Following years of dispute and litigation, the Jersey City Planning Board has officially granted Kushner Companies necessary approvals to begin construction on One Journal Square, a two-skyscraper complex in downtown Jersey City. Designed by Woods Bagot, the buildings will comprise 2 million square feet and stand 710 feet tall.
Jersey City Redevelopment Agency
Jersey City Mayor Steven Fulop this week announced that all litigation between the city, Kushner Companies, and the Jersey City Redevelopment Agency has concluded. The agreement settles lawsuits brought by Kushner Companies beginning in 2018 regarding construction delays at 1 Journal Square, a forthcoming residential development in Jersey City.
A consortium of state agencies has confirmed commencement of the Bayfront Redevelopment Plan in Jersey City, purportedly the largest-ever mixed-income development in the Tri-State Area. The multi-phase project will eventually comprise 8,000 apartments with support from Jersey City Mayor Steven M. Fulop, the Jersey City Redevelopment Agency, and the city’s Departments of Housing, Economic Development, and Commerce.
Forgarty Finger Architecture has unveiled official renderings of a new mixed-use residential building in Jersey City. The rising property is located at 387 8th Street, and sits squarely within the new Enos Jones Redevelopment Plan Area. Given the property’s location, developer RAFA Realty was required to seek special approvals from the Jersey City Redevelopment Agency (JCRA), which were granted in September 2018.
Secaucus, N.J.-based Tovaste Management has been selected to propose development plans at 23 Cornelison Avenue, a vacant, city-owned plot located in Jersey City’s Bergen Hill section. The Jersey City Redevelopment Agency (JCRA) selected the developer in January, Jersey Digs reported. Tovaste is currently proposing a five-story, 30-unit residential project that would include 21 off-street parking spaces. The developer has roughly three more months to complete negotiations with the JCRA.