A multi-building mixed-use project is in the early development stages at 246 Johnston Avenue, in the Liberty Harbor section of downtown Jersey City. The mega-project, dubbed Crescent Park and proposed by Quadrum Global, could contain 995 residential units as-of-right, or as much as 2,265 if the 7.5-acre property is rezoned. There would also be 50,000 square feet of retail space and 860 parking spaces, Jersey Digs reported.
Significant infrastructure work would first have to be completed, including a five-million-gallon storm tank, roadways, and site remediation. The city’s Planning Board has yet been presented the project at this time. Quadrum’s goal is to acquire the proper approvals for the master plan by the end of 2017 and begin the first phase of construction in 2018.