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Thread: Jersey City Rising

  1. #5596
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up New Micro Unit Building in JSQ and Leasing Begins for 235 Grand St.

    Procida Funding finances $25M for micro-apartment building in Jersey City
    June 12, 2019 5:21 pm


    Nest Micro-Apartments in Jersey City.- PROCIDA FUNDING

    Real estate lender Procida Funding LLC announced on Wednesday that it provided an $18.5 million construction loan, on behalf of the 100 Mile Fund, which Procida exclusively manages.

    The loan made to Keith Schwebel and Ken Sato of Strategic Properties LLC will finance “Nest Micro-Apartments,” a 122-micro-unit apartment building development project in the Journal Square section of Jersey City. Total project capitalization is $25 million.

    This project is the first micro-apartment building in Jersey City.

    Nest Micro-Apartments will be a 43,310-gross-square-foot, 122-micro-unit studio, Class A multifamily building with one retail unit building constructed on a 9,294-square-foot vacant land parcel located at 184-190 Academy St.

    The project was designed by architect Richard Garber of GRO Architects and is being built by March Associates Construction.

    https://njbiz.com/procida-funding-fi...g-jersey-city/

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    Preview leasing begins for new 46-story tower in downtown Jersey City



    https://njbiz.com/preview-leasing-be...n-jersey-city/

  2. #5597
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Garage to Meet It's Maker

    Demolition Will Begin Soon at Silverman’s 170 Erie Street in Jersey City [Renderings]
    By Chris Fry - June 21, 2019


    170 Erie Street, Jersey City. Photo courtesy of STUDIO V Architecture.

    One of Jersey City’s most prominent developers has announced they will soon be tearing down a parking garage to make way for their newest mixed-use project in the Hamilton Park neighborhood.

    Publicized in an Instagram post earlier this week, local builder Silverman’s next development is set for 170 Erie Street. An empty garage on the property just had the power disconnected and the company expects to receive their demolition permit very soon, after which the building will be torn down.

    We first broke the news of the impending development almost a year ago, which is designed by New York-based STUDIO V Architecture. Set to rise ten stories, the project is truly mixed-use and will feature retail, office, and residential components.

    The two retail storefronts, one of 5,200 square feet and the other of 3,800 square feet, will sport large floor-to-ceiling windows and be entered from the Erie Street side of the property. The remainder of the first and second floors will contain 50 garage spots utilizing a triple-stacking system to maximize space. The third and fourth floors of the development will consist of 20,518-square feet of office space, which includes a rear-facing terrace area.

    59 residential units intended as rentals will take up the next five stories, with apartments on the higher floors featuring balconies with glass wall components. The top floor will consist of common amenity space and is set to include a roof deck, lounge, business center, media room, bar, and gym. Vertical construction seems likely to happen later this year.

    The movement forward on 170 Erie Street could potentially muddy the waters for Silverman’s other notable Jersey City project at 331 Marin Boulevard. Set to be the company’s first proper high rise topping out at 41 stories, the land hasn’t seen much activity since a lone building on the parcel was torn down in early 2018.



    Rendering of the new building, courtesy of STUDIO V Architecture.



    10th Street elevation. Rendering courtesy of STUDIO V Architecture.

    https://jerseydigs.com/demolition-be...t-jersey-city/
    Last edited by JCMAN320; June 24th, 2019 at 09:24 AM. Reason: updated rendering

  3. #5598

    Default

    @JCMAN - how are you able to post pictures from links? I try to and tells me the action is not possible. I am using a Chrome browser.

  4. #5599
    Jersey Patriot JCMAN320's Avatar
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    Default

    Quote Originally Posted by Czervik.Construction View Post
    @JCMAN - how are you able to post pictures from links? I try to and tells me the action is not possible. I am using a Chrome browser.
    Hey Czervik. On the website, bring your cursor over the image and right click the image and choose "Copy Image Address". When you paste the image address in your post, put [img] & [/img] on either end of the image url. Once you do that it should come up as the image you want.

  5. #5600
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up 331 Marin Blvd. Getting in the Ground

    Quote Originally Posted by West Hudson View Post
    Correct.

    btw - there's also been a bit of activity at the 331 Marin site lately, but nothing major (and it's still being used as a parking lot).
    Parking lot is closed. Pile driver with a flat bed full of steel beams were on site this morning. 331 Marin Blvd. is getting in the ground!

    This project is being built by Silverman and will be 41 stories, with 448 rental apartments, 5,000 sq ft. of retail, and 125 seat, 6,470 sq ft. theater for JC based theater and art production company Art House Productions.





    https://www.cityrealty.com/nyc/marke...-skyline/15684
    Last edited by JCMAN320; June 25th, 2019 at 11:42 AM. Reason: added hyperlink

  6. #5601
    Forum Veteran West Hudson's Avatar
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    Exclamation Heavy Equipment Arrives at 351 Marin Boulevard

    Fences went up around the site containing Avel Autoworks and Budget Truck rental (among other properties) about two blocks north of the Grove Street PATH station last week, and a pile driver & other heavy equipment arrived yesterday. Looks like this one should be starting construction very soon.

    The tower is supposed to rise 37 stories, according to renderings that were released about a year ago. The developer is KRE Group, which is wrapping up construction of the tower at 233 Grand Street in Liberty Harbor.






    Last edited by West Hudson; June 25th, 2019 at 01:18 PM.

  7. #5602

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    So they may be rising together in the next few months? 331 and 351 Marin Blvd?

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