Namdar Group has closed on a $160 million bridge loan for 9 Homestead Place, a 27-story residential tower at 618 Pavonia Avenue in Jersey City. Designed by C3D Architecture, the structure will yield 432 rental apartments, 10,000 square feet of ground-floor retail space, a 21,000-square-foot office component, and a collection of amenity spaces.
Construction has topped out on 618 Pavonia Avenue, a 27-story mixed-use tower in Jersey City‘s seven-building, 2.1-million-square-foot Homestead Place master plan. Designed by C3D Architecture and developed by Namdar Group, the 293-foot-tall structure will yield 376 residences with 24 studios, 264 one-bedrooms, 80 two-bedrooms, and eight three-bedroom units, as well as 5,500 square feet of ground-floor retail area and office space on the second through fourth floors. 618 Pavonia Avenue is bound by Pavonia Avenue to the south, Homestead Place to the east, and Van Reipen Avenue to the north.
This week, C3D Architecture unveiled a trio of new renderings for 618 Pavonia Avenue, a 27-story mixed-use tower in Jersey City. Now under construction, the tower will join Homestead Place, a seven-building master development from Namdar Group that will eventually comprise over 2.1 million square feet, one of the largest ongoing construction projects in the city.
Renderings have been released for the third and final phase of Namdar Group‘s three-tower, 777-unit mixed-use development in Journal Square, Jersey City. Designed by C3D Architecture, 618 Pavonia Avenue will join the 20-story 26 Cottage Street and the 27-story 26-28 Van Reipen Avenue, all high rises connected by Homestead Plaza, a pedestrian plaza within walking distance of the PATH station. 618 Pavonia Avenue is set to rise 293 feet and 27 stories.