Jersey City

One Journal Square

56-Story, 744-Unit Mixed-Use Tower Proposed At One Journal Square, Jersey City

Earlier this year, Kushner Companies and KABR Group acquired the development site at One Journal Square, in Jersey City’s Journal Square neighborhood, and now an initial rendering has surfaced of the project’s first tower. Proposed at 56 stories and 666 feet, the 1.1 million square-foot building will have 744 residential units, with 120,000 square feet of retail and office space in its nine-story base, per The Jersey Journal. The Planning Board has not yet approved the tower. Last year, YIMBY revealed Humphreys & Partners’ now-outdated proposal.



515 Marin Boulevard

Groundbreaking Next Month For 17-Story, 397-Unit Building At 515 Marin Boulevard, Jersey City

Jonathan Kushner’s KRE Group has received a $40 million tax break for their planned 17-story, 397-unit mixed-use building planned at 515 Marin Boulevard, in Jersey City’s Hamilton Park neighborhood. Twenty percent of the tower’s units will be affordable, and commercial space will measure roughly 20,000 square feet on the ground floor. The site is currently a parking lot, and groundbreaking is expected next month for an August 2017 completion, according to The Jersey Journal.


880 Bergen Avenue

Eight-Story Building At 880 Bergen Avenue Slated For Residential Conversion, Journal Square

The eight-story, 45,000 square-foot mixed-use office building at 880 Bergen Avenue, in Jersey City’s Journal Square, has been purchased for $5.6 million by Bergen Academy Associates. The art deco building is slated for a residential conversion by the new owners, although it’s not known if the ground-floor commercial-retail will remain. GRID Real Estate and CBRE marketed the property.


75 Park Lane

Chinese Firm Plans 37- & Seven-Story Condo Buildings At Two Sites In Jersey City’s Newport

Strategic Capital, a branch of China State Construction Engineering Corp., has acquired the development sites at 75 Park Lane and 2 Shore Drive North, both in the Newport neighborhood of Jersey City. According to NJ Biz, the sites are approved for 37- and seven-story condominium buildings, respectively, totaling a combined 632,000 square feet of space, which includes 24,000 square feet of retail. The new owner plans to develop the condos, and Holliday Fenoglio Fowler marketed the sites.


Fetching more...