The Hampshire Cos. has completed The Vale, a 70-unit multifamily community in Allendale, New Jersey. With a mix of highly adaptable one- and two-bedroom floor plans, the community has six affordable housing units and three units designated for first responders. The community will be managed by RHO Residential.
Designed by DMR Architects, the interiors offer quartz countertops, mosaic tile backsplashes, soft-close custom cabinetry, stainless steel appliances, luxury plank flooring, and 9-foot ceilings. Select units feature balconies and dens that are ideally suited as home office spaces. Residents have access to a clubroom and lounge, a fitness center, and a 9, 460-square-foot outdoor courtyard.
Marking the latest chapter in Hampshire’s multiyear real estate investment in Allendale, the start of The Vale and the firm's appointment as the designated redeveloper of the 10-acre tract began in March 2019. Hampshire worked closely with three different administrations of the borough, as well as mayor emeritus Vincent Barra and former mayor Liz White to create a multi-use plan for the site.
The plan included a complete renovation of a 114,000-square-foot warehouse at 230 W. Crescent St., the development of The Vale, and the construction of a 10,000-square-foot community center. The warehouse renovation was completed in 2021, and the borough’s community center is expected to open this fall.
"The completion of The Vale underscores our focus on serving as a trusted partner to municipalities, leveraging our experience to create spaces that truly meet the needs of their community,” says James E. Hanson, president and CEO of The Hampshire Cos.
“By recognizing the untapped potential within these properties, we have created a hub for thriving businesses within Allendale while also establishing a place that residents can be proud to call home.”
