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.
Following the successful resolution of recent litigation with Jersey City, a new design has been released for Kushner Companies’ planned two-towered high rise residential development at 1 Journal Square Plaza, in Jersey City‘s Journal Square. Also known as 1 Journal Square, construction is expected to break ground in 2021. The revised designs would add two major skyscrapers to the neighborhood’s growing skyline, both standing over 700 feet to their rooftops.
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.
The Lofts Pier Village has officially topped-out in the seaside village of Long Branch, New Jersey. Extell Development Company recently celebrated the milestone achievement alongside key members of the project team, who have already been awarded for their contribution to the local community by the New Jersey Builders Association.
Since launching sales in 2017, Extell’s latest property in New Jersey, The Lofts Pier Village, has now passed several milestones, with more than 100 residences now either sold or in-contract. Construction is also making major headway. Located in the Jersey Shore’s Long Branch community, Pier Village is being developed in collaboration with Kushner Companies, and the entire development is slated for completion in 2020.