Real estate development and investment company LCOR is set to commence construction this month on Hoboken Connect, a mixed-use complex along the Hudson River waterfront in Hoboken, New Jersey. The development will feature a residential tower, an office building, and public open space across a nearly two-acre footprint around Hoboken Terminal.
The first phase will consist of a 27-story residential building designed by CetraRuddy and SLCE Architects that is planned to yield 386 units, with 20 percent dedicated to affordable housing. Amenities will include a fitness center, coworking spaces, and a pool.
The 21-story office building will yield 704,000 square feet of Class A office space and will offer panoramic views of New York City, as well as a variety of amenities, including a conference facility and outdoor loggias.
Both buildings plan to incorporate green roofs. The office building on the campus plans to achieve LEED Gold status, and the residential building expects to achieve LEED Silver status and incorporate a geothermal energy system, making it the first of its kind in New Jersey.
Hoboken Connect is expected to result in a $900-plus million investment in Hoboken’s waterfront, generating tens of thousands of permanent and construction jobs, and increasing spending in the area.
“We’re proud to commence construction on Hoboken Connect, a unique project set to redefine how we approach integrating residential, commercial, transportation infrastructure, and public spaces for the strongest community outcomes,” said Brian Barry, senior vice president at LCOR. “LCOR is honored to serve as a catalyst for innovation and sustainable development in Hoboken. Throughout this initiative, our primary focus will remain on fostering economic growth, enhancing the overall commuter experience, expanding job opportunities, and enhancing lifestyles to meet the unique needs of the Hoboken community and NJ Transit commuters.”
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this should be way way larger, with such a close connection to manhattan and hoboken terminal. hope when they eventually cap over the rail yards they don’t hold back.
Blame Hoboken nimbys
It’s always been weird how all these Hoboken Terminal adjacent development iterations have all been so low ambition.
This could be a lot bigger.
Investment funds should be consistent with the project, and it’s good that there hasn’t been any opposition yet: Thanks.
Hoboken buildings are not allowed to block NYC views for JC Heights and Union City. That is why all their projects are low-rise compared to downtown JC.