The second tower of the Journal Squared complex, aka 537 Summit Avenue, is rising rapidly and will soon surpass the adjacent 574-foot-tall, 53-story building, which was the first completed segment of the upcoming trio of residential skyscrapers. The Jersey City property is designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Development. The second phase of Journal Squared will rise 759 feet, yield 700 units, 18,000 square feet of retail space, and feature a gross floor space of roughly 1,000,000 square feet.
537 Summit Avenue
Work on the second phase of Journal Squared at 537 Summit Avenue in Jersey City is progressing rapidly. Construction workers are pouring the floor slabs for what will become a 72-story residential skyscraper. The structure is set to stand 759 feet and become the tallest of the proposed trio of towers, of which one is already completed next door. All three are being designed by HWKN/Hollwich Kushner and Handel Architects. Kushner Real Estate Development is the developer of the entire site, which sits adjacent to the Journal Square PATH train station on a hill overlooking New York City. The second phase will yield 700 units, 18,000 square feet of retail space, and a gross floor space of roughly 1,000,000 square feet.
537 Summit Avenue [The Jersey Journal]: The KRE Group has begun excavation for their three-tower Journal Squared development — at 537 Summit Avenue, in Journal Square — with the first, 540-unit tower set to rise 54 floors. The second and…