Construction Continues On PARQ Housing Project In Parsippany

PARSIPPANY, NJ — Construction is well on its way for a large housing development that will encompass 75 townhomes and hundreds of multi-family residences in the Parsippany area.

A cluster of buildings is being built at PARQ to replace office buildings that were demolished last year at the Lanidex East office park off Parsippany Road. The project is located at the intersection of Routes 287 and 80.

The 23-acre transformation is expected to be completed in 2025, according to the developers. PARQ was known as Olson's Farm in the late 1960s before being rezoned as office park Lanidex Plaza.

On the lot, the development includes 600 residential units as well as ground-floor retail and open space. Only two of the site's seven buildings, which once housed 450,000 square feet of office space, will remain.

The project's developers, dubbed PARQ Life Reimagined, have stated that the massive undertaking will usher in a new era for Morris County. Township officials previously stated that the new group of housing developments will assist Parsippany in reducing its number of vacant office buildings.

The PARQ project is currently under construction and its first phase will include 275 multi-family residences, indoor and outdoor amenity space, and parking. There will also be 75 courtyard townhomes with two-car garages, an athletic field, a concession building, restrooms and a playground.

Read More: Developers Break Ground On 325-Unit Rental Community In Parsippany

A second large redevelopment project, which will add 325 new homes to the Township of Parsippany-Troy Hills, also recently broke ground. The 26-acre development at 100 Cherry Hill Road will include two four-story buildings with 162 and 163 units built above a ground-level parking garage.

However, with the increase in development projects in Parsippany, residents have expressed concerns about whether the school system will be overburdened and how the roads will handle the increased traffic.

Parsippany resident Daniela Valenzano previously questioned how the school district was going to handle overcrowding on the school buses. "All of my children went to Eastlake, Brooklawn, and Parsippany Hills. They were overcrowded then. They are overcrowded now."

Valenzano stated that the school board was underestimating the number of children who would join the district with the addition of more than 500 housing units in the township.

In response, Attorney Joseph O'Neil stated that the law states that the school board is only responsible for transporting students two miles or further. However, the township had agreed to provide busing.

"We are going to take care of it," O'Neil said.