Forest City Enterprises has received $40 million in state tax credits ahead of their planned 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. According to The Jersey Journal, 85 affordable units are being set aside, and the building will feature 10,126 square feet of retail. A second 35-story building is planned next door, and completion of the first is expected in late 2017. The greater development is dubbed Hudson Exchange West, and Perkins Eastman is designing.
Hudson Exchange West, rendering via EB-5 Investment
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