This week, development partners Kushner Real Estate Group and National Real Estate Advisors celebrated the opening of the second rental skyscraper at Journal Squared. Located at 537 Summit Avenue in Jersey City, the new 68-story tower stands 754 feet tall and comprises 704 residences.
Construction is expected to break ground this summer on Georgia King Village, a new construction project in Newark‘s Fairmount neighborhood with affordable housing, residences for the formerly homeless, and a community healthcare clinic with social services for at-risk populations. Development partners include University Hospital, L+M Development Partners, as well as various state and city agencies. Inglese Architecture + Engineering is responsible for the design.
AvalonBay Communities has partnered with Atria Senior Living and Welltower to complete a $300 million mixed-use community in New Jersey’s West Windsor Township. The community is taking shape near the Princeton Junction Amtrak train station and will comprise mixed-income, age-restricted, and market-rate housing in addition to retail, a public promenade, and a mix of enclosed and surface-level parking.
Underwater passageways connecting New York and New Jersey still remain damaged after Superstorm Sandy, but The Hudson River Tunnel Project could get them back on track. The project’s Final Environmental Impact Statement was approved this week by the United State Department of Transportation’s Federal Railroad Administration and Federal Transit Administration, a crucial prerequisite for federal funding.
Construction is nearing completion on RIVET 26, a new rental building at 26 University Place in Jersey City. Designed by Netta Architects, the property offers 199 residences and is the latest component of the University Place masterplan community near the western edge of the city.
