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.
Whether driving out from the Holland Tunnel, or taking I-78 East or Route 9 into Jersey City, the sight of Journal Squared, designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Development, is hard to miss from the highways. Perched on the high hills above the PATH train station to the west of the downtown district, the views and sights of both Jersey City and Manhattan are unbeatable from the top floors. For the past couple of months, work has significantly geared up on the second phase of the complex, which will imminently yield a 72-story residential tower standing 759 feet.
Jersey City’s ongoing development boom has chiefly been focused along the waterfront, but the tendrils of new construction have also started to wrap their way across increasingly distant swaths of the city, including 485 Marin Boulevard, in Hamilton Park. There, HWKN has designed an 18-story and 397-unit rental development for KRE Group, which is now almost complete.
Early renderings are out for a sleek and modern building at 378 Broome Street, in Little Italy. The project will replace the Chapel of San Lorenzo Ruiz, a defunct Catholic church that was sold for over $7 million to real estate firm Urban Standard Development, after the Archdiocese of New York declared that it was no longer sacred.
After a few years of waiting, construction has finally begun on the second phase of Journal Squared, in Jersey City’s Journal Square neighborhood. Back in August, YIMBY interviewed Mayor Fulop who indicated progress on the site would be imminent, and now the latest photos from apophenic show that excavation has officially commenced on the tower. Designed by HWKN/Hollwich Kushner and Handel Architects, it will stand 72 floors and 759 feet to its rooftop.