NJ Welcomes Pinnacle & Hampshire's 40-unit Montclair Apartment Project

A new 40-unit luxury apartment building, The Clair, has been launched in downtown Montclair through a joint venture between The Hampshire Cos., The Pinnacle Cos., and Circle Squared Alternative Investments. Located at 37 Orange Road, this property sits near the bustling Bloomfield Avenue corridor, offering a selection of studio, one-bedroom, and two-bedroom apartments.

Prime Location and Exclusive Amenities

Residents of The Clair benefit from proximity to the adjacent 159-key MC Hotel, also developed by Hampshire and Pinnacle in 2019. The hotel provides access to a range of amenities including a business center, indoor and outdoor lounges, a modern fitness center, and dry cleaning services. Additionally, residents enjoy perks such as discounted hotel accommodations, event catering, and savings at the hotel’s dining venues, including Allegory Restaurant & Bar, MC Market, and Alto Rooftop Lounge.

Designed for Community and Connection

The developers emphasize the importance of community connection, both within the building and with the surrounding vibrant downtown area. The Clair's comprehensive amenity package, designed by Minno & Wasko Architects and Planners and built by Deugen Design Build, includes valet parking, package service, community WiFi, electric vehicle charging stations, a clubhouse, a business center, an outdoor courtyard with grills, and a roof terrace. In-unit house cleaning services are also available.

Boutique Living Experience

The Clair offers a boutique living experience with only 40 residences, enhanced by unique amenities and hospitality services. In addition to the courtyard and rooftop amenities, the property features a 4,000-square-foot street-level plaza for residents to enjoy.

Financing and Management

The Clair was financed by OceanFirst Bank, with Sparrow Asset Management handling leasing and The Hampshire Cos. serving as property manager upon stabilization. Jeff Sica, CEO of Circle Squared Alternative Investments, expressed pride in contributing to Montclair’s dynamic community through this project.