Company Portfolio | Residential Holdings

Dover Chase Apartments - Multi Family Property

This two-story garden apartment community houses 110 luxury rental apartments, consisting of 88 one and two bedroom market rate units, with attached garages. Dover Chase Apartments also fulfills the affordable housing requirements of Toms River Township with the addition of 22 low and moderate-income apartments. Across the 10-acre site, the 11 buildings include high-end finishes such as granite countertops and ceramic tile floors.

Location: Toms River, NJ
Completion: December 2008
To learn more, visit the Dover Chase Website
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    Dover Chase Exterior
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    Dover Chase - Exterior View
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    Kitchen
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    Dover Chase LIving Room

Sunnyside at Howell – Mixed-Use Development

(Under Construction)
Currently in the entitlement phase, Sunnyside at Howell is a mixed-use development comprised of 220 luxury garden apartments and 3 acres of retail space. The 30-acre site will include a clubhouse with fitness center, outdoor pool, and tennis courts. While the apartment interiors will offer a host of amenities such as granite countertops and ceramic tile floors.

Anticipated Start Date: March 2011
Location: Howell, NJ

 

Sterling Parc Apartments – Multi-Family Property

This luxury apartment development includes 316 rental apartments and a community clubhouse with a swimming pool. The project consisted of 21 separate buildings on 18 acres in an upscale Northern New Jersey community. The ownership entity acquired and improved a project previously started by another developer and constructed an additional 218 units (including 56 affordable units). The asset was owned and managed for several years before being sold in late 2007.

Location: Whippany, NJ
Completion: September 2003
Sold: May 2007
Sterling Park Apartments
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Sterling Parc Senior Complex – Low Income Senior Apartments

This two-story structure houses 56 senior rental apartments. The building consists of one and two bedroom units, as well as a large meeting and activity room in the front atrium. This project is an affordable housing facility, which was developed to meet the needs of low-income seniors.

Location: Whippany, NJ
Completion: September 2003
Sold: May 2007
Sterling Parc Senior Complex
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Davenport Village Apartments – Low Income Housing

This 100% affordable apartment complex consists of 56 - one, two, and three bedroom family low-income units. The project was developed specifically for low-income housing and was financed using 9% tax credits. Additional on-site improvements included a computer training room, tot lot, and recreation facilities.

Location: Hainesport, NJ
Completion: December 2001
Sold: December 2002
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Princeton Gate – Townhome Development

AST developed and constructed this multi-phase project consisting of 111 townhomes and 130 single-family homes situated on 110 acres. The first two phases were completed in July of 1997, while phase three was recently purchased by Middlesex County for use as open
space.

Location: Monmouth Junction, NJ
Completion: 2009
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Single Family Development

Developed throughout the late 1980’s and 1990’s, AST constructed over 450 custom single-family homes. With properties located throughout New Jersey, homes typically ranged in size from 1,500 to 4,500 square feet. 
Single Family Homes
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Company Portfolio | Redevelopment Properties

French Street - Mixed-Use Redevelopment Property

This multiphase project includes an entire city block of redevelopment. The plan entailed acquisition of multiple properties and an eleven story-parking garage, which included 845 parking spaces for the New Brunswick Parking Authority. This structure provides parking for the office tower as well as for three nearby healthcare facilities. Phase 2 includes ground-floor retail space and 125,000 square feet of Class A office space, which we recently leased to Robert Wood Johnson University Hospital for its own use. A sister building has been planned and approved for 80,000 square feet, which will complete the redevelopment of this project. Tax abatements for the entire project were secured through AST’s negotiations with the city. The French Street Redevelopment Project was recently nominated by New Brunswick Mayor, James M. Cahill, and was selected to receive a “Good Neighbor Award” by New Jersey Business and Industry.

Location: New Brunswick, NJ
Completion: August 2008
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Park Madison – Mixed-Use Redevelopment Property

Park Madison Urban Renewal is a large-scale public and private redevelopment project, which includes a 100,000 square foot class “A” county administration building, 360 car-multi-story parking garage, public plazas, and two free standing retail buildings totaling 26,000 square feet. Time-consuming issues such as structuring agreements with the county and city; securing sources of funding through tax-exempt bond financing; negotiating a tax abatement agreement (PILOT); development of site plans for municipal and state land-use approvals; and successful interfacing with the City’s public officials were expedited by AST.  The project also included significant site-specific issues which AST navigated the project team through, such as environmental remediation and extensive offsite infrastructure improvements. Construction commenced in spring 2003, and was completed on schedule in fall 2004.

Location: Plainfield, NJ
Completion: October 2004
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    Park Madison, Plainfield, NJ
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    Park Madison, Exterior View
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    Park Madison, Parking Garage
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    Park Madison - Alternate View


Company Portfolio | Industrial \ Flex Holdings

Wilmington Commerce Park - Joint Venture Industrial Property

Acquired in June 2010, this 880,000 square foot industrial park is located adjacent to the former North American air hub for DHL Express. The Airpark includes two-10,000 foot runways, which can accommodate a wide variety of cargo planes. Additionally, the site has primary access to the surrounding markets via I-71, a major interstate highway that connects Wilmington to Cincinnati and Columbus. The site is strategically located within a one-day truck drive of 60% of the U.S. population, including the major metropolitan areas of Chicago, Detroit, St. Louis, and Nashville.

Location: Wilmington, OH
Acquisition Date: June 2010
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Mobil Oil Gas Stations

AST provided development services for Mobil Oil to secure local, county, and state approvals as well as coordinate and manage project construction.  Properties in Howell and South Brunswick are each secured with long-term leases.

Location: Howell & South Brunswick, NJ
Completion: August 1999
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Third Party Contracting | General Contracting

Bear Stearns

AST represented Bear Stearns and Company, a major investment-banking firm, as development consultant and turnkey design-builder for this four building, 600,000 square foot project. Responsibilities included financial analysis, land-use and regulatory approvals, design, engineering, and construction implementation for the site, which included the firm’s worldwide data and information center.

Location: Whippany, NJ
Completion: February 2002
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William Paterson University

Valley Road Academic Building
As General Contractor, AST completed the retrofit of this five-story building to create an academic facility for William Paterson University. This facility accommodates the School of Business, School of Science, as well as academic offices.

Location: Wayne, NJ
Completion: August 2002

Dormitory Renovations
AST provided General Contracting services for three student dormitories within the University, including Matelson Hall, Heritage Hall, and Pioneer Hall.  The project consisted of interior renovation of 210 units.

Location: Wayne, NJ
Completion: September 2000
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    William Paterson University
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    William Paterson University
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    William Paterson University
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    Dormitory Renovations
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    Dormitory Renovations
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    William Paterson University - Dorms

Bergen County Public Safety Institute

AST provided General Contracting services for the construction of this 50,000 square foot addition and 30,000 square foot renovation for the Bergen County Public Safety Institute. This facility consisted of several classrooms, a training room, a lecture hall, and visual technology center.

Location: Mahwah, NJ
Completion: June 2000
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Salem Historic District Redevelopment

AST provided General Contracting services for this 100 unit single-family affordable housing development. Projected included a complete restoration of homes located in the historical district of Salem, New Jersey

Location: Salem, NJ
Completed September 2002
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    Salem Historic District - Before
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    Salem Historic District - After
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    Salem Historic District - After
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    Salem Historic District - Interior Bedroom
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    Salem Historic District - Living Room
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    Salem Historic District - Kitchen

CIL Woods

AST provided full General Contracting Services for this federally funded independent living facility.

Location: South Brunswick, NJ
Completion: October 2002
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Illva Saronna Warehouse

AST provided general construction services for this 35,000 square foot addition for Illva Saronna, a major International company known for their worldwide product Amaretto Liquor.

Location: Edison, NJ
Completion: April 2002
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Third Party Contracting | Construction Management

Spotswood Municipal

AST provided Construction Management services for the construction of this municipal complex. The building featured a municipal court, police station and municipal offices.

Location: Spotswood, NJ
Completion: April 2000
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Toms River High School North

AST provided Construction Management services on this high school addition. The project entailed a state of the art gymnasium, media center, a 20-classroom addition, as well as a cafeteria expansion. The project was completed on schedule for the September 2003 school year.

Location: Toms River, NJ
Completion: September 2003
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Saint Joseph High School

AST provided Construction Management services for the construction of this existing high school facility for the Diocese of Camden.

Location: Hammonton, NJ
Completion: January 2004
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    Saint Joseph High School - Classroom
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    Saint Joseph High School - Hallway
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    Saint Joseph High School - Computer Lab
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    Saint Joseph High School - Classroom
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    Saint Joseph High School - Gymnasium
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    Saint Joseph High School
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    Saint Joseph High School - Classroom

South River

AST provided Construction Management services for this Borough building that included a municipal court, police station and municipal offices.

Location: South River, NJ
Completion: January 2003
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    South River
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    South River - Interior
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    South River - Interior

Sewaren Park

AST provided Construction Management services for this "Brownfield" redevelopment and reclamation project. The project included significant environmental remediation, design, and construction of extensive park improvements. Upon completion, residents enjoyed access to several ball fields, running paths, shelter/comfort stations, a memorial pavilion, band stage and amphitheater.

Location: Woodbridge, NJ
Completion:  October 2001
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South Plainfield Senior Housing

AST provided construction management advisory and oversight services on the Borough’s behalf for this facility consisting of 102 apartment units, a community room, and other amenities. Project consisted of one mid-rise building, associated site improvements, and remediation of contaminated soils through an encapsulation process.

Location: South Plainfield, NJ
Completion: April 2002

Ahern Stadium

AST performed Design/Build construction management services for this state-of-the-art facility, including demolition of existing concrete stadium structure, erection of new bleachers, storage/ maintenance building, and concession facility.  The project also entailed upgrades to the existing site infrastructure, re-grading, site lighting, and new utility installation.

Location: Bayonne, NJ
Completion: August 2002