A new downtown will come to Parsippany, New Jersey, with the debut of The District at 15 fifteen, a mixed-use project that will encompass dining, upscale fitness, services, retail and residential space.
The project, located in the heart of Route 10, will also reconfigure traffic in the densely traveled area, said project owner and co-developer Stanbery Development Group. Being developed in partnership with Claremont Companies, the project’s redevelopment plan was approved by Parsippany-Troy Hills and Hanover Townships. Located on Route 10 in New Jersey’s Morris County between Interstate 287 and Route 202, The District at 15 fifteen will consist of 100,000 sq. ft. of retail and 441 apartments adjacent to major corporate office parks, and a hotel in Hanover Township, all adjacent to major corporate parks.
The restaurants will be geared toward the community, including upscale experiences, quick-service offerings and a great place to meet friends in a pedestrian atmosphere that will serve from breakfast through late-night. Retail will consist of upscale national and local retailers and specialty services such as boutique fitness facilities and a spa.
The residential complex will offer both market-rate and affordable apartments from studios to 3 bedrooms, and amenities including a fitness center, clubhouse and an interior open-air amenity deck. Morris County is the 10th wealthiest in the United States. More than 146,000 people, with an average household income of more than $161,000, live within five miles of the District at 15 fifteen.
