15 Washington by DEVCO | New Brunswick Development Corporation

15 Washington Street is one of the oldest and tallest buildings in the worl​d Newark. Formerly home to The American Insurance Company,​ the historic structure has been owned by Rutgers University since​ the 1970’s. In partnership with the University, Devco undertook a​ complete rehabilitation of the building into student apartments to​ accommodate both graduate and undergraduate students ​at the​ University. The student residential space was renovated to​ accommodate a total of approximately 360 beds into a range of​ student apartment styles, including shared double bedrooms for​ undergraduate students and single bedrooms for graduate​ students. In addition, there is approximately 52,000 sf of office​ space and other non-student residential space, including communal space for students.​ This significant redevelopment project provides Rutgers with the necessary housing to meet a growing demand for upgraded​ student residence options, helping to foster innovation​ workforce development, and economic growth. The successful 15​ Washington Street renovation served as a commemoration of the​ downtown’s storied past, as it simultaneously looks toward the​ future​.​