BURLINGTON, NJ—Chief city officials were on hand Tuesday to hear details about a new apartment project to be built on what is now a downtown vacant gravel lot.

Former Bethlehem, PA Mayor John Callahan, who now serves as director of business development for Florio, Perrucci, Steinhardt & Fader, revealed plans for Pearl Pointe, an apartment complex with 183 luxury and market-rate units to be built on the vacant 3.8-acre lot.

The development's two four-story apartment buildings would be built by Peron Development, a Phillipsburg, NJ-based company led by former New Jersey Gov. James Florio and his law partner, Michael Perrucci, according to The Inquirer.

Peron is the redeveloper of apartment and retail projects in Bethlehem, PA, South Amboy, and Phillipsburg. In July, the Burlington City Council voted named Peron the redeveloper of the waterfront lot located at the foot of High Street. See story in The Inquirer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.