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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

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    @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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    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?

  8. #5603
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Jersey Journal Building Going for FAA Approval

    FAA Permits Submitted For 841-Foot-Tall Tower At 30 Journal Square, In Jersey City
    BY: MICHAEL YOUNG 7:30 AM ON JUNE 28, 2019


    30 Journal Square, image by Morris Adjmi Architects

    Permits have been submitted to the Federal Aviation Administration (FAA) for work on 30 Journal Square, a proposed 841-foot-tall mixed-use skyscraper in Jersey City. Located at the southern corner of Slip Avenue and Bergen Avenue, the project is being designed by Morris Adjmi Architects and developed by Kushner Companies, which acquired the site for $3.575 million in 2013. The permits filed are for work between December 2019 and December 2022, so activity at the site could begin by the end of the year.

    Kushner’s website indicates that 30 Journal Square will have 741 residential units, 15,000 square feet of retail space, and nearly 100,000 square feet of office space. A curated sculpture garden will sit on the ground floor. The outside curtain wall features a bold pattern that goes up the entire height, and incorporates what appears to be expansive outdoor balconies on the residential portion. Situated on a hilltop, the tower will give future residents and tenants clear views of the downtown Jersey City skyline, Lower Manhattan, and Midtown, as well as plenty of daylight.

    The PATH trains at Journal Square are a five-minute walk from the property. Along with the nearby trio of residential skyscrapers at Journal Square, the construction at 30 Journal Square will help contribute to this isolated section of the Jersey City skyline. The development also sits 91 feet above ground level, which will visually elevate the height of the proposed skyscraper. In addition, these two large projects will revitalize and invigorate this part of the city with more living spaces and new energy.

    If the FAA permits are any indicator, work is expected to wrap by December of 2022.

    https://www.newyorkyimby.com/2019/06...rsey-city.html
    Last edited by JCMAN320; July 3rd, 2019 at 06:06 PM.

  9. #5604
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    Quote Originally Posted by citybooster View Post
    So they may be rising together in the next few months? 331 and 351 Marin Blvd?
    That's what workers on-site told me when I passed by on Tuesday

  10. #5605

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    Is the FAA limit bc of Newark/EWR? Newark seems a bit far away from that part of JC.

  11. #5606
    Forum Veteran West Hudson's Avatar
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    Thumbs up

    Quote Originally Posted by Hamilton View Post
    That's what workers on-site told me when I passed by on Tuesday
    Yes. They hammered test piles into the 331 Marin site (Mocco/Silverman) first, and then they moved back to the site across the street, 351 Marin (KRE Group) to hammer test piles there too.

  12. #5607
    Forum Veteran West Hudson's Avatar
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    Thumbs up 331 Marin Redesign

    It appears that the 331 Marin site was sold to the Albanese Organization (prominent residential developer in Lower Manhattan) and the tower was redesigned.

    Check out the Marchetto Higgins Stieve website for renderings...looks like an upgrade.

  13. #5608

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    Thanks for the info, Hamilton and West Hudson... and I will check out their website!

    As for JCMAN's scoop on 30 Journal Square... sounds amazing(original height I think was 799 ft )..but with this side of the Kushner family, I'll believe it when I see it.

  14. #5609

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    From what I read on SSP in the Jersey City thread, the contributor C showed off documents from May which indicate the 30 Journal Square development will have something of a height cut. It was listed on the documents at 68 stories, 718 ft with the office component(100,000 sq ft) no longer in play. Still a huge project for the area...IF it gets off the ground, and Jarod Kushner's family still has a big stake in this project, so who knows?
    Last edited by citybooster; July 2nd, 2019 at 08:13 AM.

  15. #5610
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Updated rendering for 331 Marin Blvd. and JSQ Sites Sold


    https://www.newyorkyimby.com/2019/07...rsey-city.html

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    Three Development Sites in Prime Journal Square Trade Hands
    By Jersey Digs - July 5, 2019

    Once the core of Jersey City, Journal Square is currently in the early stages of a comeback that so far is showing no signs of slowing down. The most prominent sign of the rebirth is KRE’s towering Journal Squared high-rise which welcomed residents last year. That project’s second and tallest tower is currently under construction and should top out by the end of the year.

    However, it’s not just large developers claiming a piece of Journal Square. Grid Real Estate just announced the sale of three smaller development sites, all within the Journal Square 2060 redevelopment zone, all to local mid-sized developers.

    “Journal Square continues to attract many small and large investors looking to develop within the 2060 redevelopment plan,” said Bob Antonicello, President of Grid Real Estate LLC. “The courthouse market is a natural extension of what’s coming to the ‘core’ of the square. We’re looking forward to seeing these projects going forward and the overall development of the city’s central business district as it continues to take center stage.”

    The properties sold are located at 425 Hoboken Avenue, 26 Oakland Avenue, and 14-16 Oakland Avenue. All properties were sold as vacant lots and fall within the Journal Square 2060 redevelopment plan.

    425 Hoboken Avenue is a 7,800-square-foot site that currently contains a vacant firehouse and abuts Namdar Group’s 30-story residential tower that has just broken ground. 26 Oakland Avenue is a 4,400-square-foot corner site which currently is a vacant parking lot and sits across from a recently approved 15-story 297-unit development. 14-16 Oakland Avenue is a 4,700-square-foot site that sits directly across from the soon to be Frank J. Guarini Court House.

    https://jerseydigs.com/three-develop...e-trade-hands/

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