New Jersey

The Pointe

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

6:00 am on March 17, 2016 By Reid Wilson

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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Hudson Lights

First Phase Of Hudson Lights Mixed-Use Project Wraps Up Construction, Fort Lee

6:00 am on March 10, 2016 By Reid Wilson

Back in November of 2013, YIMBY revealed renderings of Hudson Lights, a multi-building mixed-use development, in downtown Fort Lee, New Jersey. The three-block project is bound by Main Street, Lemoine Avenue, Bruce Reynolds Boulevard, and Park Avenue (formerly Martha Washington Way). Its first phase, which includes 140,000 square feet of commercial-retail and 276 rental apartments in the form of 12- and three-story buildings, is now wrapping up construction. NorthJersey.com reports 75 percent of the retail space is now leased. CycleBar, SeeSaw, Linwood Wine & Liquor, CVS, a Capital One bank, a Coldwell Banker office, multiple restaurants, and an eight-screen iPic movie theater have all leased space. Opening is expected this summer. The approved second phase of the project will include two taller buildings with an additional 201 residential units, a 175-key hotel, and 50,000 square feet of retail space. Illinois-based Tucker Development Corp. is the developer.

65 Bay Street

50-Story, 446-Unit Residential Tower Wraps Up Construction At 65 Bay Street, Jersey City

11:00 am on March 8, 2016 By Reid Wilson

Back in September of 2015, YIMBY brought you construction shots of the planned 50-story, 446-unit residential tower at 65 Bay Street, in Jersey City’s Powerhouse Arts District. At the time, the structure was roughly 35 stories in height, and has since topped out at 484 feet above street level. The rental project, dubbed Trump Bay Street, accumulated $50 million in financing from the EB-5 program, Bloomberg Politics reports. It’s 41,000 square feet of amenities include an outdoor pool, an indoor golf simulator, along with a large parking garage, which connects to Trump Plaza Residences (built of 2008). Kushner Companies and KABR Group are the developers and Humphreys & Partners Architects is designing. Completion is expected this upcoming summer.

33 Park Avenue

44-Story, 448-Unit Residential Tower Rises To 35th Floor At 33 Park Avenue, Jersey City

3:00 pm on February 25, 2016 By Reid Wilson

In February of 2015, YIMBY revealed renderings of the two-tower, 900-unit residential development at 33 Park Avenue, in eastern Jersey City’s Liberty Harbor section. A few months after our post, Fisher Development broke ground on the first tower of the project, which includes a 44-story, 448-unit building with retail space in its base. Now, photos by Tectonic reveal that the structure is roughly 35 stories above street level and rising. Curtain wall installation has also begun on the four-story base podium. The other tower will also eventually stand 44 stories but will contain 452 residential units. Retail space in both components will total roughly 15,000 square feet. The apartment towers are being designed by Perkins Eastman and completion of the first tower is expected in 2017.

213 Van Vorst Street

Foundation Work Begins For 15-Story, 255-Unit Mixed-Use Building At 213 Van Vorst Street, Jersey City

6:00 am on February 5, 2016 By Reid Wilson

Early in 2015, the Jersey City Planning Board approved plans for two 15-story mixed-use buildings at 193 and 213 Van Vorst Street, in the Paulus Hook neighborhood of Jersey City. Now, HFF has secured for the developers, Global Real Assets and Fields Development Group, $63.5 million in financing for the first phase of the project, according to REBusinessOnline. The first phase at 213 Van Vorst Street will have 255 residential units, which will come in one-, two-, and three-bedroom configurations, and two ground-floor retail units totaling 7,237 square feet. The second building will include an additional 153 residential units and 7,305 square feet of ground-floor retail. Pile driving and foundational construction on the first building began last January, per Jersey Digs, and completion is expected in 2017. Marchetto Higgins Stieve is the design architect.

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