TriBeCa-based Opis Partners is planning to develop a seven-story, 20-unit residential building at 325 Pine Street, in the Bergen-Lafayette section of Jersey City. The project will feature rental apartments, ranging from one- to three-bedrooms, Jersey Digs reported. The Jersey City Redevelopment Agency (JCRA) selected Opis as the developer last August. In October, the city’s Planning Board approved the project, which required a height variance. The development site, spanning 323-325 Pine Street, consists of two three-story, multi-family townhouses. A construction timeline has not been revealed, although the first step would be to demolish the existing structures.
The Ishay Group is planning to convert and expand the vacant four-story, 17,700-square-foot commercial building at 3464 John F. Kennedy Boulevard, located on the corner of Charles Street in The Heights section of Jersey City, N.J. The project, dubbed The Studebaker Lofts, includes expanding the structure vertically by a single floor, Jersey Digs reported. The final product will feature 14 residential units and 2,350 square feet of ground-floor retail space. The city’s Zoning Board of Adjustment approved the plans in April 2015. A construction timeline has not been released.
Construction is well underway on a five-story, 36-unit residential project at 747 Grand Street, located on the corner of Harmon Street and Arlington Avenue in the Bergen-Lafayette section of Jersey City, N.J. The apartments will be market-rate rentals, Jersey Digs reported, with either one- or two-bedroom configurations, ranging from 700 square feet to 900 square feet. The project also features a 29-car parking garage. Paramus, N.J.-based West of Hudson Properties is developing the project, dubbed Grand Parc Residences. Construction began late last year and completion can likely be expected around 2018.
Construction has topped out on the 43-story, 376-unit mixed-use tower, dubbed Ellipse, at 1-25 14th Street, located in the Newport section of Jersey City, N.J. The structure, which is now receiving glass installation on its 27th floor, can be seen thanks to photos posted to the YIMBY Forums. The 592,800-square-foot tower’s apartments will be rentals, ranging from studios to three-bedrooms. There will be 24,000 square feet of amenities, as well as a retail component near street level. The LeFrak Organization is the developer. Arquitectonica is the design architect and Haines, Lundberg & Waehler (HLW) is the executive architect. Completion is expected later this year.
Sequoia Development Group and GRID Real Estate are planning a 16-story, 300-unit mixed-use building at 533 Mercer Street, located on the corner of Jordan Avenue in the McGinley Square section of Jersey City. Dubbed 289 Jordan, it would include apartments ranging from studios to three-bedrooms, of which 56 units, or roughly 19 percent, would be designated as affordable. There would also be 4,000 square feet of retail space on the ground floor, Jersey Digs reported. Marchetto Higgins Stieve Architects is responsible for the design. Before the as-of-right project can rise, a collection of single- to three-story mixed-use structures must first be demolished.