Construction is reportedly getting underway on the six-story, 29-unit residential building under development at 61 Newkirk Street, in the Journal Square section of Jersey City. The condominium project will measure roughly 34,000 square feet. Titanium Realty Group and Old City Investment Partners are the developers. Kushner Studios is behind the architecture. The project was recently granted a five-year tax abatement, Jersey Digs reported. A construction timeline has not been disclosed.
An anonymous Delaware-based LLC has filed paperwork to amend previously granted building permits to convert the two-story commercial warehouse at 151 West Side Avenue, in Jersey City, into a 119-unit residential building. The existing warehouse is located between Fulton and Woodlawn avenues on Jersey City’s West Side. Part of the warehouse would be demolished, Jersey Digs reported. The project would also contain 118 off-street parking spaces. The city’s Zoning Board of Adjustment, which originally approved applications for a 116-unit conversion in the spring, must approve the changes. A hearing will be held on December 15.
Union City, N.J.-based RJS Central has proposed to redevelop the two-story mixed-use building at 402 Central Avenue, located in The Heights section of Jersey City, into a four-story, 14-unit mixed-use structure. The existing ground-floor retail space, currently vacant, would be retained and receive a renovation of its own, Jersey Digs reported. The single apartment on the second floor would be joined by 13 additional apartments, presumably across the second through fourth floors. The city’s Zoning Board of Adjustment must approve the plans. A construction timeline has not been released.
Hoboken-based Urban Square Properties is moving forward with demolition work to make way for a six-story, 27-unit mixed-use building at 500 Palisades Avenue, located on the corner of Bowers Street in The Heights section of Jersey City. The project will include 2,834 square feet of ground-floor commercial space, as well as a gallery. There will also be a 14-car parking garage, Jersey Digs reported. Lee Levine Architects is behind the design. The project was approved in May by the city’s Zoning Board. Urban Square then purchased the property, previously owned by CLG Properties, for roughly $1.9 million during the summer. A targeted completion date has not been revealed.
Morris County, N.J.-based K.D. Properties is planning to develop a six-story, 25-unit residential project at 469 Newark Avenue, located on the corner of Waldo Avenue in the Journal Square section of Jersey City. The new building will also include a 25-car parking garage on the ground floor, Jersey Digs reported. The Jersey City Board of Adjustments originally approved the project back in 2008, although it only recently received a tax exemption that will expire within five years. The site, which traded hands for $800,000 in 2015, is currently vacant. Construction is expected to be complete by early 2018.