TRENTON – The New Jersey Builders Association and several developers of multifamily housing have formed a new affiliate that will serve as advocate for various legislative and regulatory issues, according to a report.
The Mixed-Use Developers Association will be made up of several members, according to the report in NJBiz that followed a meeting with the publication’s editors. The association members will include executives from AvalonBay Communities Inc., Hoboken Brownstone Co., Ironstate Development Co., D.L. Paragano Homes, Roseland Property Co. and Woodmont Properties. Many of them are also members of the NJBA.
In addition to having more rental units created, particularly in New Jersey’s suburban areas, Mixed Use Developers Association will focus on other issues like building codes, the need for another permit extension bill, water quality management, Council on Affordable Housing regulations and the state plan.
George Vallone, president of Hoboken Brownstone, will serve as the association’s chairman, and NJBA CEO Timothy Touhey will serve as CEO of Mixed Use Developers.
“There’s a need for our sector to be heard,” Vallone told the publication on Tuesday.
The Mixed Use Developers Association officially will make its announcement Wednesday at the groundbreaking of AvalonBay’s new Avalon North Bergen apartment community in North Bergen.