FORT WASHINGTON, PA – Jefferson Apartment Group JAG) and equity partner CP Capital announce the delivery of J Veridian at Upper Dublin, a 310-unit Class A community on 14 acres in Fort Washington, Pennsylvania, a Philadelphia suburb in Montgomery County.
The community, located at 1125 Virginia Drive, spans three 5-tale buildings situated among 8 acres of open space. A pedestrian promenade makes a walking path that connects each building. It also connects to existing walking and biking trails in Fort Washington and provides access to adjacent retail.
Residents will delight in 12,000 square feet of indoor amenities anchored by a grand clubroom and bar. Other features include a game area with billiards, shuffleboard and arcade gaming; a lounge with a double-sided fireplace; a poker room; leading-edge fitness center; resident movie theater; private dining room; and co-working area with soundproof office pods.
Outdoor amenities are just as extensive. Two pickleball courts, a dog park with separate areas for large and small dogs, and community garden plots are bonus features alongside a resort-style courtyard area with swimming pool, grilling stations, fire pits, abundant lounge areas, and multiple pocket parks.
J Veridian at Upper Dublin pulls out all the stops for resident life and is a wonderful addition to a sought-after suburb of Philadelphia, said Drew Chapman, JAG Senior Vice President and Development Partner. Our partners at CP Capital recognized the strength of this development opportunity, and we re excited to deliver on the vision for this fully-amenitized community with them.
Unit options range from 1- to 3-bedroom floorplans, with each reflecting JAG s luxury standard to include top-line quartz countertops, stainless steel appliances, tile backsplashes and plank flooring throughout.
The community also provides surface parking, private garage options, and EV charging stations.
JAG is a proven leader in East Coast multifamily, and we are pleased to have forged a new partnership with them for J Veridian at Upper Dublin, said Jay Remillard, Co-Head at CP Capital. It s a standout development in a prime location with a formula for success – simple access to Philadelphia, exceptional schools, major employers, and abundant lifestyle and recreation offerings.
The community s location provides immediate access to the Pennsylvania Turnpike (I-276) and simple accessibility to major employment centers. It s a 20-minute drive to King of Prussia, 30 minutes to Center City, and is only 90 miles to New York City. Residents will also benefit from adjacent retail options including Wawa, LA Fitness, CVS, Walmart, Sam s Club, Sprouts, Lululemon, Chipotle, Chick-fil-A and Starbucks.
This initial delivery is one building, with final delivery expected this spring. Financing was provided by United Bank.
This is JAG s second major delivery in the Philadelphia area in the past year. Rivermark at Northern Liberties delivered this summer on the city s Delaware River waterfront. The long-awaiting community features 470 luxury units across two mid-rise buildings, 45,000 square feet of retail anchored by a 24,000-square-foot Sprouts Farmers Market, and 4 acres of public-use space.
JAG has developed four other multifamily communities in the Philadelphia region: 230 units in West Chester, 250 units in Wynnewood, and 291 units in Exton in Pennsylvania, and 490 units in Mount Laurel, New Jersey. JAG s fifth community in the region broke ground early this year Burlington, New Jersey.

Powered by WPeMatico

NEWPORT, NJ – New York-based real estate developer LeFrak completed the largest solar panel installation on a high-rise multifamily residential building in New Jersey. The Beach, a 336-unit rental tower in Jersey City’s waterfront Newport neighborhood, is now home to a 180kW, 450-panel rooftop system that will offset 13 percent of the building’s carbon emissions, equivalent to the carbon emitted by 179 acres of US forests in one year or removing 37 gasoline-powered cars from the road each year. In the last decade, LeFrak has invested well over $100 million in energy conservation and decarbonization measures throughout its national portfolio, including nearly $1 million to bring this installation to The Beach.
“LeFrak is committed to community development and promoting environmental sustainability,” said Charles Burton, Head of Community Relations for LeFrak. “We’re proud to offer New Jersey’s largest solar installation at a high-rise residential community. This initiative exemplifies our continued dedication to making a well-rounded lifestyle for our Newport residents while doing our part to protect the environment. By integrating sustainable practices like this, we’re helping shape a greener future, not just for our buildings, but for the communities around us.”
“Newport’s commitment to reducing its carbon footprint is a prime example of the smart, sustainable development we strive to achieve citywide,” said Jersey City Mayor Steven Fulop. “A solar panel installation of this size in Jersey City sets the standard for future projects across the state and country. Our thanks to Newport for leading by example as a forward-thinking community within our city.”
The new rooftop system offsets energy produced by electrical systems used in The Beach’s common area spaces, including those that power elevators and lighting, as well as cooling and ventilation in the building’s lobby and amenities. The innovative design of The Beach’s roof and the orientation of the building optimize the amount of solar power generated by the system. The system was installed by Sunkeeper Solar, a Brooklyn-based solar energy company.
“This is exactly what we should be seeing in Jersey City with the expansion of new high-rise residential development and the push for more sustainable development. Solar makes sense on multi-family buildings, and especially because Jersey City is vulnerable to the impacts of climate change, projects like this should become the bar for new development. Going solar saves consumers money, reduces air pollution and makes a more resilient energy grid — solar is a double green amenity,” said Doug O’Malley, Director of Environment New Jersey.
As part of Jersey City’s waterfront Newport neighborhood, made by LeFrak and Simon in the 1980s, The Beach offers 336 studio to four-bedroom rental homes spread across two towers and a collection of thoughtful amenities including a coworking lounge, state-of-the-art fitness center and outdoor pool. The building reached 75 percent leased in just 10 weeks when it opened in 2021 and continues to resonate with renters looking for a full-service waterfront lifestyle. Newport is one of the most successful mixed-use master-plotted developments in the country and represents a sought-after approach to urban living with its collection of high-quality residential developments, neighborhood-serving retail and plentiful outdoor amenities all situated along the Hudson River waterfront.
LeFrak continues to champion sustainability initiatives throughout their communities and developments across the country. Last year, LeFrak partnered with electric vehicle-sharing platform Envoy to offer Newport residents exclusive car-sharing benefits and access to a fleet of on-site electric vehicles, representing Envoy’s first expansion into New Jersey.
LeFrak’s sustainability efforts also stretch into Queens, New York, where the developer partnered with Blueprint Power to enhance energy efficiency at its 20-building residential development LeFrak City. Supported by a $3 million grant from NYSERDA, this initiative helped transform LeFrak City into a clean energy hub by integrating solar panels and over 150 EV charging stations. LeFrak also participated in New York State’s Empire Building Challenge, through which they completed a significant decarbonization of 59-17 Junction Boulevard, a 20-tale commercial building in Queens. Valued at $19.7 million, the measures aim to reduce site energy use by over 33 percent, resulting in the overall reduction of onsite fossil fuels by 2035. This initiative highlights the intersection between decarbonization and resiliency, in which necessary upgrades can be leveraged to integrate low-carbon solutions and safeguard critical building systems from future climate impacts.

Powered by WPeMatico

CHARLOTTE, NC – Flournoy Development Group announced the completion of Ellison Mallard Creek, a premier mixed-use community in Charlotte’s rapidly expanding University City submarket. The newly finished development delivers a thoughtfully crafted living experience with 341 modern multifamily units, 56 for-rent townhomes, and flexible ground-floor retail, office, and commercial spaces within a walkable “Main Street”-style streetscape.
This premier community integrates best-in-class amenities, including a spacious central greenspace, resort-inspired pool and entertainment courtyard, communal and private co-working spaces, state-of-the-art fitness and wellness center, and specialty spaces such as a leisure activity/craft studio and an elevated resident club room featuring gaming and grab-and-go market areas. Designed to foster connection, relaxation, and convenience, Ellison Mallard Creek joins Flournoy’s Ellison premier multifamily brand to set a new standard for rental living in Charlotte’s burgeoning University area.
“Charlotte’s University City region continues to flourish, driven by corporate investment, educational growth, and strong residential demand,” said Ryan Foster, Senior Vice President of Development at Flournoy Development Group. “We are thrilled to introduce this vibrant community, which exemplifies our commitment to delivering exceptional living environments that enrich the surrounding neighborhood.”
Located in one of Charlotte’s largest employment centers, Ellison Mallard Creek provides residents with unparalleled connectivity to key business, commercial, and academic hubs. Residents delight in immediate access to I-85 and I-485 and close proximity to the JW Clay Blue Line Station, offering direct light rail service to Charlotte’s key employment and entertainment hubs.

Powered by WPeMatico