Construction has topped out on 537 Summit Avenue, the second and tallest building in the three-tower Journal Squared complex in Jersey City. Despite its location across the Hudson River from New York, the 754-foot-tall reinforced concrete skyscraper’s prominent height earns it inclusion at the number-24 spot in YIMBY’s countdown of the tallest current projects in the city. Designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Group, the tower stands dominantly over its shorter 563-foot-tall, 53-story sibling.
The second tower of the Journal Squared complex, aka 537 Summit Avenue, is rising rapidly and will soon surpass the adjacent 574-foot-tall, 53-story building, which was the first completed segment of the upcoming trio of residential skyscrapers. The Jersey City property is designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Development. The second phase of Journal Squared will rise 759 feet, yield 700 units, 18,000 square feet of retail space, and feature a gross floor space of roughly 1,000,000 square feet.
Work on the second phase of Journal Squared at 537 Summit Avenue in Jersey City is progressing rapidly. Construction workers are pouring the floor slabs for what will become a 72-story residential skyscraper. The structure is set to stand 759 feet and become the tallest of the proposed trio of towers, of which one is already completed next door. All three are being designed by HWKN/Hollwich Kushner and Handel Architects. Kushner Real Estate Development is the developer of the entire site, which sits adjacent to the Journal Square PATH train station on a hill overlooking New York City. The second phase will yield 700 units, 18,000 square feet of retail space, and a gross floor space of roughly 1,000,000 square feet.
When it comes to new construction in Jersey City’s Journal Square, no firm is more prominent than Kushner Real Estate Group, which has continued development of the massive Journal Squared complex with the recent ground-breaking of the project’s second skyscraper, now climbing above ground level. YIMBY spoke with the firm’s eponymous president, Jonathan Kushner, to discuss the site and its impending second and third towers, KREG’s general portfolio growth, as well as Mr. Kushner’s outlook on the state of the neighborhood and the local market.
Whether driving out from the Holland Tunnel, or taking I-78 East or Route 9 into Jersey City, the sight of Journal Squared, designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Development, is hard to miss from the highways. Perched on the high hills above the PATH train station to the west of the downtown district, the views and sights of both Jersey City and Manhattan are unbeatable from the top floors. For the past couple of months, work has significantly geared up on the second phase of the complex, which will imminently yield a 72-story residential tower standing 759 feet.