$2.5B riverfront development would transform brownfield

SAYREVILLE — A real estate company on Monday said it plans to build what it believes is the largest mixed-used development site in New Jersey history in the township.

North American Properties, which described itself as a multi-regional real estate operating and development company, said it plans to build the 418-acre waterfront redevelopment on the Raritan River for $2.5 billion.

The project, which is being dubbed “Riverton,” is slated to be built at the former National Lead Industries property, commonly known as the Dutch Boy paints plant, and is a joint venture with New Jersey-based PGIM Real Estate.

The development, the company …read more

Source: NJ.com Middlesex

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