RUSSO DEVELOPMENT TIMELINE

1968
1970s - 1980s
1981
1996
2000
2003
2006
2007
2008
2009
2011
2013-2014
2014
2015
2017
2018
2019
2020
2021
2022
2023
1968

Russo Development Opens its Doors

Lawrence Russo, Jr. founded Russo Development after several years as a commercial real estate broker. Since that time, Lawrence has focused Russo on developing some of the highest quality office and residential buildings in northern New Jersey.

1970s – 1980s

Corporate Offices Built for Several Name Brands

Russo Development built buildings for Sarah Lee, Fuji and Coach which still exist today.

1981

Expanded to New Office Space

Russo Development expanded a to new office space at 71 Hudson Street Hackensack, NJ.

1996

Russo's First Data Center Opened

Approval received for 600 Central Avenue, Carlstadt, NJ (JP Morgan Chase), which was Russo Development’s first Data Center.

2000

777 Central Boulevard Built

777 Central Boulevard, Carlstadt, NJ was built, further building Russo’s reputation as a leading Data Center Developer, with Sunguard as the tenant.

2003

760 Washington Avenue Built

760 Washington Avenue was built.

2006

Two Buildings in Belleville Built

Two buildings in Belleville built for Pepsi, which is now Amazon.

2006

Sawmill Park Built

Sawmill Park was built in Kearny, NJ.

2007

New York Stock Exchange Lease Signed

Signed lease for New York Stock Exchange in Mahwah, NJ

2008

570 Commerce Boulevard Built

Russo office moved to 570 Commerce Boulevard, in Carlstadt, NJ.

2009

50 Madison Road Built

50 Madison Road was built in Totowa, NJ, with CyrusOne as the tenant.

2011

Macy's Parade Studio Built

Macy’s Parade Studio was built in Moonachie, NJ as a warehouse for building parade floats for the Macy’s Thanksgiving Day Parade.

2013-2014

Vermella Lyndhurst Built & Opened

Vermella Lyndhurst, a 296 unit building and Russo’s first multi-family project was built and opened.

2014

RDC-8 Built

A mission-critical purpose built data center built in Orangetown, NY in the Orangeburg Corporate Park.

2015

Vermella Harrison Built

398 unit building, Vermella Harrison, was built in Harrison, NJ with easy access to the Harrison PATH Train.

2015

Vermella Crossing Built

Vermella Crossing, a 230 unit buidling, was built in Kearny, NJ, along with Schuyler Crossing Shoppes, which feature a full-scale CVS and a Citizens Bank.

2017

Russo Property Management Established

Russo Property Management was established to self-manage our developed and owned buildings.

2017

Waldwick Station Built

Waldwick Station, a 110 unit building, was built on the Waldwick NJ Transit Train Line in Waldwick, NJ, in our first joint venture partnership with Dinallo Construction Corp.

2018

Annin Lofts Built

Annin Lofts, a 111 unit building, was built in Verona, NJ in our second joint venture partnership with Dinallo Construction Corp.

2018

Vermella West Built

Vermella West, a 280 unit building, was built as our first project in the Hudson Pointe area of Kearny.

2018

Vermella Crossing’s Phase Two Built

Vermella Crossing’s phase two opens across the street from its first phase in Kearny, NJ.

2019

Vermella Union Phase One Built

Vermella Union’s first phase in Union, NJ. This 415 unit building was built with the accompanying Shoppes at Vermella Union delivered shortly after to serve the development and the neighborhood, as well as neighboring Kean University.

2020

Vermella East Built

Vermella East, a 268 unit building, was our second project in the Hudson Pointe area of Kearny, NJ.

2021

Vermella Woodbridge Built

Vermella Woodbridge’s first phase, a 376 unit building, is built in Woodbridge, NJ, with Onyx Equities as our Joint Venture Partner, as the first phase of the Woodbridge community, which will include retail.

2021

Meadowlands Park Built

Located just outside New York City, minutes from the NJ Turnpike, Rt. 80, 46 and 3 and situated within the one of the most densely populated area with access to a tremendous labor pool. This 230,000 square foot warehouse / manufacturing facility development is unique as one of just a limited amount of large scale, modern industrial development opportunities in Northern NJ and includes ample car, van and trailer parking.

2021

The Arbor at Union Built

Built in the Summer of 2021. Featuring two exclusively affordable buildings, each with 44 units and their own amenity spaces.

2021

First Phase of Vermella Union Opened

Vermella Union opened the first phase of its dynamic campus, with a 415 unit building.

2021

Second Phase of Vermella Union Opened

Vermella Union opened its second phase of buildings consisting of 427 units of apartment homes.

2021

The Shoppes at Vermella Opened

Designed to complement our Vermella Union residential community and the surrounding Kean University neighborhood, The Shoppes at Vermella currently feature Panera Bread, Starbucks, Chipotle, &Pizza, Cold Stone Creamery, Mighty Quinn’s BBQ, Habit Burger, CVS Pharmacy, The AT&T Store and Blue Foundry Bank for the ultimate in dining and everyday conveniences.

2021

Rock Pointe Built

Rock Pointe, a 345-unit building, a Joint Venture Partnership with KRE was built in 2021.

2022

Print House Built

Print House is built on the former site of the iconic Bergen County based newspaper, The Record, in Hackensack, NJ, and named in homage. This 271 unit development was built with Joint Venture Partners, The Hampshire Companies and Fourth Edition, Inc.

2022

Metropark Redevelopment Project Awarded

Russo Development is awarded the redevelopment project at Metropark in Woodbridge, NJ along with Onyx, Dinallo Construction Corp. and NJ Transit.

2022

Vermella at Garwood Station Opened

Vermella at Garwood Station opens in Garwood, NJ with multiple phases and ground floor retail. Vermella at Garwood Station Phase 1 is a 296 unit building, and Phase 2 is a 73 unit building.

2022

Kingsland Meadowlands Built

Northern NJ’s largest available industrial/flex park located minutes from NJ Turnpike and NYC. This site has the capability to deliver approximately three million square feet of modern and efficient single or multi-tenanted building to a market very much in need for additional commercial product to serve the Northeast Corridor.

2023

Sol at Vermella Union Built

Sol at Vermella Union, a 309 unit building, was built as the final phase of development of the Vermella Union campus in Union, NJ.

2023

Vermella Broad Street Built

296 unit, Vermella Broad Street, was built in Newark, NJ featuring a community gallery in its retail.

2023

Essex & Crane Built

Essex & Crane by Vermella was built and opened in a dynamic transit-oriented-development consisting of 201 units with Russo Development and Dinallo Construction Corp.

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