Axria announced the successful closing of Edge Lofts, a 220 unit active adult residential community for residents 55 and older in Princeton/West Windsor, with site work already underway. The project marks the third phase of the Bear Creek master plan and is scheduled for completion in 2028.
A Flagship Community in Princeton Junction
Edge Lofts is designed as a modern residential community combining luxury finishes, market rate and affordable apartments, and one of the most robust amenity offerings in the Princeton real estate market. Planned features include underground parking with elevator access, clubhouse, wellness and fitness centers, a golf simulator, indoor theater, outdoor heated pool, walking trails, and courts for pickleball, bocce, and tennis. Residences will offer premium interiors, walk in closets, and full size washers and dryers.
Investor Value in a Prime Market
The Princeton Junction area represents one of New Jersey’s most attractive markets, driven by its status as an education and research hub, exceptional transit connectivity to New York City and Philadelphia, and favorable demographics. Edge Lofts is positioned to deliver strong, risk adjusted returns, supported by longer lease terms, resilient demand for high quality communities, and a growing renter base.
The active adult housing segment for those 55 and older continues to demonstrate strong growth potential, with demand fueled by an aging population seeking maintenance free, lifestyle-oriented communities.
Edge Lofts is part of Axria’s $800 million active pipeline of multifamily and industrial projects across New Jersey and Pennsylvania, reinforcing the firm’s position as a leading real estate developer in the Mid-Atlantic region.
Execution and Leadership
With the site fully entitled and shovel ready, including roads, utilities, and ponds already constructed, the project moves forward with reduced development risk. Axria’s vertically integrated platform ensures cost control, precision, and delivery efficiency.
“Edge Lofts is a showcase of Axria’s ability to deliver high quality communities while creating long term value for investors and residents alike,” said Chandra Mandalapu, CEO of Axria. “With construction underway, this development reflects our vertically integrated approach, one that ensures precision, efficiency, and enduring impact in the Mid Atlantic real estate market.”
About Axria
Axria is a vertically integrated real estate development and investment firm with a legacy of community focused projects across New Jersey and Pennsylvania. Axria has delivered over 100 projects in the region. With over $1.2 billion in completed developments, $160 million in assets under management, and a current pipeline of $800 million, Axria continues to create long term value for investors while strengthening the communities it serves.
