CRE Veteran Focused on Newly Launched Parkway Lofts Redevelopment
BLOOMFIELD, N.J. – March 26, 2012 – (RealEstateRama) — John Brucker of Sparta, N.J., has joined the team at Prism Capital Partners, LLC in Bloomfield as senior project manager. In his new role, the 28-year commercial real estate industry veteran is largely focused on the firm’s recently launched Parkway Lofts redevelopment.
Prism recently broke ground for Phase I of this high-profile, multi-family adaptive reuse in Bloomfield and East Orange, N.J. The project will convert a 114-year-old, 365,000-square-foot former General Electric warehouse building into 361 loft-style apartments, and create a three-level parking facility. At build out, the 14.5-acre site will be transformed into a distinctive, high-density residential village also featuring 150 for-sale townhomes, a clubhouse and other lifestyle amenities to be built as part of Phase II.
Currently, Brucker is overseeing the expansion of Prism’s project management team for the Parkway Lofts project, including the addition of assistant project managers and field superintendents. Eugene Diaz, a principal partner with Prism, noted that Brucker’s extensive real estate development experience already has positioned him as a vital member of the Parkway Lofts—and Prism—team.
“The coordination required for any type of adaptive reuse is high, and in the case of Parkway Lofts, the age of the property adds further complexities,” Diaz said. “John’s expertise is helping to ensure that every process involved in moving the project forward is geared to achieving the best quality and value.”
Brucker’s project management career began in 1984 and has included executive-level positions with such notable organizations as Bellmead Development Corporation, BCC Construction, the Gale Construction Company and Hollister Construction Services. He earned a bachelor’s degree in civil engineering from Rutgers University.
“Prism is a good fit for me,” Brucker said. “My background primarily includes work with development firms, and I always have found large-scale projects like Parkway Lofts to be particularly gratifying. Watching the building transform is going to be amazing. I look forward to contributing to this and future Prism projects.”
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Media Contact:
Evelyn Weiss Francisco: evelyn (at) caryl (dot) com, (201) 796-7788, www.twitter.com/carylcomm
