Pulse: Project News for the Week of August 3, 2020
New Jersey Real Estate Opportunity Investments has proposed building Burlington Dream, a mixed-use project, on a 26-acre site on the Delaware River that was formerly the site of a U.S. Pipe & Foundry plant, as well as the McNeal mansion. The project includes a 75,000-sq-ft indoor water park and connected 250-room to 350-room resort hotel; a riverfront promenade with outdoor dining and shopping; an arts and culture district with galleries, museums and a farmers market; a performing arts space; a convention center; boat docks; and up to 360 market-rate apartments or condominiums. The project is valued at $75 million. Real Estate Opportunity Investments, Attn: Tom Maoli, Principal, 130 State Route 10, Whippany, 07981. DR#18-00612969.
New Mexico D. Mark Goodwin and Associates is planning to develop Tract 1 of the Los Diamantes Subdivision in Rio Rancho. The development will encompass 488 lots and 38 tracts on 117.5 acres. The project is valued at between $25 million and $50 million. D. Mark Goodwin and Associates, 8916 Adams NE, Albuquerque, 87113. DR#20-00612743.