In early 2014, YIMBY revealed renderings of the 50-story, 446-unit 65 Bay Street, in Jersey City’s Exchange Place neighborhood. Now, courtesy of Tectonic Photo, the building is roughly 35 stories up and rapidly rising. Kushner Companies and KABR Group are developing the tower, which will have 41,000 square feet of amenities. Cladding is also beginning to make its way up the sides, and the existing parking garage is getting a facelift. Humphreys & Partners is designing, and completion is expected in 2017.
In 2013, YIMBY brought you news of the three-tower development URL Harborside planned at 200 Greene Street, on the Jersey City waterfront, and now the first tower has topped out at 69 stories, per Tectonic. The first tower will include 763 apartments and commercial space, but also a significant parking garage. The entire development will total 2,358 units, and Ironstate Development and Mack-Cali Realty Corporation are developing. Amsterdam-based Concrete is designing, and the first tower is expected to be complete in mid-2016.
In New York City, the current real estate boom has left the largest marks on the Midtown Manhattan and Downtown Brooklyn skylines, but the rise of Jersey City over the past few years has been equally if not more impressive. And while the latest additions across the Hudson have been predominantly residential, YIMBY has word that a 95-story tower is now in the works at 55 Hudson Street, which could make it the tallest building in both Jersey City, and all of New Jersey.
In October 2014, YIMBY reported on the ground breaking of a 54-story, 538-unit residential tower in the heart of Jersey City’s Journal Square neighborhood. The building, the first within the larger Journal Squared project, now stands 19 stories tall, and is slated for completion in mid-2016, per The Jersey Journal. The other two towers will stand 60 and 70 stories, containing 600 and 700 additional residential units respectively. Kushner Real Estate Group is developing, while HWKN and Handel Architects are designing.
A six-story, 163-unit residential building is currently four stories up at 715 Jersey Avenue, in Jersey City’s Hamilton Park neighborhood, on 10th Street. According to The Jersey Journal, the building sits on a 12-foot embankment, where a railway once operated; Conrail abandoned the rail line back in 1995. Completion is expected next summer, and LeFrak is developing the project, dubbed Embankment House. The same developer is also planning an identical residential building a block to the west, between Coles and Mammoth Streets.