Construction has commenced at 499 Summit Avenue, the site of a 53-story residential skyscraper in the Journal Square section of Jersey City. Led by Panepinto Properties and AJD Construction and designed by HLW International, the tower will contain 605 rental apartments, 3,200 square feet of retail space on the lower floors, and a parking garage. While the full amenity package has not been announced, renderings of the building reveal a roof deck above the podium level with a large communal terrace, outdoor lounge space, and planters. The development will also create a new public plaza.
499 Summit Avenue
Panepinto Properties has closed on a $193 million construction loan to complete Pathside, a 605-unit rental tower in Jersey City. Located at 499 Summit Avenue in the city’s Journal Square neighborhood, the building is designed by HLW International and will top out at 53 stories or about 566 feet.