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Jul. 19, 2013

Hoboken’s Park Place Captures Smart Growth Gold Award

Park Place thumbnailBy Jeffrey Steele, Contributing Writer

Hoboken, N.J.—Park Place, a 212-unit mixed-use development currently under construction in Hoboken, N.J., has been awarded a 2013 Smart Growth Gold Award, bestowed by the Hudson County Planning Board. Bijou Properties, developer of Park Place and a leader in green building development along the Hudson Waterfront’s Gold Coast, made the announcement.

Bijou Properties accepted the award during the Fourth Annual Smart Growth Awards ceremony on June 19. Candidates for the award were judged on criteria that included site selection, site design and proposed green infrastructure, and came from a number of sources, including the American Planning Association, the U.S. Green Building Council (USGBC) and NJ Future.

Park Place is a $131 million, 12-story building at 1415 Park Ave. on Hoboken’s north end. In addition to its apartments, it will offer 13,000 square feet of retail space, 32,000 square feet of educational space and a six-level parking garage.

Bijou Properties is working in partnership with the AFL-CIO Building Investment Trust (BIT) and Tishman Construction to make Park Place a reality. The building was designed by Marchetto Higgins Stieve.

Park Place is on pace to be Bijou Properties’ third USGBC LEED-certified building in Hoboken. It will include an assortment of innovative, environmentally sensitive features to keep its impact on the environment to a minimum.

For example, a vegetated roof terrace will reduce storm water runoff, and a combined heat and power (CHP) module will produce hot water and electricity using a single natural gas fuel source. The building will also offer 12 charging bays for electric cars, as well as spaces for more than 100 bicycles.

In conjunction with a high performance building envelope and the CHP module, the heating, cooling and lighting designs target a 20 percent reduction in energy usage, based on industry standard comparisons.

Residences will include energy-conscious features such as Energy Star appliances, low-flow fixtures and zero VOC paints.

Finally, 100 percent of usable concrete from the demolition of the parking garage previously occupying the site was processed onsite, diverted from landfills and used as back-fill, reducing truck traffic around the construction site.

“Park Place reflects our commitment to utilizing advanced, eco-friendly building practices and systems to create new properties that respect the environment and lifestyles of the community at large,” says Lawrence Bijou, managing partner of the 14-year-old, Hoboken-based Bijou Properties. “We’re delighted that the Hudson County Planning Board has recognized Park Place as a model for what should become standard principles of development in our cities today.”

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