Tbal great news. Newark Ave is really starting to heat up and JC's Restaurant Row is really starting to take shape. I can't wait for the streetscape renovation project to get started.
35-story tower for 110 First St.
452 units to rise across from former artists' building
Reporter staff writer
The Jersey City Planning Board on Tuesday approved the site plan for a proposed 35-story, 452-unit rental building on First Street in downtown Jersey City.
The building will rise across from the former artists' lofts at 111 First St., lofts that were eventually torn down after a long battle between the developer and the artists who worked there.
The same developers will now transform the vacant property across the street at 110 First St.
Both properties are owned by BLDG Management, run by New York City billionaire landowner Lloyd Goldman.
Presentations were given by the attorney and architect for the project, as well as the corporation counsel for Jersey City, Bill Matsikoudis. Also in attendance was City Councilman Bill Gaughan, who spoke in favor of the 110 First St. project.
Matskioudis spoke about the settlement that was reached in June 2006 between the city and Goldman. Goldman had filed a $100 million lawsuit against the city for blocking his intended demolition of the then one-million-square-foot 111 First St. building in order to build high-rise housing there.
The settlement resulted in both the 110 and 111 First St. properties being placed in a special zone that skirted around the zoning in the city's Powerhouse Arts District, which normally would have kept them low rise.
Specifically, the settlement called for the 110 First St. location to have one 40-plus-story tower with 345 units. Instead, the tower is shorter, but the number of units has increased.
Also, the project will have a nine-story parking garage, a landscaped deck and over 13,000 square feet of retail on the ground floor.
JCMan Note of the Nite:
It seems to me that the building will have a large painting of some sort on the front of the building to add to the art district. The painting and entrance to the building will abut the sulpture garden near the lightrail being built along with the Athena. Even the Athena has a sclutpure in front of it and art work hanging in the lobby. Good to see. Wish the building was a little more creative but its being done with brick to fit in with the warehouse feel of the area.