Retail

533 Mercer Street

16-Story, 300-Unit Mixed-Use Building Planned at 533 Mercer Street, Jersey City

6:00 am on January 11, 2017 By Reid Wilson

Sequoia Development Group and GRID Real Estate are planning a 16-story, 300-unit mixed-use building at 533 Mercer Street, located on the corner of Jordan Avenue in the McGinley Square section of Jersey City. Dubbed 289 Jordan, it would include apartments ranging from studios to three-bedrooms, of which 56 units, or roughly 19 percent, would be designated as affordable. There would also be 4,000 square feet of retail space on the ground floor, Jersey Digs reported. Marchetto Higgins Stieve Architects is responsible for the design. Before the as-of-right project can rise, a collection of single- to three-story mixed-use structures must first be demolished.

244 Union Street

Five-Story, 258-Unit Mixed-Use Building Proposed at 244 Union Street, Elizabeth, N.J.

1:00 pm on January 9, 2017 By Reid Wilson

Developers Faros Properties and MAS Development Group are proposing a five-story, 258-unit mixed-use project at 244 Union Street, located in the Midtown section of Elizabeth, in Union County, N.J. The project will contain roughly 26,000 square feet of retail space and a parking garage, Jersey Digs reported. Residential amenities could include a landscaped courtyard, a theater, and a fitness center, among other spaces. The site encompasses the entire block, which is mostly vacant except for two single-story commercial buildings. The City of Elizabeth selected the development team to build on the site in 2014.

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515 West 29th Street

11-Story, 12-Unit Mixed-Use Building Tops Out at 515 West 29th Street, Chelsea

3:00 pm on January 6, 2017 By Reid Wilson

The 11-story, 12-unit mixed-use building under construction at 515 West 29th Street, in West Chelsea, has topped out. Progress on the project, which includes façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the structure, built up from an existing six-story factory, encompasses 36,876 square feet and rises 135 feet in height. It will include 1,698 square feet of retail space across the cellar and ground floors, followed by 12 condominiums across the second through 11th floors. The apartments should average a spacious 2,932 square feet apiece. Bauhouse Group is the developer. SCDA Architects is the design architect and S.M. Berger Architecture is the architect of record.

247 West 42nd Street

Renovation Planned for Four-Story, 240,000-Square-Foot Retail Building at 247 West 42nd Street, Midtown

2:00 pm on January 5, 2017 By Reid Wilson

Tishman Realty is planning a $65 million renovation on the four-story, 240,000-square-foot commercial-retail building at 247 West 42nd Street, in the Times Square section of Midtown. The 400-foot-long structure, which includes the retail space under the Westin Hotel at the corner of Eighth Avenue, will receive a more streamlined and modern façade, with billboard advertisements. The property owner plans to keep some existing tenants while replacing others, Crain’s reported. Construction is expected in 2018, with occupancy anticipated in 2019.

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