BOUND BROOK, NJ—The groundbreaking ceremony for The Rail at Bound Brook, a 143-unit class-A multifamily community, marked a significant milestone in the revitalization of Bound Brook, NJ. Executives from Denholtz Properties and Redwood Real Estate Group, accompanied by representatives from the Borough of Bound Brook, gathered to celebrate the event.
The Rail at Bound Brook is strategically located at 100 Hamilton St. in downtown Bound Brook, and it joins Denholtz Properties' esteemed 'Rail' collection of transit-oriented multifamily communities.
The prime location of The Rail at Bound Brook is one of its standout features. Adjacent to the Brook Arts Center and within walking distance of the Bound Brook train station, this development promises an in-demand residential experience in Somerset County. The modern design of the building, crafted by Minno & Wasko, showcases meticulous attention to detail and sets the stage for luxury living in Bound Brook.
Steven Denholtz, CEO of Denholtz Properties, expressed his excitement for the project, stating, "The Rail at Bound Brook's unmatched location, meticulous design, and impressive amenity package will set a new standard for luxury living in Bound Brook." Denholtz Properties is dedicated to contributing to the revitalization of the neighborhoods they serve, and they believe this investment will attract new residents who want to experience all that Bound Brook and Somerset County have to offer.
The Rail at Bound Brook offers a diverse range of units, including studios, one-bedroom, one-bedroom plus den, and two-bedroom apartments. These units are designed to meet the needs of post-COVID-19 living, with extra work-from-home spaces and outdoor balconies and terraces in select units. Furthermore, the six-story building will feature an array of amenities, such as a spacious courtyard with outdoor grills and seating, an indoor fitness and yoga studio, a game room, and bike storage.
The emergence of Bound Brook as a thriving community follows the completion of The Army Corps of Engineers' $143 million flood control project in 2016. The successful mitigation of flooding has paved the way for significant real estate investments and redevelopment efforts in the borough. Bound Brook has been designated as a Transit Village, and the State of New Jersey has allocated $2.2 million for the creation of a pedestrian plaza near the entrance of The Rail at Bound Brook, further enhancing the area's appeal to potential residents and investors.
The Rail at Bound Brook adds to Denholtz Properties' expanding portfolio of premier multifamily communities across the United States. Their recent project, The Rail at Red Bank, has already transformed the surrounding area with its 57 residential units and 7,500 square feet of ground-level retail space near the Red Bank Train Station. Additionally, Denholtz Properties has expanded its presence in the southeast with the acquisition of 5150 JB Drive Apartments in Murfreesboro, Tennessee (384 units), and Vida Apartments in Kannapolis, North Carolina (289 units).
With the groundbreaking of The Rail at Bound Brook, Denholtz Properties and Redwood Real Estate Group continue their commitment to providing exceptional living experiences while contributing to the revitalization and growth of communities across the country.