The NJ Alliance for Action honored NJIT with its leading higher education award for spear-heading the construction of the Warren Street Village Project, a new honors residence hall, Greek houses and additional campus dining facilities scheduled to open on the NJIT campus this coming fall. NJIT President Joel S. Bloom accepted the award at the organization’s annual breakfast in the PNC Bank Arts Center in Holmdel. The event spotlighted New Jersey’s leading infra-structure projects. Six other organizations were also named. New Jersey Higher Education Secretary Rochelle Hendricks and labor leaders from across the state presented the award.Earlier this year, NJ Biz named Dr. Bloom to its prestigious list of the 100 most powerful people in New Jersey business for his work benefitting this project. Bloom was ranked 55. NJ Biz also this year named Monique King-Viehland, president of the Campus Gateway Development, as someone to watch in New Jersey real estate for the coming year.
The Village will be a unique, 3-acre mixed-use residential housing complex. When completed in fall of 2013, the 214,000-square-foot complex, bounded by Colden Street to the east, Warren Street to the north and Raymond Boulevard to the southwest, will add 600 beds to NJIT’s existing inventory of residential housing. In addition, the $80-million project will feature a new restaurant, convenience store and fitness center for the University community.
NJIT’s number of residential student housing capacity will then top 2,200 beds, an increase of some 35 percent. To accommodate student demand, NJIT’s housing has been filled to capacity using housing triples in double rooms and leasing off-campus space. These new residences and amenities are timely additions as the university’s enrollment is expected to exceed 10,000 students by fall of 2013.
Bloom, the founder and former dean of NJIT’s 12-year-old Dorman Honors College, has been a fervent “Village” advocate to enable an expanded learning community for the 685 Honors College students, one of NJIT’s most vibrant and successful student learning communities. The new residential Honors College will include 360 beds, computer labs, project studios, a library, student lounges, student government offices and guest apartments.
The new Greek homes in the Village will include 5 duplex houses for fraternities and sororities. The Greek houses will provide living, dining and chapter space on the first floor, and sleeping quarters on the upper two floors. “Our Greek students are among the most involved student groups on campus. The new housing will offer even more opportunity to hone leadership skills and increase networking and socializing opportunities,” said Bloom. “Greeks and Honors students are typically the two groups on campus most committed to community service. They will be our outstanding Warren Street Village residents.”
Financing for the Warren Street Village will be provided through tax-exempt bonds issued by NJIT to be repaid over the 30-year-term from rental income.
The Alliance, created in 1974, is a non-profit, non-partisan statewide coalition of more than 2,500 business, labor, professional, academic and government leaders, that advocates for infrastructure investments to benefit New Jersey’s economy, environment and quality of life. The organization works closely with each New Jersey Governor, the Cabinet, the Legislature, and local governments, as well as its membership, to create funding and secure permits for road, bridge and rail improvements, water projects, school construction, aviation enhancements, shore preservation, business expansion and other key infrastructure investments.