Construction Today - July 2016 - 112

NY/NJ Focus | CLAREMONT CONSTRUCTION GROUP - MARIN TOWERS

Towering Effort

CLAREMONT'S EXPERIENCE ALLOWS IT TO EXCEL ON PROJECTS LIKE MARIN TOWERS. BY ERIC SLACK

C

laremont Construction Group
has been on a path of growth and
evolution since its founding in
1954. From its roots as a commercial painting business, the company
transitioned into one of the country's
largest carpentry and drywall companies
providing interior general construction
services in the Mid-Atlantic region. Since
1991, the company has been a full service
development and general contracting
firm, having completed more than 2,000
residential units and more than 2.5 million
square feet of commercial space.
One of the reasons for Claremont's
success is its experience with managing all
aspects of development and construction.
The company understands everything from
site feasibility and design to pre-construction and financial execution, capable of
serving on projects from start to finish while
performing comprehensive development
and construction services.
Claremont has developed a reputation
for building strong relationships with
clients, as well as for delivering projects on
time and within budget. This has helped
Claremont to develop a diverse client list
that includes private, public and non-profit organizations.
At present, Claremont is expanding its
development and general construction
businesses. Its focus is on urban, transit
oriented real estate, with current development projects valued at more than $280
million and a development pipeline that is
approaching $375 million.
In the general construction arena, the
company currently has $360 million in
third party contracts and more than $500
million in its project pipeline.
"What we are known for now is our
luxury and affordable urban multi-family
housing project," Director Richard Sciaretta
says. "We also have some commercial projects, and our general contracting business
does historic renovations as well. Our com-

112

CONSTRUCTION-TODAY.COM JULY 2016

all-union Marin Towers project
ยป The
will offers residential, retail,
commercial and parking space.

pany has always been nimble and flexible,
changing with the market."

Going Up
Among Claremont's projects is Marin Towers in Jersey City on Marin Boulevard between 8th and 9th streets. Partnering with
The KRE Group on the project, Claremont is
serving as developer and general contractor
on Marin Towers, which was designed by
Marchetto Higgins Stieve and HWKN.
"We first got this site under contract in
late 2012 and went through many steps,
such as complete rezoning, council votes
and site plan approval," Sciaretta says. "We
brought KRE on as a co-developer early on.
As co-developer and general contractor, we
have been involved with pre-development
and pre-construction since the beginning.

In those dual roles, we have brought a lot of
value to the table and have been able to value engineer the project by being involved
throughout the entire process."
The 17-story, all-union project features
398 luxury units and 267 parking stalls with
a 135,000-square-foot concrete podium. It
also includes 13,000 square feet of Class A
amenity space and 25,000 square feet of retail and commercial space. Another element
is a fifth-floor terrace above the parking
garage with a pool and landscaped area for
the tenants. Marin Towers is currently under construction with a development cost
of $165 million. Construction on the project
began in January 2017.
"The project utilizes 520,000 square feet
of the Girder-Slab structural system, which
is a trademarked structural system," Scia-


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Table of Contents for the Digital Edition of Construction Today - July 2016

Contents
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