Prism Capital Partners has announced the start of Constitution for the fist phase of Edison Village in the historic Thomas Edison Invention Factory and Commerce Center in West Orange, N.J. The project represents the largest non-waterfront adaptive-reuse redevelopment project in New Jersey and encompasses 21 acres on Main Street. The project is located adjacent to the newly refurbished Edison National Historic Site and museum. The first phase will feature 333 rental units, 18,400 sqf of retail and a 630 space parking structure. Rental configurations will include units ranging from 590 to 1,500 sqf along with 20 penthouse duplex residences. A mid-2018 opening is anticipated.
Built in 1913 by Thomas Edison, the factory complex served as a manufacturing operation where Edison employees produced storage batteries used in light delivery vehicles, automobiles, railroad signals, industrial applications and mining equipment. The manufacturing operations ceased in 1965. Phase I of Edison Village involves the total renovation and reconstruction of the 100-year-old factory complex.
“Since industrial structures of this type are few and far between in suburban New Jersey, Edison Village represents a truly distinctive project,” noted Prism’s Eugene Diaz, principal partner. “The design, by Minno & Wasko Architects and Planners, takes advantage of existing architectural features to incorporate ceiling heights ranging from 14 to 16 feet and 10-foot replica replacement windows that will let in abundant natural light.”
