Joint venture PH Urban Renewal, comprised of developers L+M Development Partners and Low-Income Housing Corporation, is proposing to develop a mixed-use tower at 25 Columbus Drive, in the Paulus Hook section of Jersey City. At this point, the project is expected to include up to 750 residential units, of which five percent (37 units) would be designated as affordable, the Jersey Journal reported. The tower’s base would feature a 35,000-square-foot, 200-student privately-funded public school for levels pre-K through first grade.
Renderings have only been released of the school component. The project requires zoning changes that the Jersey City Planning Board must approve. It recently began the four-month-long approval process, while construction is tentatively expected to begin in mid-2017. The site is currently a parking lot.
Subscribe to the YIMBY newsletter for weekly updates on New York’s top projects
Follow YIMBY’s Twitter for the latest in YIMBYnew