Construction has topped out on the 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. The construction update is possible thanks to a photo posted to the Forums. The new building will contain 10,126 square feet of ground-floor retail space and 20 percent of the apartments (85 units) will be designated as affordable. The tower is being built as part of the 11-building Hudson Exchange West mega-development. The developer, Forest City Ratner, is facing a lawsuit over the legality of developing the property, due to a former railway that was removed in the 1990s, Jersey Digs reported. It appears construction on the first building has continued despite the legal challenge. Perkins Eastman is behind the design. Completion of the first building is expected in 2017.
Since hitting 22 stories in height back in June, the 30-story, 225-unit mixed-use tower under construction at 509 West 38th Street, in the Hudson Yards District, has topped out. The progress can be seen thanks to photos posted to the YIMBY Forums by user JC_Heights earlier this month. The 361-foot-tall tower encompasses 243,689 square feet. There will be 13,739 square feet of retail space across parts of the ground and second floors, along with 29,180 square feet of community facility space on parts of the ground through fifth floors. The residential units, rental apartments, should average 786 square feet apiece and 20 percent (46 units) will rent at below-market rates through the affordable housing lottery. Imperial Companies is the developer and BKSK Architects is behind the architecture. Completion is anticipated in 2017.
Construction is now underway on the 26th floor of the planned 32-story, 440-unit mixed-use building under development at 86 Fleet Place, in Downtown Brooklyn. The progress can be seen thanks to photos posted to the YIMBY Forums by user nyc1. The latest building permits indicate the 351-foot-tall tower will eventually encompass 427,346 square feet. It will host 10,813 square feet of commercial-retail space on the ground floor, followed by residential units averaging 871 square feet apiece. Since a leasing office is included, at least a number of the units will be rental apartments. The residential amenities are listed in YIMBY’s previous March update, when the structure was a single story up. John Catsimatidis’s Red Apple Group is the developer and Goldstein, Hill & West Architects is behind the architecture. Completion is expected in 2017.
Late last month, the Jersey City Planning Board approved Amerestate Holdings’s plans for three new mixed-use buildings, ranging from three to eight stories in height, at 1072 West Side Avenue and 1075 West Side Avenue, located along Broadway in the Marion section of Jersey City. Approval was also granted to combine the development assemblage into a single property, Jersey Digs reported. Across the entire project, dubbed Avenir, 486 residential units are planned in addition to 25,452 square feet of retail space. The stretch of West Side Avenue between Broadway and Fayette Avenue will be de-mapped and transformed into a public plaza. Amenities include a 384-car parking garage and rooftop terraces. The single-story building that was once home to Puccini’s Restaurant, a single-story former textile factory, and a four-story apartment building must first be demolished. Marchetto Higgins Stieve Architects is behind the design. The Journal Square PATH station is located eight blocks away.
Two anonymous entities have acquired, for $33 million, the vacant 22,640-square-foot development site at 206 Kent Avenue, in northern Williamsburg, Commercial Observer reported. That’s the property bound by Kent and Metropolitan avenues and River and North 3rd streets, located a block in from the East River. The previous owner, Alliance Private Capital Group, was planning a 45,000-square-foot mixed-use commercial building with retail space on the ground floor and office space above. In fact, the grocery store Trader Joe’s signed a lease last year for 18,000 square feet of space across the ground and cellar levels. It hasn’t been confirmed if the new owners plan to follow through with the same project. New building applications haven’t been filed.