Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.
Kevin Shane and New Jersey-based Jeff Jordan Architects have conceptualized a 200-foot tall, 5,000-foot long pedestrian bridge linking Jersey City to Battery Park City, in Downtown Manhattan. Dubbed Liberty Bridge, the link would provide commuters with an alternative to public transit, according to Jersey Digs. The bridge would include both pedestrian and bike lanes, as well as retail spaces, works of art, park space, and solar panels.
Last week, YIMBY reported on the topping-out of the 69-story, 763-unit mixed-use tower under construction at 200 Greene Street, in Jersey City’s waterfront district, and now we can share photos of the view from the top of the 713-foot-tall tower. Dubbed URL Harborside, two more towers are planned, which will bring the site’s total number of apartments to 2,358. The first building will open for leasing at the end of 2016, according to developers Mack-Cali Realty Corporation and Ironstate Development Company.
Onyx Equities and Rubenstein Partners are renovating the 15-story, 320,000 square-foot office building at 30 Montgomery Street, in Jersey City’s waterfront district. According to Real Estate Weekly, the overhaul will include a glassy new two-story lobby, an updated façade, along with other improvements. The makeover is expected to be complete in December of 2015, and Cushman & Wakefield is marketing the building’s available space.
In early 2014, YIMBY revealed renderings of the 50-story, 446-unit 65 Bay Street, in Jersey City’s Exchange Place neighborhood. Now, courtesy of Tectonic Photo, the building is roughly 35 stories up and rapidly rising. Kushner Companies and KABR Group are developing the tower, which will have 41,000 square feet of amenities. Cladding is also beginning to make its way up the sides, and the existing parking garage is getting a facelift. Humphreys & Partners is designing, and completion is expected in 2017.
In 2013, YIMBY brought you news of the three-tower development URL Harborside planned at 200 Greene Street, on the Jersey City waterfront, and now the first tower has topped out at 69 stories, per Tectonic. The first tower will include 763 apartments and commercial space, but also a significant parking garage. The entire development will total 2,358 units, and Ironstate Development and Mack-Cali Realty Corporation are developing. Amsterdam-based Concrete is designing, and the first tower is expected to be complete in mid-2016.