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Berkeley
Heights, NJ – April 2025 / NewsmakerAlert: The
Connell Company, one of the largest diversified, privately held corporations
in the U.S., has unveiled plans for Round
Table (RT) Residences, located at The
Park, New Jersey's newest destination neighborhood. RT Residences will
be comprised of two luxury residential rental buildings - RT500 with eleven
stories will include 179 units, while RT600 with eight stories will include
149 units. Each building will feature luxe resort-style outdoor pools,
entertainment lounges, game rooms, co-working spaces and state-of-the-art
fitness centers, along with a wide range of hospitality-based amenities
and concierge services utilized throughout The Park.
As
part of an elevated lobby experience, RT500 will be connected to Cafe Exchange,
a unique coffee shop concept that is also open to the public. Cafe Exchange
will feature hand-crafted beverages, a variety of food selections, live
entertainment, art installations featuring local artists, a book exchange
program and an evening wine bar. The 6,000-square-foot space will provide
a central location for the community to come together and socially connect,
outside of their homes, work, and technology.
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“We're
building an urban, walkable, downtown community within a suburban setting
at The Park and a critical piece of this model is our residential buildings,”
said Shane Connell,
Executive Vice President at The Connell Company. “By creating luxury resort-style
residences on site, we're ensuring that all residents can experience everything
The Park has to offer, such as world class restaurants, large parks and
open spaces, and high-end amenities all in one campus.”
Designed
by Minno & Wasko Architects and Planners and David M. Sullivan Inc.,
RT Residences units will include a mix of studio, one and two-bedroom luxury
apartments. Each residence will feature contemporary stylings and neutral
tones. Floor to ceiling windows in each unit will create an abundance of
natural light, while wood plank flooring and quartz countertops provide
a modern flair.
RT
Residences are part of a $500 million redevelopment of The Park, transforming
the traditional office park into a destination neighborhood. Recent milestones
at The Park include the renovation of the original office spaces to a modern
hospitality-centric work resort, and construction of an entertainment building
in The District at The Park, which will include a brewery, steakhouse,
duckpin bowling and more.
The
Park is already home to 1.5 million-square-feet of class A offices that
host companies like Blackstone, Samsung, and Aon, as well as a 176-room
Embassy Suites hotel, FIELDHOUSE, a luxury fitness and wellness facility,
Grain & Cane Restaurant, Starbucks, Life Time Fitness, outdoor walking
and jogging trails, and co-working social club Round Table Studios.
RT
Residences are slated to begin leasing in February 2026. Rents are anticipated
to begin at $2,493. For any residential leasing inquiries please reach
out to RTResidences@TheParkatNJ.com.
To
learn more about RT Residences at The Park, please visit: www.TheParkAtNJ.com/residences.
About
The Park
The
Park, formerly known as Connell Corporate Park, is undergoing a $500
million repositioning to bring an urban energy and community to the suburbs.
The Park is situated on a walkable, 185-acre campus with a 176-room Embassy
Suites Hotel, 112,000-square-foot Lifetime Fitness center and over 1.5
million-square-feet of work resort offices, flexible workspaces and collaborative
lounges all anchored by a hospitality, culinary, and wellness culture.
The Park is currently adding The District at The Park, which will include
328 luxury apartments and 185,000-square-feet of restaurants and entertainment
retail, bringing the whole campus together into one vibrant destination.
To learn more about The Park, please visit: www.TheParkAtNJ.com.
About
The Connell Company
The
Connell Company, founded in 1926, is one of the largest diversified,
privately held corporations in the United States. Since its inception,
there have been five generations of the Connell family owning and involved
in the business. Over its nearly 100 years in business, Connell has evolved
from a commodities-based organization to a real estate and finance-based
firm. To learn more about The Connell Company, please visit: www.ConnellCo.com.
Company
Contact:
Shane
Connell
EVP,
The Connell Company
908-673-3700
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