Local and state officials joined Avalon Bay Communities and Twp. Of Union department heads to celebrate the ground breaking of “Avalon Union” –the newest apartment homes, as well as townhomes for lease on the corner of Vauxhall Rd. and Stahuber Drive.
Mayor Manuel Figueiredo and Senior Vice President Ron Ladell kicked off the Ground Breaking Ceremony by shoveling the first scoops of dirt. Mayor Figueiredo talked about the impact this development will have on the community. "First, this will bring a ratable to an empty property that we’ve had for many years. Secondly it's going to bring a wonderful project to enhance our town. As people drive by and see this eye appealing project, it will increase our residential portfolio with a luxury environment for our residents."
“Avalon Union” will consist of one-, two-, and three-bedroom apartment homes, as well as two-, and three-bedroom, townhomes for lease starting late 2015. A few amenities that are included are: a state-of-the-art fitness center, swimming pool, and landscaped courtyards with grilling stations throughout, pet-friendly dog park and play area for children.
Senior Vice President Ladell complemented the Township of Union. “As a result of [the] cooperation and a common goal between us and Union, we are likely to turn the Clubhouse open sometime in last September early October and units will be delivered around 30 days thereafter.”
AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we’ve established a leadership position rooted in building value for the long term.