along with Rowan Boulevard’s myriad dining  and shopping options, including the Barnes & Noble University Bookstore and  the newly opened Chickie & Pete’s restaurant.  The project continues an  innovative model in which private developers, led by Nexus Properties, have  joined with Rowan University and the Borough of Glassboro to conceive a  city-style walkable hub that serves both as a nucleus for the university and a  destination for surrounding residents.

“I stand proudly with my fellow Council members in celebrating the completion  of this phase of the Rowan Boulevard redevelopment project.” said Glassboro  Mayor Leo McCabe.  “These walkways provide critical linkages  throughout Downtown Glassboro and will help create a safe and attractive  connection between the college campus and the businesses located Downtown. This  is another important step in the ongoing effort to improve both the student and  the consumer experience in Downtown Glassboro.”

Students living on Rowan Boulevard have access to a rare combination of  quality design and proximity to campus. Each new residence offers “suite-style”  living, with an amenity package akin to today’s most in-demand luxury living  options, including: A state-of-the-art fitness center, free Fios wi-fi, package  concierge, spacious community lounge areas, stainless steel appliances, full  size washers and dryers, and 42-inch smart TVs in each room.  Students also  have access to indoor parking for cars and bicycles.

The new student residences open during a period of immense growth for Rowan  University. As the region’s leading public research university, Rowan’s  enrollment has grown by more than 7,000 since 2011 to enroll more than 18,000  students this fall. While distinguished as one of only two institutions in the  nation with medical schools granting both M.D. and D.O. degrees and ranked as a  Carnegie-classified research university, Rowan remains dedicated to  undergraduate higher education, with students’ residence life a critical part of  the undergraduate experience. A3 includes modern classroom space specifically  designed for Rowan University’s College of Communication and Creative Arts.

“Rowan’s vitality and ability to serve as a leading public university comes  from our commitment to serve our region through creative, ambitious, practical  partnerships,” said Ali A. Houshmand, president of Rowan University.   “Through the Rowan Boulevard development, Rowan University, Glassboro and  Nexus, as well as other private investors and developers, have created a truly  unique city-scape that is a national model for town-gown growth—a win for all  involved.”

While Rowan Boulevard’s continued realization has undoubtedly been a boon for  Rowan University, it has also proven to be a magnet for residents and  professionals throughout the region. Retailers at Rowan Boulevard are open  year-round, offering an assortment of restaurants, shops, health & beauty  services, and more. Additionally, demand has been strong for the development’s  non-student luxury apartments, as more than 30 of Park Place South’s 37  apartments have already been leased. In 2015, Nexus Properties opened 220 Rowan  Boulevard, a 316,000-square foot mixed-use building which includes retail,  medical facilities, student housing, and 57 luxury apartments; each of its  non-student apartments are fully occupied.

A3 represents the second-to-last component of the Rowan Boulevard  redevelopment project, which is composed of four core phases spanning through  2018.

Reposted from https://njbmagazine.com/njb-news-now/nexus-properties-cuts-ribbon-largest-phase-rowan-boulevard-development/