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Appointment Comes Amid Significant Growth for Hoboken-Based Development Firm
HOBOKEN, N.J. (Feb. 7, 2023) – Gregg Bazzani has joined JDA Group LLC as development and investment manager. The news comes at a time of sustained growth for the Hoboken-based development firm. The privately held commercial and residential developer and owner has a growing portfolio of properties across the Northern New Jersey area and beyond.
In his new role at JDA, Bazzani, of Jersey City, will be instrumental in positioning the family owned firm for continued growth. His primary responsibilities include identifying and executing new strategic development opportunities, and raising equity and debt capital for future acquisitions.
Known for its results-oriented approach to real estate ownership, JDA boasts a development and management track record of successful, ground-up multifamily and commercial adaptive reuse projects, as well as more than 100 office tenant buildouts over the past 20 years. Notable among the firm’s current projects is The Boundary, a 580,000-square-foot planned mixed-use development that straddles the Hoboken-Jersey City border. When completed, the project will turn a former industrial area into a vibrant new neighborhood featuring medical and traditional office space, multi-family residential, retail, and rooftop green space.
“This is an exciting time to join JDA Group, particularly in a period of such positive company momentum,” said Bazzani. “The projects JDA is undertaking are transformational for their respective communities and the company. I’m looking forward to leveraging my market knowledge and existing industry relationships to help expand the firm’s development pipeline in both Hudson County and other key markets throughout the Tri-state area.”
Prior to joining JDA Group, Bazzani was a development associate at Duke Realty where he was involved in acquisition, development and entitlement activities for a 3 million-square-foot project pipeline. Previously, he was an acquisitions and development associate at Panepinto Properties Inc. Bazzani holds a bachelor’s degree in business administration from Villanova University and a master’s degree in real estate development from New York University’s Schack Institute of Real Estate.
“As JDA looks toward its next phase of growth, Gregg’s business acumen, energy, and broad expertise in all aspects of real estate acquisition and development will greatly benefit our current and future projects,” said JDA’s Gregory Dell’Aquila, chief executive officer. “Gregg is a strong fit with our firm’s culture and we are confident he will be an invaluable asset to our leadership team.”
About JDA Group LLC
50 Harrison St., Hoboken, N.J. 07030