SJP Properties’ Waterfront Corporate Center III: Hoboken, NJ

New Jersey-based SJP Properties has 1.6 million square feet of green real estate under development in the New York City area, including this Class-A waterfront property in Hoboken.

New Jersey-based developer SJP Properties, whose first commercial foray into the Manhattan real estate market at LEED Silver hopeful 11 Times Square is two months ahead of schedule, is also developing the Waterfront Corporate Center III (“WCC III”) across the Hudson River in Hoboken (middle building in the rendering).

Also a speculative office project, the Center will seek an unspecified level of LEED certification at the last commercial development site along Hoboken’s waterfront. The project, adjacent to the Hoboken W Hotel, will feature the standard green LEED features, including low-flow plumbing, recycled-content construction materials, preferred parking for hybrid vehicles, and efficient HVAC systems. The 14-story, 550,000-square-foot building is the third and final property that SJP will develop at the Waterfront Corporate Center, which is already home to a number of Class-A-caliber tenants including Marsh & McLennan, Sumitomo Trust and Banking, and Mizuho Securities.

The WCC III design team includes AMA Consulting Engineers, which is also serving as the consulting engineer at 11 Times Square. SJP now has over 1.6 million square feet of sustainable real estate under development in the New York City metropolitan area; it’s definitely a green developer to keep an eye on as both WCC III and 11 Times Square move forward in 2008.

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