The massive upcoming development dubbed Hudson Exchange West will sit close to the waterfront of downtown Jersey City, and the first towers, designed by Perkins Eastman, will yield a combined total of 625,000 square feet. The 18-acre mixed-use master plan is being developed by Brookfield Properties and the grand plan’s second residential tower is already making its way into the skyline, with topping-out now drawing near.
Hudson Exchange West
Construction has topped out on the 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. The construction update is possible thanks to a photo posted to the Forums. The new building will contain 10,126 square feet of ground-floor retail space and 20 percent of the apartments (85 units) will be designated as affordable. The tower is being built as part of the 11-building Hudson Exchange West mega-development. The developer, Forest City Ratner, is facing a lawsuit over the legality of developing the property, due to a former railway that was removed in the 1990s, Jersey Digs reported. It appears construction on the first building has continued despite the legal challenge. Perkins Eastman is behind the design. Completion of the first building is expected in 2017.
Forest City Enterprises has received $40 million in state tax credits ahead of their planned 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. According to The Jersey Journal, 85 affordable units are being set aside, and the building will feature 10,126 square feet of retail. A second 35-story building is planned next door, and completion of the first is expected in late 2017. The greater development is dubbed Hudson Exchange West, and Perkins Eastman is designing.
The first renderings are up for a new project in Jersey City dubbed ‘Hudson Exchange West’. Images from the site’s architect, Perkins Eastman, were available online earlier in the week – but have since been…