(NEW BRUNSWICK, NJ) -- Pennrose, a leader in multifamily development and management, is pleased to announce that Premiere Residences, a luxury residential tower located in the heart of New Brunswick’s growing arts and culture scene, is now open and leasing is underway. The residential tower rises above the New Brunswick Performing Arts Center (NBPAC), the 450,000-square-foot development boasting two world-class theater venues, rehearsal space, and 30,000 square feet of office space.
In addition to being just steps away from the burgeoning arts and culture district, residents will enjoy a number of best-in-class amenities, including a rooftop pool and deck, penthouse sky lounge, outdoor fire pit, demonstration kitchen, karaoke room, state-of-the-art fitness center with yoga studio, billiard room, residents lounge, co-working and private meeting spaces. Twenty-four-hour concierge service, on-site parking, package lockers, and bike storage are also available.
“New Brunswick Performing Arts Center solidifies downtown New Brunswick as a cultural hub and will spur further economic development and commerce in the region,” said Richard Barnhart, Chairman and CEO of Pennrose. “Premiere Residences was designed with a ‘live, work, play’ lifestyle in mind, and we are thrilled residents can move in and experience the fantastic location and amenities of their new home.”
The modern residences feature stainless steel, ENERGY STAR® appliances, in-home washer and dryer, spacious closets along with movable kitchen islands and panoramic views in select apartments. Studio, one- and two-bedroom apartments are available starting at $1,995. The developers tapped The Marketing Directors as the exclusive marketing and leasing agent, which launched the leasing of Premiere Residences from an on-site leasing office and with fully-furnished model homes.
A portion of the residences are designed to support the local artistic community. Pennrose has partnered with The Actors Fund to help market apartments to actors, musicians, dancers and other theater support personnel.
NBPAC includes The Elizabeth Ross Johnson Theater and The Arthur Laurents Theater and will be home to Crossroads Theatre Company, American Repertory Ballet, George Street Playhouse and Rutgers University Mason Gross School of the Arts.
The NBPAC redevelopment is part a public-private partnership, including Devco, Pennrose, the City of New Brunswick, Middlesex County, New Jersey Economic Development Authority, New Brunswick Cultural Center, Rutgers University and New Brunswick Parking Authority. Pennrose and Devco served as co-developers for the entire complex.
With more than 40 years of experience, Pennrose combines quality development and proven management to deliver exceptional lifestyle-centered communities for its residents. With the superior knowledge and unparalleled dedication to get the job done right, Pennrose develops and operates both conventional and affordable communities throughout the Eastern and Midwestern portion of the United States.
