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.
Ahead of a vote that would allow casinos to operate in northern New Jersey, Paul Fireman is refining plans for a casino project, dubbed Liberty Rising, and located at 100 Caven Point Road, directly north of his golf course in southern Jersey City. According to The Wall Street Journal, a 90-story, 1,500-key luxury hotel is in the works, which would include a slew of restaurants and a theater.
Hudson County Community College has broken ground on a six-story, 74,000 square-foot academic building at a former parking lot at 263 Academy Street, in Jersey City’s Journal Square. The building will house STEM classes, and completion is expected in the Fall of 2017, according to The Jersey Journal. RSC Architects is designing.
NorthJersey.com reports that excavation has begun at 33 Park Avenue, in Jersey City’s Liberty Harbor area, where Fisher Development is building two 44-story mixed-use towers containing 900 residential units. Perkins Eastman’s design was revealed by YIMBY in February, the towers will be built in phases, and completion of the first building is expected by 2017.
Back in early September, NJ Biz reported on two new towers coming to the Jersey City waterfront, after “LHN Owner Urban Renewal LLC” sought approval for a ten-year tax abatement. YIMBY now has the reveal for the…