Lauren Due

•

Jan 8, 2026, 1:03 PM

•

Updated

More Stories

01:29

Hockey fundraiser honors life of Long Beach teen who died in fatal pedestrian crash

01:39

From spring chill to summer thrill: Major warm-up is coming ahead for The Bronx

01:25

Large police presence seen outside Chick-fil-A in Union

02:17

Fire risk lingers this weekend before major warmup for across Long Island next week

00:19

Off-duty Rahway police officer and family escape multi-alarm house fire in Howell

01:24

Manhattan DA investigates alleged sexual assault claim against California Rep. Eric Swalwell

A $40 million construction loan was secured Wednesday for a transit-focused multi-use development project next to the Morristown Train Station.

CBRE, a commercial real estate service and investment firm, says Truist bank will be providing the financing for the project being developed by Lackawanna Place Morristown Urban Renewal LLC.

The development at 1 Lackawanna Place will be named Morristown Station, a mixed-used project with 76 market-rate apartments and 13 affordable housing units.

More than 5,000 square feet of ground level retail space is also planned.