Earlier this week, construction officially topped out at 547 West 47th Street, a new 12-story condominium tower in Hell’s Kitchen. Also addressed as 646 Eleventh Avenue, the building is expected to welcome residents by 2021 and will debut as ‘The West.’
Construction has passed the halfway point on 646 Eleventh Avenue, a full-block, mixed-use residential development in Hell’s Kitchen. GreenbergFarrow is the designer of the 12-story structure, which will feature an auto dealership and 40,000 square feet of retail space on the ground floor, 222 units spread over 161,000 square feet, 60 for-sale storage units, and will aim for LEED certification. Ironstate Development, CB Developers, and SK Development Group are the developers of the 30,000-square-foot property and purchased the lot for $93 million in the summer of 2018. The site, which is located between West 47th Street and West 48th Street, was once a two-story Lexus auto dealership.
This week, Ironstate Development and KRE Group launched preview leasing of 235 Grand Street, which will soon be one of the tallest residential structures to debut on Jersey City’s Hudson River waterfront. The 46-story tower is set to offer a collection of 549 apartments with an assortment of amenities. Designed by HLW International, the development is expected to grant occupancy by September 2019.
Leasing at 90 Columbus in downtown Jersey City is nearing its end, with over 400 of the 529 apartments now spoken for since the 51-story tower came to market last November. 90 Columbus is the fourth and final phase of The Columbus Collection, a mixed-use development by Ironstate Development Company and Panepinto Properties. There are a total of 1,484 rental residences, a 152-suite Residence Inn by Marriott hotel, an approximate 1,000-parking space enclosed garage, and street-level retail space housing a Base Gym and Sprove Market Place.
Last week saw the groundbreaking ceremony for a 309-unit mixed-use building rising on a 2.7-acre vacant lot at 100 Monitor Street, in Jersey City’s Lafayette neighborhood. The project will include 304 apartments, along with an 8,000 square-foot office for the Jersey City redevelopment agency and a 3,800 square-foot retail space. Ironstate Development Company will be responsible for the development, as well as their joint venture partners Brookfield Property Group and Landmark Developers.