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Thread: Jersey City Rising

  1. #5461
    Forum Veteran West Hudson's Avatar
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    Default 235 Grand Construction Update

    I've always liked this stretch of Downtown Jersey City since it started coming together about ten years ago, and I think 235 Grand is really going to have a huge impact on the area when it completes the streetscape. To me, this is starting to look like the Financial District in Manhattan with its winding streets lined with mid- and high- rise buildings but cleaner and without the overwhelming crowds (and I can see the pocket park as becoming a real center of activity lined with cafes and restaurants once this neighborhood is complete):





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    Last edited by West Hudson; February 19th, 2018 at 12:07 PM.

  2. #5462
    Forum Veteran West Hudson's Avatar
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    Thumbs up Roseland to Start Construction on 3 Monster Towers Late 2018/Early 2019

    According to the latest Mack-Cali earnings supplemental, their Roseland residential division is planning to start construction on three massive towers in Downtown JC between the end of this year and beginning of next year:

    -25 Columbus (Late 2018/718 apartments)
    -Plaza 8 (Early 2019/679 apartments)
    -Urby II (Early 2019/750 apartments)

    So these units should be hitting the market around late 2021/early 2022 (with a projected 36-month +/- construction timeframe). I guess the building boom should be resuming in about a year then (seems pretty stagnant right now with just one major ground breaking in the past 20 months).
    Last edited by West Hudson; February 23rd, 2018 at 01:49 AM.

  3. #5463

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    Quote Originally Posted by West Hudson View Post
    According to the latest Mack-Cali earnings supplemental, their Roseland residential division is planning to start construction on three massive towers in Downtown JC between the end of this year and beginning of next year:

    -25 Columbus (Late 2018/718 apartments)
    -Plaza 8 (Early 2019/679 apartments)
    -Urby II (Early 2019/750 apartments)

    So these units should be hitting the market around late 2021/early 2022 (with a projected 36-month +/- construction timeframe). I guess the building boom should be resuming in about a year then (seems pretty stagnant right now with just one major ground breaking in the past 20 months).

    What does Plaza 8 look like?

  4. #5464
    Forum Veteran West Hudson's Avatar
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    Quote Originally Posted by msands7 View Post
    What does Plaza 8 look like?
    No renderings out yet but they're apparently partnering with Garden State Development on the project (just like they did for Monaco and Marbella/M2).

  5. #5465
    Forum Veteran West Hudson's Avatar
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    Thumbs up 99 Hudson Update

    I believe it's only about halfway to its final height, despite how tall it already is:

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  6. #5466
    Jersey Patriot JCMAN320's Avatar
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    Cool Rooms with a View!

    120-Room Hotel Planned Outside Liberty State Park
    By Jared Kofsky - March 5, 2018


    The proposed Morris Hotel on Communipaw Avenue, Bergen-Lafayette, Jersey City. Rendering via Jeffrey A. Fleisher Architect.

    Currently, visitors seeking an overnight stay in Jersey City must look along the Tonnelle Avenue corridor, in Downtown, or near the Hudson River waterfront. Many of the city’s communities, including The Heights, Greenville, McGinley Square, and the West Side remain largely residential and lack places for short-term accommodations other than Airbnb rentals. However, that could soon be changing in one Jersey City neighborhood that borders some of the area’s most visited tourist attractions.

    Bergen-Lafayette could gain its first hotel if a proposal by Frank Cretella of Garfield Avenue-based Landmark Developers continues to move forward. Records from the Jersey City Redevelopment Agency (JCRA) show that the Morris Hotel is being proposed for 269 and 273 Communipaw Avenue. If completed, the building would include 120 guest rooms and suites, along with parking, a restaurant, and coffee shop. Jeffrey A. Fleisher Architect of Hunterdon County is behind the design for this seven-story project.

    The JCRA Board of Commissioners voted to designate the company as the property’s redeveloper during its meeting on Feb. 20.

    The site in question borders the Hudson-Bergen Light Rail tracks and a residential block. Located near the Liberty Science Center, Liberty State Park, and the Liberty State Park Light Rail Station, the tracts are currently gated vacant lots that are owned by New Jersey Transit (NJT). According to the JCRA’s resolution, Landmark “will seek to enter into a purchase and sale agreement for the property” and the redevelopment agency’s staff has found the application “acceptable and supportive of the proposed hotel for the site.”

    However, NJT spokesperson Lisa Torbic told Jersey Digs that “NJ TRANSIT has not been contacted in connection with any interest by the developer to acquire the referenced property.”

    Landmark Developers and its sister organization, Landmark Hospitality, are behind multiple projects and businesses in Jersey City: Liberty House Restaurant at Liberty State Park and the upcoming 100 Monitor Street project nearby. Their proposal for the Morris Hotel still has a long road ahead, since the plan requires approval from NJT and the Jersey City Planning Board. Should Landmark’s application advance to those stages, the public would be able to weigh in on the proposal during public hearings held by both agencies.

    https://jerseydigs.com/hotel-propose...k-jersey-city/

  7. #5467
    Forum Veteran West Hudson's Avatar
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    Thumbs up Journal Squared #2 Finally U/C

    According to the below post on SSC, it looks like site prep is now complete and deep foundation equipment has finally arrived. The first major development to break ground this year in Jersey City:

    http://www.skyscrapercity.com/showpo...&postcount=144

  8. #5468
    Forum Veteran West Hudson's Avatar
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    Thumbs up 700 Washington Street - Site Prep

    It's not clear exactly which building they'll start with, but pretty much the entire section of Newport north of the Green has been cleared, and a pile driver has arrived for test piling.



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  9. #5469

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    what building is this under construction?

  10. #5470
    Forum Veteran West Hudson's Avatar
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    Default Test Piles at 700 Washington

    This site is just north of (immediately adjacent to) Newport Green, so not sure if this is technically 700 Washington, but it's part of the Newport North waterfront area. They are clearly getting ready to start construction of one of the major proposed towers in this new neighborhood.



  11. #5471

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    Why is it when new buildings open the retail is so dull ? I mean nothing but rudimentary retail services.

  12. #5472
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    Quote Originally Posted by citybooster View Post
    Why is it when new buildings open the retail is so dull ? I mean nothing but rudimentary retail services.
    I wouldn't expect brick-and-mortar retail as we've known it for the last hundred years or so to ever return, given that most people living in these gentrifying neighborhoods buy everything from electronics to shoes from online retailers. Even brick-and-mortar retail bank locations are closing since banking is being done increasingly online.

  13. #5473
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Lafayette Living Large

    $84 million mixed-use project breaks ground in Jersey City
    By Elana Knopp, April 16, 2018 at 3:00 AM


    100 Monitor St., in Jersey City’s Lafayette neighborhood.

    Hoboken-based real estate firm Ironstate Development Co. and joint venture partners Brookfield Property Group and Landmark Developers broke ground recently on 100 Monitor St., a 309-unit luxury rental building in Jersey City’s burgeoning Lafayette neighborhood.

    The mixed-use project will also include 3,800 square feet of street-level retail space and 8,000 square feet of commercial space that will serve as the new headquarters for the Jersey City Redevelopment Agency.

    The five-story steel and brick building will occupy a now-vacant 2.7-acre site just steps from the Liberty State Park Hudson-Bergen Light Rail Station and within walking distance of the Liberty Science Center and Liberty State Park.

    The project will take approximately 22 months to complete.

    The $84 million development reflects a growing interest in Lafayette and is expected to fuel further investment in a neighborhood that continues to attract multifamily development, new businesses and restaurants.

    “We’ve been committed to Jersey City for more than two decades and view Lafayette as an emerging neighborhood with significant growth potential,” Ironstate President David Barry said. “Our location adjacent to a Light Rail Station will conveniently connect residents to downtown Jersey City and additional public transportation options.”

    Situated within the Morris Canal Redevelopment Area, the project is the latest sign of increased investment and development beyond the waterfront and into other areas of the city.

    "I am proud to join Ironstate Development, Brookfield Property Group and Landmark Developers to mark the groundbreaking of an exciting development that will bring jobs and businesses back to the Bergen-Lafayette neighborhood,” Jersey City Mayor Steven Fulop said. “Development interest in Jersey City is moving away from the waterfront, and we are thankful to those who see the potential of this neighborhood, including its businesses and residents, and choose to invest in it.”

    http://www.njbiz.com/article/2018041...in-jersey-city

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    There are currently 7 other building projects going up within a 3 block area of this site with one planned, here are a few below:

    https://jerseydigs.com/342-johnston-...ring-revealed/

    https://jerseydigs.com/424-whiton-st...city-for-rent/

    https://jerseydigs.com/upcoming-deve...e-jersey-city/

    https://jerseydigs.com/pine-street-l...city-proposal/
    Last edited by JCMAN320; April 17th, 2018 at 10:13 AM.

  14. #5474
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Baldwin Lofts Coming to McGinley Square

    Baldwin Avenue Warehouse to Become Residential Lofts[
    By Heather Dean Bennington - April 19, 2018


    56 Baldwin Avenue. Photo courtesy of GRID Real Estate.

    The President of GRID Real Estate LLC, Bob Antonicello, announced earlier this week that the two-story industrial property at 56 Baldwin Avenue in Jersey City has been sold to Monticello Equities LLC in a deal brokered by GRID Real Estate and CBRE. The Class C industrial warehouse was built in the 1920s and has a gross building area of over 15,000 square feet. Sitting on the corner of Baldwin Avenue and Montgomery Street, the property is a 15-minute walk to Journal Square. The building, which has been family-owned-and-occupied since the 1920s, will be converted into residential lofts.

    “McGinley Square and Bergen Hill have been discovered by value-seeking developers,” said Antonicello. “We have seen over the last two years, Bergen Hill and McGinley Square move from emerging market to a rapidly transitioning market. KABR is nearing completion of their 720 Bergen Avenue project and Monticello Equities broke ground in January on the 96-unit, 136 Summit Avenue project. We are finally seeing the kind of traction in these important neighborhoods community leaders have been working toward for many years.”

    https://jerseydigs.com/56-baldwin-av...rsion-planned/

  15. #5475

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    A couple of very nice smaller developments! Good to see development spreading out across the city rather than just the predictable clusters downtown and the waterfront!

    Question about Harborside...Mack Cali has touted the renovation of Harborside Terminal but other than some inside work, when will the transformation to world class retail and dining really go forward? The Piggyback is a nice new addition, but it still looks transitional inside and same old same old on the outside.

    And there is still a lot of empty or underused retail/dining/service space in too much of downtown and the waterfront. Are the asking rents ridiculous or is simply no one interested in all that space?

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