Construction is underway on the fourth floor of the 17-story, 397-unit mixed-use building being developed at 515 Marin Boulevard, located between Eighth and Ninth streets in the Hamilton Park section of Jersey City. The construction update is possible thanks to a photo posted to the Forums. Dubbed Marin Residences, it will also feature 20,000 square feet of ground-floor retail space. Residential units will be located above, of which 20 percent (80 units) will be designated as affordable. It’s unclear if the apartments will be rentals or condominiums. A 261-car parking garage is also being built, in addition to a 30,000-square-foot public park directly behind the project. Kushner Real Estate Group and Claremont Properties are the developers. HWKN Architects is behind the design and completion is expected in late 2017.
515 Marin Boulevard
Jonathan Kushner’s KRE Group has received a $40 million tax break for their planned 17-story, 397-unit mixed-use building planned at 515 Marin Boulevard, in Jersey City’s Hamilton Park neighborhood. Twenty percent of the tower’s units will be affordable, and commercial space will measure roughly 20,000 square feet on the ground floor. The site is currently a parking lot, and groundbreaking is expected next month for an August 2017 completion, according to The Jersey Journal.