New Jersey

Rendering of 54 Bright Street, by Jorge Mastropietro Architects Atelier

Four-Story, Four-Unit Building Rises at 54 Bright Street, Jersey City

We like to keep our eyes open to new developments outside New York City, and one of the fastest-growing places is Jersey City. It could soon overtake Newark as the most populous city in the nation’s most densely-populated state. In January, ground was broken for a 900-foot residential tower at 99 Hudson Street. Now, we have word of a decidedly smaller development – a four-story, four-unit condominium building rising at 54 Bright Street.

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450 Broad Street

Developer Plans 1,000-Unit-Plus Mixed-Use Project At 450 Broad Street, Newark

New York-based Lotus Equity Group has acquired the Bears and Eagles Riverfront Stadium at 450 Broad Street, in Downtown Newark, for $23.5 million, NJ Advance Media reports. The 6,014-seat stadium (and presumably the four-story parking garage to the south), located two blocks from the New Jersey Transit’s Newark Broad Street station, is expected to be demolished to make way for a mixed-use tower. The development could accommodate between 1,000 and 1,500 residential units and will contain commercial spaces. The commercial uses haven’t been finalized yet, but plans include a possible hotel and retail space. A construction timeline has not been disclosed. The baseball stadium was construction only 17 years ago.


591 Montgomery Street

Extensive Renovations Planned At 131-Unit Subsidized Housing Complex At 591 Montgomery Street, Jersey City

The Jersey City Housing Authority has tapped The Architectural Team to design an extensive renovation of the 14-building, 131-unit affordable housing complex at 591 Montgomery Street, located just west of downtown Jersey City. The complex, dubbed Bushwick Estates, includes three- and four-story building with subsidized apartments that come in two-, three-, and four-bedroom configurations. Real Estate Weekly reports the renovations will include both interior and exterior work, featuring new façades, green spaces with landscaping and lighting, and energy-efficient technology. The complex – which is bound by Bright, Merseles, and Montgomery streets – was originally completed in the 1980s and designed by Don M. Hisaka.


Triangle Park

Deal Reached For Triangle Park Multi-Building Mixed-Use Development, Newark

Early last year, the Newark City Council approved plans to build a 2.5-acre park in the city’s downtown. It would connect Prudential Center to the Ironbound’s Peter Francisco Park by bridging over Newark Penn Station, but it would also serve as the centerpiece of a multi-building mixed-use development of the surrounding vacant blocks. Last week, the city of Newark struck a deal with Edison Properties and J&L Parking Corporation to development the buildings, Newark Patch reports. Details on the new buildings are sparse, but there will be a significant number of residential units, retail space, and possible office space. Construction is expected to commence later this year and completion is tentatively set for July of 2018. The Newark Community Economic Development Corporation will head the construction of the park, being designed by MKW + Associates.


The Pointe

Groundbreaking Imminent For 5.8-Million Square-Foot Mega-Development In Sayreville, New Jersey

In the next few weeks, O’Neill Properties Group is expected to break ground on the 5.8-million-square-foot mixed-use mega-development planned on 418 acres along the Raritan River in Sayreville, New Jersey. The New York Times reports the project, dubbed the Pointe, will include 2,000 residential units, up to 1,000 hotel rooms, 750,000 square feet of office space, and 2.4 million square feet of commercial-retail space. Also approved is 226,000 square feet of Times Square-style digital signage across seven billboards.

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