A ground-breaking ceremony was held last week for the first phase of a mixed-use project at 700 Jackson Street, located on two blocks between 6th and 8th streets in Hoboken, N.J. The first phase will see the construction of a single-story, 6,835-square-foot community gymnasium along Jackson Street, between 6th and 7th streets, and public park space across both blocks. Significant infrastructure work will also be done as part of the first phase, expected to be complete by 2019, Jersey Digs reported.
On Saturday, four concrete pumps descended on a web of rebar to conduct the first pour for the foundation of One Vanderbilt, a 58-story, 1.7-million-square-foot commercial tower under construction adjacent to Grand Central Terminal in Midtown East. The progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits have the 1,401-foot-tall tower measuring 1,755,814 square feet.
Newark, N.J.-based F.M. Renaissance is planning to redevelop the dilapidated, four-story former Murphy Varnish Works industrial complex at 127 Chestnut Street, located on the corner of McWhorter Street in Newark’s Ironbound district.
New renderings have been revealed of the redesigned eight-story, 22-unit mixed-use project under development at 75 First Avenue, located between East Fourth and Fifth streets in the East Village. The project’s developer, Colonnade Group, is expecting the building’s condominiums to sell for a combined $42 million, The Real Deal reported. The latest building permits indicate the structure will encompass 30,058 square feet and rise 80 feet to its main roof.