Construction at 533 Mercer Street, aka 289 Jordan, has risen above street level in the McGinley Square neighborhood of Jersey City. Located at the intersection of Mercer Street and Jordan Street, the 16-story mixed-use residential property will contain a total of 300 apartments. These will include 56 affordable housing units, 138 studios, 90 one-bedroom homes, 33 two-bedrooms, and six three-bedroom homes. The project is being designed by Marchetto Higgins Stieve Architects and developed by Mercer Jordan LLC, an affiliate of New York-based company Sequoia Development Group, GRID Real Estate and Dresdner Robin.
Marchetto Higgins Stieve
Hoboken-based architect Marchetto Higgins Stieve recently revealed new renderings for 184 Morgan Street, aka 331 Marin Boulevard, in Jersey City. Construction should soon begin for the 41-story residential building, located at the intersection of Marin Boulevard and Morgan Street. The structure will yield 482 residential units and contain 121 parking spaces, a 125-seat theater, and 14,000 square feet of amenities. The Albanese Group is the developer of the property.
Located at 197 Van Vorst Street in Jersey City, at the southwest intersection of Morris Street and Van Vorst Street in the Paulus Hook neighborhood, a new 16-story residential mid-rise is under construction and just began leasing its 153 units. Field Development Group is behind the project, the same firm that successfully completed the Lenox, directly across the street to the north. Marchetto Higgins Stieve is the designer and Bozzuto is the property manager for the building, which has been dubbed “Quinn”.
KRE Group, developers of Jersey City’s Journal Squared towers, have now launched rental leasing for 485 Marin in the city’s historic Hamilton Park District. The development will yield the tallest buildings in Hamilton Park, which is more commonly known for its Victorian homes, brownstones, and tree-lined streets.
711 Montgomery Street in Jersey City has sold to Sequoia Development Group for an undisclosed amount. The sellers, Florida-based Rescore Montgomery LLC, had purchased the site in April 2015 for $4.5 million. Sequoia Development Group joined a partnership with Grid Real Estate to work on the development. The 16-story project is expected to yield 309 apartments, and today YIMBY has the first look at renderings.